Stallion Oilfield Services announced in April its rebranding as Stallion Infrastructure Services. As a provider of workforce accommodations for the oil and gas industry, the company has made it clear that while its name has changed, its level of commitment to the sector remains steadfast. In addition to the rebrand, Stallion Infrastructure Services will be […]
Geopolitics Tops O&G Themes for 2023
Geopolitics became a pivotal macroeconomic theme for the oil and gas industry from the start of the Ukraine conflict. The fallout of this conflict is also critically impacting the supply chain theme as newer alliances are being forged. Nevertheless, oil and gas companies will continue to pursue newer industry themes that support the energy transition […]
Navigating the AI Revolution
by Chuck Gallagher What is the hottest business topic this year? No, it’s not interest rates or an impending recession; it’s artificial intelligence. A recent survey indicated that 67 percent of IT professionals believe that generative AI will be a priority for their company within the next year and a half, despite ongoing concerns […]
Beaumont Refinery Expands
(BUSINESS WIRE) ExxonMobil announced March 16 the successful startup of its Beaumont refinery expansion project, which adds 250,000 barrels per day of capacity to one of the largest refining and petrochemical complexes along the U.S. Gulf Coast. Supported by the company’s growing crude production in the Permian Basin, the largest refinery expansion in more than […]
O&G Must Close the Technology Gap
(BUSINESS WIRE) Oil and gas companies in North America face an array of major changes driving trends that require more investment in digital technologies and skills, according to a research report published March 6 by Information Services Group (ISG), a leading global technology research and advisory firm. The report, titled “2022 ISG Provider Lens Oil […]
Interior Debunks Biden’s 9,000 Permit Claim
For nearly a year the Administration has attempted to redirect scrutiny over its slow walking of federal oil and gas leases by chastising U.S. producers for leaving 9,000 permits to drill on federal lands untapped, according to a statement from the American Petroleum Institute. “There are 9,000 unused approved drilling permits,” former White House Press […]
Pearl Harbor Veteran Laid to Rest
Electrician’s Mate 1st Class Harvey Herber, born in Tacoma, Washington, who was serving onboard the battleship U.S.S. Oklahoma during the Dec. 7 attack on Pearl Harbor, was laid to rest at 2 p.m., March 24, at Peaceful Gardens Cemetery in Lubbock, Texas, according to an official report from the U.S. Navy. Herber’s date of birth is […]
Trunk Pipelines to Dominate Midstream Project Starts
The trunk/transmission pipeline segment is set to dominate upcoming midstream oil and gas projects in the United States, accounting for about 46 percent of the project starts between 2023 and 2027, says GlobalData, a leading data and analytics company. GlobalData’s report, “North America Oil and Gas Projects Analytics and Forecast by Project Type, Sector, Countries, Development […]
Patent Infringement Lawsuit Resolve
(BUSINESS WIRE) Crusoe Energy Systems LLC and Alkane Midstream LLC announced March 21 they have agreed to resolve a lawsuit related to patent infringement. Both parties have agreed to dismiss the lawsuit and enter into a mutually beneficial license agreement. Denver-based Crusoe builds and operates Digital Flare Mitigation systems, a technology that converts otherwise stranded […]
Double Eagle Deepens Investment
(BUSINESS WIRE) EnCap Investments L.P., Double Eagle Energy Holdings IV, LLC, and Tumbleweed Royalty IV, LLC announced Jan. 9 the successful equity commitment upsize and establishment of their RBL facility. The expansion of capital will provide for acceleration of Double Eagle’s core strategy of acquiring and developing top-tier, accretive drilling opportunities in the Permian Basin. […]
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