By Lindsey Scott   From Amazon to Walmart, companies across the globe are striving to implement ESG initiatives that can stand up to increased scrutiny. The energy industry, like all industries, is facing the possibility of new standards for carbon emission disclosures that will need to be disclosed to shareholders, stakeholders, and regulators. Simply put: today’s investors are relying on more robust […]

by Dr. M. Ray Perryman For the second consecutive year, the Nobel Memorial Prize in Economics has been awarded to three Americans. For 2022, the recipients are Ben S. Bernanke (former Federal Reserve Chairman now with The Brookings Institution), Douglas W. Diamond (University of Chicago), and Philip H. Dybvig (Washington University in St. Louis) “for […]

Apache Corporation, a subsidiary of APA Corporation, announced Oct. 24 the donation of more than 245,000 trees to 40 nonprofit partner organizations through the annual Apache Corporation Tree Grant Program. Since 2005, more than five million trees have been granted to more than 900 U.S. nonprofit charitable partners and government agencies. Plantings from this year’s grants […]

by Tracy Gray Thanks to the pandemic, delays in turnarounds, and restrictions on the numbers of contractors on rigs, pipelines and production sites forced companies to delay work that had been planned for years. As we continue to emerge from the restrictions, industry experts predict a bottleneck of turnaround projects into 2023 as companies work to […]

Houston-based GD Energy Products (GDEP), a solutions provider for the drilling, well servicing, and frac pumps market, has partnered with U.S. Well Services to supply 3,000-horsepower pumps for their Nyx Clean Fleet. Each custom-designed pump is powered by an electric drive motor to create an environmentally sustainable frac unit. Tony McLain, vice president of sales, […]

Companies across sectors, including technology, retail, and banking and payments, continued to announce layoffs, and a sizable decline in active jobs (number of jobs available for application) is also apparent in August 2022, reveals GlobalData, a data and analytics company. An analysis of GlobalData’s Jobs Analytics database has identified a seven index-points decrease in active jobs in August 2022 due to […]

By Ryan Dusek How quickly things have changed. Just a year ago, the Federal Open Market Committee (FOMC) gave a picturesque view of the economy. Any inflation was transitory and would likely fall to 2 percent in 2022. The federal funds rate would remain lower longer with little chance of a recession. At that same time, […]