By Rupert Darwell By any standard, the London meeting of finance ministers of the Group of Seven leading Western economies a week before the G7 leaders’ summit was historic. By committing to transformative structural change to meet net-zero greenhouse gas targets and other environmental objectives, G7 finance ministers turned themselves into adjuncts of their environment […]

There’s a new book on the Permian Basin, and its creators are taking the tome to the people. Joe Specht, emeritus library director at McMurry University, Abilene, is among the contributors to the recently published Boom or Bust: Narrative, Life, and Culture from the West Texas Oil Patch (Oklahoma University Press). The collection of essays […]

A little-noticed section of an environmental bill pending in Congress could reclassify water extracted from oil and gas wells as hazardous waste, dramatically driving up drilling costs in the United States and destabilizing energy markets around the world, according to a new report from Rice University’s Baker Institute for Public Policy. If the legislation becomes […]

North America is expected to lead the global liquefied natural gas (LNG) liquefaction capacity additions by 2025, contributing around 63 percent, says GlobalData, a leading data and analytics company. The Former Soviet Union (FSU) region is a distant second place, with 18 percent, followed by the Middle East at 10 percent. GlobalData’s latest report, “Global […]

By Chandler Terrell On June 8th, I experienced intermittent connectivity to several websites like Amazon, Twitter, and Hulu. Frustrated, I tried multiple attempts at refreshing my browser, but nothing improved. This outage was due to a failure at Fastly, which supports many of the web’s most popular sites (for more detail, see the report posted […]

Oil and gas contract activity remained relatively stable in Q1 2021, with the industry recording a marginal decrease in the number of contracts and at the same time an increase in disclosed contract value, according to GlobalData, a leading data and analytics company. The latest report by GlobalData, “Q2 2021 Global Oil and Gas Industry […]

Archrock Inc., which markets itself as the leading provider of midstream natural gas contract compression services in the United States, on June 7 donated a compressor package worth approximately $200,000 to Midland College. This donation included a contained portable gas lift compression system, equipped with updated Centurion and EICS controls. Headquartered in Houston, Archrock operates […]

By Steve Hendrickson, president, Ralph E. Davis (RED) Associates In late May, RED Associates made a case for significantly higher oil prices over the next few years due to a set of converging factors that would create a supply/demand imbalance, pushing oil prices above $100 per barrel. This argument could be summarized like this: resumption […]