Oil & Gas

U.S. Permian basin is positioned to play a major role in U.S. energy industry and the global oil market going forward. Here are the key facts about the…

What is offshore decommissioning? Offshore decommissioning involves plugging oil and gas wells and disposal of the equipment used in offshore oil and gas production. It occurs in the…

OPEC crude oil production increased by approximately 173.4 thousand bbl/day to reach to 32.327 million bbl/day during the month of June 2018. Last month’s OPEC crude oil production…

The last time I wrote an article on the state of the oil market with regard to the oil market cycle was back in April 2016. At that…

Why OPEC/non-OPEC oil producers are determined to continue to support oil price recovery despite shale oil production growth? It is because: 1- OPEC/non-OPEC oil producers will make more revenue…

How did oil trading begin? This infographic provides a brief overview of the history of crude oil, crude oil trading, factors that impact crude oil prices and future…

Crude oil is an integral part of our daily life, from transportation, heating, production, electricity, to beauty products. This infographic provides a brief overview of the history of…

What is the origin of oil? How was oil formed? This infographic provides a brief overview of how oil -the world most valuable commodity is formed and its…

This infographic below provides an overview of what is enhanced oil recovery is all about and the types of enhanced oil recovery methods available: Source: drillinginfo

When it comes to oil prices fluctuations, supply and demand is the main factor that drives oil prices up or down. Other factors such as OPEC stance, wars,…

Here is an overview of how the biggest oil and gas companies around the world such as Saudi Aramco, ExxonMobil, Chevron Corporation, Royal Dutch Shell and BP were…