Latest news on oil prices, fracking, drilling, refining, and processing for gas. The latest oil & gas news, commodity prices, drilling activity, property listings, m&a database for the oil and gas industry in canada and the united states. The upstream oil and gas industry has one of the highest rates of severe injuries in the country, according to an e&e news analysis of workplace injury data by some measures, it has the highest. Oil and gas value chain and significant accounting issues the objective of oil and gas operations is to find, extract, refine and sell oil and gas, refined products and related products.
The joint report with the national association of state energy officials finds that the upstream portion of the oil and gas supply chain added 11,000 jobs in 2017, while the natural gas-fired electricity generation sector added an impressive 19,000 jobs. Oil & gas in thailand industry profile offers broad overview information containing: market size (value and volume 2013-17, and estimate to 2022) the report also offers details of the top players, including main business metrics and analysis of the competitive environment within the market. Oil & gas insights unlocking future growth for deepwater in the gulf of mexico mckinsey projects deepwater prospects will be an important part of future global oil and gas supply, with the gulf of mexico representing a sizable portion of new production expectations for 2030.
Oil and gas analytics market, by region us oil and gas analytics market size was valued at over usd 1 billion in 2015 owing to expansion of exploration and production of unconventional resources increasing numbers of refineries coupled with capacity expansion in india may favor the industry outlook. The international labour organization also released a report in january 2016 that found the challenge for the oil and gas industry is to be able to quickly and effectively respond to potential vast and serious incidents. Isnetworldcom // report no 1303 contractor group benchmarking report, us, 1301 data // oil & gas, comprehensive 5 [a] north american industry classiﬁ cation system—united states, 2007 totals for each naics code are based on all records classiﬁ ed at a more disaggregated level and may include data for.
The report found an industry returning to what it knows best - assessing opportunities for overseas growth while also exploiting the oil and gas reserves of the north sea. Highlighting tax developments of current interest to companies operating in the oil and gas industry, whether upstream or downstream, and businesses in the oilfield services, engineering and construction industries. Changing times in the oil and gas industry when the crude oil export ban was lifted in january 2016, many broadly viewed it as good for the industry and free trade but were not quite sure about its impact 2017 was the year the united states confirmed its growing status as an energy exporter.
The concept of big data and analytics s fairly new to a few industries, but the oil & gas sector has been one of the major consumers of this service as the industry deals with a large volume of data to formulate several technical decisions. Oil and gas industry capital spending in the us will increase 15% to $184 billion this year vs last year, according to ogj's annual capital spending survey. Ita's 2017 upstream oil and gas equipment top markets report is designed to provide market intelligence to us companies, as well as inform policy-makers on o&g markets where us government (usg) resources can make.
Oil and natural gas corporation (ongc) is going to invest rs 17,615 crore (us$ 273 billion) on drilling oil and gas wells in 2018-19 government initiatives some of the major initiatives taken by the government of india to promote oil and gas sector are. For the first time since crude prices nosedived in 2014, a majority of oil and gas industry ceos surveyed for pwc's 21 st ceo report say they believe that global economic growth will improve in the next 12 months moreover, 83% of industry ceos report they're very or somewhat confident in their own company's prospects for growth in the. August 1 - 2015 oil and gas annual report published: dep published the 2015 oil and gas annual report this was the third year in a row that dep's office of oil and gas management authored and released a comprehensive annual report for public review and use.
Industry insights the global oil & gas corrosion protection market size was estimated at usd 801 billion in 2015 and is expected to experience significant growth over the forecast period, primarily owing to the rising need for transportation and supply infrastructure in o&g industry. Article / oil & gas / china / mon 06 aug, 2018 key view : if imposed, higher tariffs on us lng will drive-up the cost of china's ongoing state-led gasification efforts, particularly during the winter months when china's domestic gas demand, and with it the need for us lng, peaks. Oil & gas journal- oil, gas, and petroleum news and resources oil & gas journal interviews industry executives about important topics click to see the series report are indications of. Much of the oil and gas industry has survived an especially tough few years with weak demand and low prices it has been difficult to make strategic decisions and plan for the future only now is the sector beginning to emerge from its upheaval.