In an energy-hungry world, natural gas gaining the most – Axios

Natural gas was the fastest-growing energy source in the world last year — when global energy consumption rose at its fastest pace in nearly a decade, according to a new International Energy Agency report. Driving the news: Natural gas accounted for 45% of all energy consumption growth in 2018. Most regions and many industries, including the […]

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Strengthening the Energy Sector’s Cyber Preparedness

The Department of Energy (DOE) in March 2018 released a 52-page report outlining its multi-year strategy to improve cybersecurity. In the report’s introduction, Assistant Secretary Bruce J. Walker noted that — Read on www.powermag.com/

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Why Chevron Bought Anadarko

Here’s why Chevron agreed to acquire Anadarko in a deal valued at $50 billion. — Read on www.forbes.com/sites/rrapier/2019/04/14/why-chevron-bought-anadarko/

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CEO of oil group sees no slowdown in US production

The U.S. oil and gas industry is praised by supporters for boosting America to the forefront of global production and attacked by critics who blame it for sowing doubt about the scientific… — Read on apnews.com/132936c2afcb4f44bc3eb01f05b9156d

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U.S. energy companies produce more oil even as they cut spending

U.S. shale energy companies are cutting their spending levels in 2019, but they’re still planning on increased oil and gas output as the nation continues to hit new production records. Shale energy companies plan to cut their capital spending by 5 percent on average after crude prices plunged late last year, even though Big Oil […]

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The Oil And Gas Situation: Is A Train Wreck Around The Corner?

Sooner or later, Russia, Saudi Arabia and the other party nations to the OPEC-Plus export limitations agreement are going to exhaust their running room for additional cuts. When that happens, the U.S. shale boom will probably come to a rapid halt. — Read on www.forbes.com/sites/davidblackmon/2019/02/22/the-oil-and-gas-situation-is-a-train-wreck-around-the-corner/amp/

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Midland crushes nation in creating new jobs – HoustonChronicle.com

Midland led the nation in job growth, with employment in the West Texas county surging by nearly 12 percent — more than seven times the national average, the Labor Department reported Wednesday. — Read on www.houstonchronicle.com/business/energy/article/Midland-crushes-nation-in-creating-new-jobs-13632304.php

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Oklahoma man convicted in multi-million-dollar oil and gas fraud | KOKH

The U. S. Attorney’s Office announced a jury convicted Justin Lane Foust, 42, of Sulphur, Oklahoma, of wire fraud, money laundering, and aggravated identity theft in connection with fraud against Chesapeake Energy. Foust was employed by Chesapeake Operating, Inc, a wholly owned subsidiary of Chesapeake Energy Corporation, from April 2002 until September 2011. Foust formed […]

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Oilfield services companies face another tough slog – HoustonChronicle.com

Weatherford International’s stock is trading below $1 a share. Schlumberger expects growth in its shale business to flatten or decline. General Electric reduced its ownership stake of Baker Hughes. Halliburton’s stock market value has fallen below what it was at one of the worst points of the last oil bust. Energy services companies are facing […]

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December jobs report shows modest growth in Alaska’s oil and gas industry

Alaska has been in a recession for the better part of three years, and the state’s unemployment rate is the highest in the nation right now at 6.3 percent. Many sectors of the economy have been shedding jobs, but there are some signs that the losses are slowing. The state’s Department of Labor and Workforce Development released […]

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