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December 2016
23 December 2016
Zigurds "Zig" Vitols will replace Rasool Mohammad as president and ceo at Select Sands as the company moves towards full production.
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20 December 2016
Despite opposition from environmental campaigners, the UK's High Court has ruled that a permit awarded to Third Energy for fracking in North Yorkshire is valid, leaving the company free to go ahead with tests to determine the viability of oil and gas extraction at the site.
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15 December 2016
Trump win ‘positive’ for oil and gas sector while uncertainty surrounds the future of renewables. Meanwhile a lack of clarity remains in terms of foreign trade agreements.
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15 December 2016
Oil prices rallied following an announcement by OPEC that it would set a production limit of 32.5m bbl/d.
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12 December 2016
Both OPEC and non-OPEC producers have agreed to jointly cut production in the interest of oil producers and consumers.
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07 December 2016
Monthly rig counts were up in almost every region globally, while US rig counts showed positive growth for the fourth week running.
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06 December 2016
Since OPEC's agreement last week to curb oil output, oil prices have rallied to one-year highs. However, November production figures indicate another rise in output from the organisation.
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06 December 2016
Despite technology advancements in fracking, oil and gas recoveries remain low. NETL has awarded DOE labs with six projects and funding to investigate fracking technology and proppants to help improve the efficiency of oil and gas production.