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High Demand For Oil And Natural Gas By Transportation, Industries, And Power Plants Will Fuel The Global Oil And Gas Market Through 2020, Reports Technavio

2016-06-06 10:55:25| oilandgasonline Home Page

Technavio research analysts are forecasting positive growth for many segments of the global oil and gas market over the next four years as several markets including biodiesel, syngas, and oilfield services, will witness an increase in revenues. Based on the far-reaching analysis conducted by Technavio researchers, the global syngas market is expected to grow significantly and post a CAGR of over 14% during the period 2016-2020. This growth is due to the growing demand

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API: Oil And Natural Gas Exploratory Drilling Down In First Quarter 2016

2016-04-07 07:14:13| oilandgasonline Home Page

Estimated natural gas well completions decreased 70 percent in the first quarter of 2016 compared to year-ago levels, according to API's 2016 Quarterly Well Completion Report, First Quarter.

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MDU Resources completes sale of oil and natural gas assets in US

2016-04-07 01:00:00| Hydrocarbons Technology

MDU Resources Group has completed the sale of its oil and natural gas assets in the US marketed by its subsidiary Fidelity Exploration & Production.

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Oil and natural gas boom causes methane emissions to increase

2016-03-16 04:02:00| Climate Ark Climate Change & Global Warming Newsfeed

ScienceDaily: Like carbon dioxide, methane is one of the most important greenhouse gases. After a period of stagnation around 2000, atmospheric methane concentrations started to rise again in 2007. So far, the causes have been unknown. According to the recent study of climate scientists of Karlsruhe Institute of Technology (KIT), at least 40% of this increase result from the growing production of oil and natural gas in the northern hemisphere. The results are now published in the Atmospheric Chemistry and Physics...

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U.S. Oil and Natural Gas Drilling Rig Count at Record Low

2016-03-12 17:26:37| Energy - Topix.net

The number of rigs drilling for oil and natural gas in the United States has fallen to the lowest level since at least 1940, oil services company Baker Hughes Inc said on Friday, as energy firms continued to slash activity amid the deepest energy price rout in a generation. Combined rigs in the U.S. oil and gas fields fell by nine this week to 480, overwriting a previous record low of 488 in April 1999, according to the closely-followed industry data.

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