National Ocean Industries Association President Erik Milito said Interior has had 16 months to fulfill its statutory obligation to develop and maintain an offshore oil and gas leasing program and it has failed. SourceContinue Reading

Employment in the U.S. oilfield services and equipment sector rose by an estimated 4,999 jobs to 633,198 in June, according to preliminary data. SourceContinue Reading

This year, the number of new petroleum-engineering graduates in the U.S. is expected to total about 400 — an 83% decline from 2017, when they peaked at more than 2,300. SourceContinue Reading

The heart of the U.S. physical oil markets is screaming for supplies even as headline prices swing due to worries about a global recession. SourceContinue Reading

In response to high interest from submitting authors, the new deadline to submit abstracts is August 8, 2022. The Congress will take place from September 17-21, 2023, in Calgary, Alberta. SourceContinue Reading

Trelleborg Sealing Solutions launches its interactive Variseal® Oil & Gas Seal Selector, an online configuration tool to provide customers with technical proposal specifications for high-performance sealing. SourceContinue Reading

These drill bits combine the latest technology with an industry-leading customization process to deliver high-performance, application-specific designs for customers. SourceContinue Reading

Railroad Commission of Texas Chairman Wayne Christian applauds the Texas oil and gas industry following the Texas Comptroller of Public Accounts’ announcement of record-breaking tax revenues from the industry. SourceContinue Reading

Shell Plc said soaring margins from fuel production may have added more than $1 billion to the earnings of its refining business last quarter, when gasoline prices broke records in several countries. SourceContinue Reading

The U.S. and its allies have discussed trying to cap the price on Russian oil between $40 and about $60 a barrel, according to people familiar with the matter. SourceContinue Reading