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OPEC Net Oil Revenues in 2016 Were the Lowest Since 2004

May 22, 2017 - in Energy, Oil & Gas

Members of the Organization of the Petroleum Exporting Countries (OPEC) earned about $433 billion in net oil export revenues in 2016, the lowest since 2004. In real dollar terms, the 2016 revenue represents a 15% decline from the $509 billion earned in 2015,…

Atlas Copco to Acquire Pump Rental Business in Brazil

April 24, 2017 - in Energy, Oil & Gas

Stockholm, Sweden: Atlas Copco, a leading provider of sustainable productivity solutions, has agreed to acquire Itubombas Locação Comércio Importação…

​Governor Wolf Announces Opening of First of 29 Compressed Natural Gas Fueling Stations Under Public Private Partnership

April 24, 2017 - in Energy, Oil & Gas

Harrisburg, PA – Governor Tom Wolf today announced the opening of the first of 29 Compressed Natural Gas (CNG) fueling stations planned as part of a…

NARUC Establishes Natural Gas Access and Expansion Task Force

April 18, 2017 - in Energy, Oil & Gas

Washington—National Association of Regulatory Utility Commissioners President Robert F. Powelson and its Executive Committee have established a new Presidential Natural Gas Access and Expansion Task Force. Pennsylvania Commissioner John Coleman and Mississippi…

Asia-Pacific Region Provides Best Opportunities in Declining Global Gas Turbine Market, Says GlobalData

April 13, 2017 - in Energy, Oil & Gas

The global gas turbine market is set to fall from $8.49 billion in 2016 to around $7.73 billion by 2021, representing a negative compound annual growth rate of 1.87%, according to research and consulting firm GlobalData. The company’s latest report states…

IGas Energy Video: A Customer Story

IGas is delivering faster time to insight and improving productivity across the enterprise using the ArcGIS platform. A lightweight integrated deployment in just 18 months has them well ahead of their project implementation plan – and delivering significant…

Exprodat Offers ArcGIS Pipeline Referencing Implementation Services

February 16, 2017 - in Energy, Oil & Gas, Pipelines

Exprodat, the oil and gas ArcGIS platform specialist, Esri Gold Partner and Getech group company, has extended the services it provides to energy companies around the world by developing a number of support services targeted at the new ArcGIS Pipeline Referencing…

Fluor Awarded Refinery Project in Chile

January 6, 2017 - in Energy, Oil & Gas

IRVING, Texas - Fluor Corporation (NYSE: FLR) announced today that it was awarded a contract by Empresa Nacional del Petróleo (ENAP) for the engineering, procurement and construction of a new process unit at its Biobío refinery in Chile. Fluor booked the…

Digging Deep: A New White Paper Analyzes the Market Opportunity for Cross Bore Inspection Services

November 22, 2016 - in Energy, Oil & Gas

RANDOLPH, NJ—November 2016 — With continued reliance on trenchless methods for gas utility installation, cross bores remain a constant risk for communities. When gas lines inadvertently intersect sewer lines it creates the potential for an explosion, so…

UK will Account for Majority of Crude and Natural Gas Projects in North Sea, with 22 Operations Expected to Commence Operations in the Region by 2025, says GlobalData

November 14, 2016 - in Energy, Oil & Gas

A total of 32 crude and natural gas projects are expected to commence operations in the North Sea region by 2025, with the UK claiming the highest number at 22, followed by Norway and Denmark with nine and one respectively, according to research and consulting…