Petroleum industry

Axora Helps Oil and Gas Companies to Recover After COVID-19

Tuesday, September 22, 2020 - 8:00am

"Fifteen percent of global energy greenhouse gas emissions come from the process of getting oil and gas out of the ground," said Stuart Gregg, Industry innovation Director for Oil and Gas, Axora.

Key Points: 
  • "Fifteen percent of global energy greenhouse gas emissions come from the process of getting oil and gas out of the ground," said Stuart Gregg, Industry innovation Director for Oil and Gas, Axora.
  • Axora's Oil and Gas Resource Centre offers smart technologies that fast-track safer, more efficient, and more sustainable production.
  • The creation of Axora's Oil and Gas Resource Centre follows the successful launch of its Smart Mining Resource Centre in May this year.
  • Axora is currently focusing on the Oil and Gas and Mining and Metals sectors and will expand into other sectors as the business grows.

US Crude Oil Stockpiles Rose in September - Showing That Demand is Still Weak

Monday, September 21, 2020 - 7:00pm

Oil prices slid again on 10 September as U.S. crude stockpiles rose, showing that demand is still weak from the pandemic, according to an article in CNBC today.

Key Points: 
  • Oil prices slid again on 10 September as U.S. crude stockpiles rose, showing that demand is still weak from the pandemic, according to an article in CNBC today.
  • Coronavirus cases are still rising in many US states, forcing many to work from home or businesses to shut down operations in that lucrative oil market.
  • Faced with a surplus of crude stockpiles, commodity traders are booking tankers to store crude oil and diesel on the water, with supply outpacing consumption.
  • We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Ball Valves Market worth $14.7 billion by 2025 - Exclusive Report by MarketsandMarkets™

Monday, September 21, 2020 - 2:30pm

However, right from the beginning of 2020, the entire world has been strongly hit by the COVID-19 pandemic, a health and an economic crisis.

Key Points: 
  • However, right from the beginning of 2020, the entire world has been strongly hit by the COVID-19 pandemic, a health and an economic crisis.
  • This drop in demand is likely to have an adverse impact on the growth of the Ball Valves Market in 2020.
  • A few of the key players in the Ball Valves Market are Emerson (US), Cameron Schlumberger (US), Flowserve (US), IMI Plc.
  • Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model GEM".

Ball Valves Market worth $14.7 billion by 2025 - Exclusive Report by MarketsandMarkets™

Monday, September 21, 2020 - 2:30pm

However, right from the beginning of 2020, the entire world has been strongly hit by the COVID-19 pandemic, a health and an economic crisis.

Key Points: 
  • However, right from the beginning of 2020, the entire world has been strongly hit by the COVID-19 pandemic, a health and an economic crisis.
  • This drop in demand is likely to have an adverse impact on the growth of the Ball Valves Market in 2020.
  • A few of the key players in the Ball Valves Market are Emerson (US), Cameron Schlumberger (US), Flowserve (US), IMI Plc.
  • Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model GEM".

Global Chemical Enhanced Oil Recovery Market (2019 to 2026) - Size, Share, Outlook and COVID-19 Strategies - ResearchAndMarkets.com

Thursday, September 17, 2020 - 5:30pm

The trends underpinning the profitability of Chemical Enhanced Oil Recovery companies are shifting rapidly, forcing companies to carefully align their strengths in synchronization with Chemical Enhanced Oil Recovery industry trends.

Key Points: 
  • The trends underpinning the profitability of Chemical Enhanced Oil Recovery companies are shifting rapidly, forcing companies to carefully align their strengths in synchronization with Chemical Enhanced Oil Recovery industry trends.
  • To assist Chemical Enhanced Oil Recovery manufacturers and vendors to formulate their strategies and analyze their business in the global front, the publisher has published its 2020 series of Chemical Enhanced Oil Recovery market size, share, opportunities, and outlook to 2026.
  • It presents the strategies being adopted by leading Chemical Enhanced Oil Recovery companies, emerging market trends, Chemical Enhanced Oil Recovery market drivers, challenges, and potential opportunities to 2026.
  • Further, Chemical Enhanced Oil Recovery market revenue and market shares in global industry are forecast across different types of Chemical Enhanced Oil Recovery, applications, and end-user segments of Chemical Enhanced Oil Recovery and across 18 countries.

Pearl Meyer Adds Seasoned Executive Compensation Expert Scott Landis to Its Houston Office

Thursday, September 17, 2020 - 3:00pm

NEW YORK, Sept. 17, 2020 /PRNewswire/ --Executive compensation consultancy Pearl Meyer today announced that Scott Landis has joined the firm's Houston office as managing director.

Key Points: 
  • NEW YORK, Sept. 17, 2020 /PRNewswire/ --Executive compensation consultancy Pearl Meyer today announced that Scott Landis has joined the firm's Houston office as managing director.
  • Landis brings nearly 30 years of compensation consulting experience working with both boards and management teams across a variety of industries.
  • Landis has noted expertise in the energy industry , specifically in the oil and gas industry sectors (upstream, oilfield services, midstream, and refining/marketing).
  • "His experience in a wide range of business sectors, specifically in oil and gas, will be an excellent complement to our Houston office."

Offshore Drilling Rigs Market- Roadmap for Recovery from COVID-19|Increase In Deepwater And Ultra-deepwater Drilling Activities to boost the Market Growth | Technavio

Thursday, September 17, 2020 - 3:00am

The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Key Points: 
  • The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
  • High potential of offshore marginal fields is a major trend driving the growth of the market.
  • The increase in deepwater and ultra-deepwater drilling activities is one of the major factors driving the market.
  • Offshore Drilling Rigs Market 2020-2024: Segmentation
    Offshore Drilling Rigs Market is segmented as below:

Valero Energy Corporation to Announce Third Quarter 2020 Earnings Results on October 22, 2020

Wednesday, September 16, 2020 - 9:20pm

Valero Energy Corporation (NYSE:VLO) (Valero) today announced that it will host a conference call on October 22, 2020, at 10:00 a.m.

Key Points: 
  • Valero Energy Corporation (NYSE:VLO) (Valero) today announced that it will host a conference call on October 22, 2020, at 10:00 a.m.
  • ET to discuss third quarter earnings results, which will be released earlier that day, and provide an update on company operations.
  • Valero Energy Corporation, through its subsidiaries (collectively, Valero), is an international manufacturer and marketer of transportation fuels and petrochemical products.
  • Valero sells its products in the wholesale rack or bulk markets in the U.S., Canada, the U.K., Ireland and Latin America.

Brazos Midstream Selects Quorum Software to Increase Data Integrity, Accuracy and Automation for Gas Gathering and Processing

Wednesday, September 16, 2020 - 3:00pm

Quorum Software (Quorum) , the leader in digital transformation for the oil and gas industry, today announced that Brazos Midstream has selected its myQuorum TIPS gathering and processing solution to streamline data, simplify the settlement process and increase data accuracy.

Key Points: 
  • Quorum Software (Quorum) , the leader in digital transformation for the oil and gas industry, today announced that Brazos Midstream has selected its myQuorum TIPS gathering and processing solution to streamline data, simplify the settlement process and increase data accuracy.
  • Brazos is a growth-oriented, Delaware Basin-focused oil and gas company that operates 1,000 miles of gas gathering pipeline and 75 miles of crude pipeline.
  • With three plants in Brazos natural gas processing complex and a total operated processing capacity of 460 MMcf/d, the company needed a software partner to help manage all of its gas gathering and processing requirements.
  • Quorums gas gathering and processing solution provides the following benefits to Brazos:
    Industry Expertise: Quorum settles 80% of total U.S. gas processing plant output and has over 20 years of experience serving the midstream oil and gas industry.

Faced With a Surplus of Crude Oil Stockpiles Commodity Traders Are Booking Tankers for Storage - ResearchAndMarkets.com

Wednesday, September 16, 2020 - 10:40am

Oil prices slid again on 10 September as U.S. crude stockpiles rose, showing that demand is still weak from the pandemic, according to an article in CNBC today.

Key Points: 
  • Oil prices slid again on 10 September as U.S. crude stockpiles rose, showing that demand is still weak from the pandemic, according to an article in CNBC today.
  • Coronavirus cases are still rising in many US states, forcing many to work from home or businesses to shut down operations in that lucrative oil market.
  • Faced with a surplus of crude stockpiles, commodity traders are booking tankers to store crude oil and diesel on the water, with supply outpacing consumption.
  • OPEC leaders will meet in mid-September, and Citi analysts noted that if markets continue to weaken, the organisation will trim global output further.