Economic Impact of Oil and Gas Exploration: Case Studies in Job Creation
Oilman Magazine
by U.S. Energy Media Staff
2d ago
The exploration and development of oil and gas resources are vital economic activities that significantly contribute to job creation and national employment. The sector requires many professionals and skilled workers, making it a major player in boosting economies and shaping labor markets. This analysis delves into the versatile job landscape ..read more
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Energy Industry Surges as Demand Rises
Oilman Magazine
by Alex Mills
1w ago
Demand for energy continues to increase from coast to coast, and record production continues to grow from a variety of sources. Crude oil and natural gas, which account for 80% of the nation’s energy, almost set a new record for monthly production in February, according to data released by the ..read more
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Global Upstream Opportunities Valued at $150 billion Expected to Fuel M&A Activity in 2024
Oilman Magazine
by U.S. Energy Media Staff
1w ago
After the biggest first quarter for global upstream dealmaking in five years, the industry could see another $150 billion of merger and acquisition (M&A) deals in the remainder of 2024. With global M&A deal value crossing the $64 billion mark already this year, it represents the strongest first-quarter performance since ..read more
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Saudi Aramco’s AI Innovation Dominance Places Company Ahead of the Curve
Oilman Magazine
by U.S. Energy Media Staff
1w ago
The oil and gas industry is confronted with an array of disruptive challenges, which stem from rising energy demands, frequent threats to the supply chain, geopolitical tensions, and the transition to alternative and sustainable fuel sources. In response to these pressures, there is a compelling need to fervently embrace innovation ..read more
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Structural Performance Management: The Next Frontier of Asset Optimization
Oilman Magazine
by Claus Reimers
2w ago
Against a backdrop of global demand surges and heightened energy security concerns, the downstream sector is confronted with a balancing act of safely operating assets, with the maximum output, for the longest time possible. In North America, downstream facilities are decades old and at increased risks of failures, safety incidents ..read more
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National Energy Talk Episode 26: Jason Spiess of North Dakota, Host of The Crude Life and Contributing Editor of Oilman Magazine
Oilman Magazine
by U.S. Energy Media Staff
2w ago
In this episode, Jason addresses several energy topics, including the energy transition. Visit The Crude Life at www.thecrudelife.com. This episode is sponsored by David A. Guest, CMM ..read more
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Greenwashing and Plastics: Getting Ahead of the Upstream Risks
Oilman Magazine
by Adam Hudes and Jon Solorzano
2w ago
Consumer packaged goods companies know that sustainability sells. And in their efforts to market their products as sustainable, they’ve long contended with allegations of greenwashing—the practice of claiming their products are friendlier to the environment than they actually are. With these companies facing heavier pressure to shrink their plastics footprint ..read more
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Carbon Capture: A New Way to Reduce CO2 Emissions
Oilman Magazine
by U.S. Energy Media Staff
2w ago
In the global energy industry, 321 million tons of CO2 were emitted in the past year. The rise in greenhouse gas emissions in the past century is taking a toll on the environment. Twenty years from now, we will create irreversible damage to the earth at this emission rate. The ..read more
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Energy Workforce & Technology Council Testifies in Support of U.S. Energy Production
Oilman Magazine
by U.S. Energy Media Staff
2w ago
Today, Energy Workforce & Technology Council President Tim Tarpley and EWTC Board Member Ron Gusek, President, Liberty Energy testified before the U.S. House of Representatives House Oversight Subcommittee on Economic Growth, Energy Policy, and Regulatory Affairs during the Field Hearing titled “Drilling Down: Oversight of the Challenges and Opportunities Facing the ..read more
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Texas Oil and Natural Gas Production Increases as Geopolitical Conflicts Escalate
Oilman Magazine
by U.S. Energy Media Staff
2w ago
Austin, Texas – Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing an increase in upstream employment for the month of March 2024. According to TIPRO’s analysis, direct ..read more
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