The global financial crisis has not been in the past since 2008, in 2014 crude oil and other commodity prices plummeted without collective about, and the risk make the United States oil & gas companies and financial consortia decidedly diff...

Innovation and collaboration are the key factors to ensure a sustainable future for oil and gas industry. Like several other regions of the world, Middle East region is facing challenges of becoming the mature region of oil and gas explorat...

When the international oil prices fell to $60/barrel, the national energy seems to the fidgets. 《Economic Observer》’Economic Observer’ was informed, that last year in November and December, Energy Board organized and held multiple several ...

Foreign media draw the oil war routes: the Middle East cost $10USD, rise after defeat the United States

At the beginning of this year, international oil price continued to plunge as last year. On Jan. 7th, oil price fell below $ 50 / barrel. Domestic and foreign media talks more about the ‘Era of Low Oil Prices’. However, analysis on various ...

When energy price is dropping dramatically, environmental regulation is increasing and oil output of the US has exceeded the demand, the business plan of Brian Reinsborough seems against the trend and even crazy.

Since the hydraulic fracturing method is widely used in unconventional oil and gas development, it has been highly controversial. But, the large number of opposition invoices does not seem to stop the promotion and application of this techn...

Whether in deep wells, shallow water well completion or onshore shale wells, the key problem to promote its further development currently are technology simplification and integration. Oil and gas production changes quickly. In less than 6 ...