The Top Three Oil-Producing States in the U.S.
Oil well and storage tanks in the Texas Panhandle. The United States produces approximately 17 million barrels of oil on a daily basis. The bulk of oil and gas production is...
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What is Crude Oil, and How Does it Affect the Prices of Gasoline?
About half of the price of every gallon of gas over the last decade has been determined by crude oil prices. The average price of one gallon of gasoline as of...
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Upstream, Midstream, and Downstream in Oil and Gas Operations
In terms of dollar value, the oil and gas industry is one of the biggest sectors on a global scale. Needless to say, oil is essential to the world’s economic framework, most...
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The people of Oklahoma Oil & Natural Gas provide significant funding for state non-profits
OKLAHOMA CITY, Feb. 10, 2021 /PRNewswire/ -- Oklahoma's non-profit organizations are giving a big thank you to the people of Oklahoma Oil & Natural Gas. Despite the downturn, organizations, companies and...
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Aramco discovers two new oil and gas fields in northern Saudi Arabia
Saudi Aramco discovered two oil and gas fields in northern parts of Saudi Arabia, the kingdom’s official news agency reported, citing Energy Minister Prince Abdulaziz bin Salman. Gas has started flowing...
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PETRONAS Leads 5G Technology Test Aimed To Strengthen Local Oil And Gas
PETRONAS aims to leverage the fifth generation (5G) technology to elevate the national oil and gas industry through automation and digital transformation. It is now in the midst of running...
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Fast Facts: The U.S. Oil and Gas Industry
The oil and gas industry is one of the most profitable and flourishing industries in America. In fact, this industry supports about 8% of the country’s Gross Domestic Product and supports around...
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Oil and Gas Investment Opportunities: Direct Participation Programs
Advancements in technology have allowed energy companies to discover developed and proven oil fields more efficiently. The energy industry shows high returns owing to the continuous increase in demand; and as...
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Top Reasons to Invest in Oil & Gas Projects
Investing in oil and gas holds great benefits – ranging from tax savings to high profitability. The demand for oil and gas doesn’t seem to be going down anytime in the...
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Oil price jumps on Russian and Saudi plans
Oil price jumps on Russian and Saudi plans The price of oil jumped after Russia and Saudi Arabia agreed to discuss ways to stabilise the oil market. The announcement was made by...
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