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Tag: oil prices


Energy, Industry Focus Areas

Saudi Aramco Slows Diversification Plans Amid Industry Downturn

September 2, 2020

Via: The Wall Street Journal

DUBAI—Saudi Arabia’s state oil giant is reviewing plans to expand at home and abroad in the face of sharply lower oil prices and a heavy dividend burden it assumed as part of its recent initial public offering, according to people […]


Energy, Industry Focus Areas

Texas Oil Port Hit by One-Two Punch: Falling Demand and Overproduction

April 28, 2020

Via: The New York Times

CORPUS CHRISTI, Texas — Ever since this Gulf Coast city’s leaders helped persuade the Obama administration and Congress to lift the export ban on liquid fossil fuels in 2015, the Port of Corpus Christi has been a steady tide of […]


Logistics, Process

Exxon in ‘Bull’s-Eye’ as Worst Year Since Reagan Limps to Close

December 26, 2018

Via: Industry Week

Things haven’t been this bad for the world’s biggest oil stock since Ronald Reagan became president. But brace yourself, 2019 may not be much better. Exxon Mobil Corp., (IW 500/1) down about 20% for the year, is headed for its […]


Energy, Industry Focus Areas, Process, Quality Control

Workovers & Well Intervention

May 21, 2018

Via: Penn Energy

The long-term affects of the prolonged trough in oil prices are yet to be established. But there are certain trends that have emerged as a response to the changed financial climate that look set to remain with us when prices […]