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Drillers Hike Up Rig Activity Again as Crude Production Soars

Shale explorers boosted drilling activity in the U.S. oil patch to the highest in three years even as American crude output touched unprecedented …

How To Organize Your Life, Based On Your Myers-Briggs Type

It's no secret that some people are naturally organized while other people — like me — struggle to even open their mail. If you don't have that whole …

Gas Prices This Summer Are Expected to Hit a Four-Year High

Gas prices this summer are expected to be the most expensive since 2014, closing in on $3 per gallon, according to a new report from the Oil Price …

Oil hits $60 a barrel for the first time in 2.5 years

Oil prices spiked to their highest level in two and a half years after a pipeline exploded in Libya.<p>Libya's state-run National Oil Corporation said the explosion jeopardized output by up to 100,000 barrels a day. The cause of the blast was unclear, the agency said.<p>U.S. crude oil prices spiked up to …

Oil

Why Successful People Manage Their Energy Above All Else | Inc.com

There are only so many time management techniques we can exercise before we come to realize that they may all be failing us. Even Maura Thomas, an international productivity speaker writing for the <i>Harvard Business Review</i>, admits: "There are too many sticky notes, the paper lists are way too long, …

Time Management

U.S. to account for most world oil output growth over 10 years: IEA | Reuters

BONN, Germany (Reuters) - The United States is expected to account for more than 80 percent of global oil production growth in the next 10 years and it will produce 30 percent more gas than Russia by that time, he International Energy Agency (IEA) said on Thursday.<p>A maze of crude oil pipes and …

Oil

Pittsburgh Ranked 3rd Best City In America To Live

PITTSBURGH (KDKA) – Pittsburgh has been ranked as one of the best big cities to live.<p>WalletHub ranked 62 American cities based on 50 separate factors …

Why manners maketh managers

When I meet Eve Poole for tea at a London hotel, she is open and engaging, not to mention a picture of fine grooming. Perfectly attired in cream and …

The Trump administration may be one of the most oil-friendly in history

Trump has often stated that he thought the Obama sanctions on Russia was catastrophic for the U.S., resulting in only pushing Russia into an alliance with China, a fear that many noted policy experts have echoed. For Russian energy companies, it means the doors are cracking open again for …

Weekly U.S. Oil Rig Count: Largest Increase In The Rig Count In Almost Four Years

The largest increase in the rig count in almost four years.<p>Almost all of the rigs added were horizontal rigs.<p>A lot of activity in the Permian.<p>A lot …

Oil

U.S. shale oil and gas sector surges back to life: Kemp | Reuters

LONDON (Reuters) - The number of rigs drilling for oil and gas in the United States has recorded the largest one-week increase for over five years, confirming a rapid upturn is now underway.<p>Crude oil storage tanks are seen from above at the Cushing oil hub, in Cushing, Oklahoma, March 24, 2016. …

Oil

Back to Rockin' the Bakken: Jobs Returning to America's Oil Patch

With oil prices on the mend, and an incoming president who is no enemy to drilling, energy companies in the U.S. are hiring again.<p>In Williston, the North Dakota town that sits at the epicenter of the American shale boom, hiring activity has picked up in the first weeks of 2017. Shawn Wenko, …

Oil & Gas Industry

Big Oil back on the acquisition trail as outlook brightens | News Home | Reuters

LONDON (Reuters) - The world’s top oil companies are back in acquisition mode, targeting smaller exploration and development firms to boost oil and gas reserves rather than the mega-mergers that followed previous slumps in crude prices.<p>The logo of Down Jones Industrial Average stock market index …

Oil

New drilling technology will create an explosion of oil

It is up there in part because OPEC threw in the towel and agreed to production limits. Unfortunately for OPEC, those limits don't apply to US and Canadian shale producers. And the history of OPEC is that they all cheat like crazy, anyway.<p><b>There will be no end to oil production</b><p>I think it is entirely …

Trump, Tillerson Team Would Be A Huge Tailwind For Oilfield Services Companies

Many oilfield services companies would benefit from confirmation of Rex Tillerson.<p>Trump's commitment to tapping into the potential of U.S. fossil …

Oil

Oil Settles at 17-Month High

U.S. oil prices closed at a 17-month high on Friday in quiet trade ahead of the Christmas and New Year holiday week, even though the gain was small, as the market waits to see how OPEC manages its planned output cuts with Libya expecting to boost production.<p>Despite the 17-month high in U.S. …

Oil

How Frackers Beat OPEC

The surprising ingenuity of the U.S. shale-oil industry—and its global consequences<p>In November 2014, opec ministers gathered in Vienna for a tense meeting. Oil prices had fallen to their lowest point in four years. For decades, the cartel had responded to situations like this by restricting …

The 'Big 5' personality traits could predict who will and won't become a leader

But research suggests there are certain personality traits that make it a lot more <i>likely</i> that you'll ascend to a leadership position in your company, your government, or your school. One such piece of research is a 2002 review of studies by the psychologist Timothy A. Judge and colleagues.<p>Judge …

Every company is a technology company, but most don’t behave like one

S. Somasegar Contributor<p>S. Somasegar is managing director at Madrona Venture Group and the former head of Microsoft’s Developer Division.<p>More posts by this contributor:<p>Business models will drive the future of autonomous vehicles<br>• XR is a new way to consider the reality continuum<p>Daniel Li …

The Many Benefits of Being a Vulnerable, Transparent Leader

Being a vulnerable leader can leave you with a better reputation, and your employees with a greater sense of purpose.<p>Ask many leaders how they'd like to be perceived and they'll probably respond with words like "strong" and "unshakable." In recent years, though, business owners have begun to see …

Beware The Neglected Secret That Lies In The Permian Basin

Oil isn't the only thing laying in the Permian Basin.<p>The threat posed to some energy investors from ramping up Permian shale production.<p>Permian could …

Oil & Gas Industry

U.S. shale cowboys do the unthinkable and bring mighty Saudis to their knees

The oil war is pretty much over, and Saudi Arabia lost.<p>How did the world's most powerful oil producer, which set prices for decades by riding herd over the member states of the Organization of Petroleum Exporting Countries, get it so wrong?<p>In a word: shale. The Saudis underestimated not only the …

The U.S. Unleashes the Full Power of Shale

Sometime in 2017, for the first time in 60 years, the U.S. will likely sell more natural gas to the world than it buys. Next year, capacity to export …

Who’s better for the oil market: Clinton or Trump?

Figuring out which U.S. presidential candidate is the best choice for the oil market isn’t quite as easy as you might think.<p>With his goal to make the …

This Texas Unicorn Is Readying for a Rare Oil IPO

Double Eagle Energy Permian LLC is a unicorn roaming the barren landscape of West Texas.<p>Founded by a retired NFL player and his high school …

Implications Of U.S. Shale Producers Winning The Oil War

OPEC's alleged production cut is a declaration it has lost the oil war.<p>It isn't a move to support oil prices, it's the realization it can do nothing …

Oil

Why Consistency Matters for Your Business

<i>This piece originally appeared on AllBusiness.com.</i><p>When it comes to developing sustained business success, there’s one word that sticks out: …

Pittsburgh's thriving tech sector brings new life to post-industrial city

When Uber chose to test its robot-driven taxis in Pittsburgh, some may have wondered why the tech company had chosen America’s former capital of steel for its road test into the future. But for those in the know, Pennsylvania’s second city is well on its way to establishing itself as the Silicon …

Machine Learning

Which Factors Are Supporting Oil Prices At This Moment?

Oil prices reached its highest levels since 29th June 2016 as WTI and Brent rose to $49.97 and $52.09 respectively this Wednesday.<p>U.S crude oil …

Oil

GE Drones Are Coming to Squeeze More Savings From the Oil Patch

General Electric Co. has a solution for U.S. oil and natural gas explorers struggling to save more money after squeezing drilling costs by more than …

Oil & Gas Industry