It hasn’t been the greatest time to be a player in the oil markets, as excess supply and other regional and global factors have created greater than normal instability. Both Brent and WTI prices have fluctuated considerably throughout the year, though prices have generally remained far lower than in years past. With a turbulent 2016…
It’s no secret that many of the world’s largest economies rely heavily on oil. In little more than a century, petroleum and its various byproducts have risen from humble roots as an intriguing oddity to a behemoth of a commodity that has infiltrated virtually every aspect of daily life. While its uses are many, the…
The oil market has seen its share of volatility over the past several weeks, as uncertainty continues over the looming OPEC meeting on November 30. The meeting, set to take place in Vienna, is widely viewed as a critical step in reviving flagging oil prices and reassuring wavering traders. In the face of lingering questions…
Today professionals in the oil and gas industry often find their business proposals sparking intense debates within Native American tribes. Although tribal governments may welcome the additional revenues and jobs productive wells and pipelines bring, many Native Americans harbor lingering concerns about permanent impacts upon pristine landscapes. Those concerns are only bolstered by environmental groups…
The oil industry is essential to global energy production, supplying fuel to a number of industries including refineries and power plants. However, transporting crude oil from extraction sites to refineries, storage facilities, and ports presents logistical and environmental challenges. This guide explores the oil and gas transportation market, highlighting key methods—pipelines, rail, tankers, and trucks—and…
In the rolling, muted prairies that surround the town of Williston, North Dakota, the signs of decline are impossible to miss. Cranes, dozers and all manner of heavy machinery sit idle. Massive oil rigs stand all but abandoned, looming over the landscape like towering memorials to a bygone age. In town, businesses that sprang up…
A multitude of boom towns litters the landscape of Texas, tracing the rising and falling fortunes of the ranching and oil industries upon which so much of the state was built. Nowhere is this more apparent than in the vast Permian Basin, a geological feature that encompasses much of West Texas and contains the second-largest…
Optimism in the Bakken Dickinson N. D. A great hometown welcome from the business community of Dickinson N. D. was extended to exhibitors and patrons for the 2015 Bakken Oil Products and Service Show this year. Despite the declining oil prices, many successful Bakken companies came to present the latest in oilfield technology and services.…
The 2014 Ohio Oil & Gas Association Oilfield Expo was held at the IX Center in Cleveland, OH on December 3rd & 4th. Overall attendance was down to just under 1,000 attendees per the OOGA but Integrity Factoring was still able to have a very successful show. Most companies were very upset with the turnout…
Grand View, ID – December 1st, 2014 – Integrity Factoring & Consulting, Inc., one of the leading providers of factoring services in the oilfield service industry, announces the expansion of its presence into the Texas & New Mexico oilfields. The newest addition to the Integrity Oilfield Factoring team is Sarah Stredic, who is a native…
