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 refineries, power plants, and industries. However, transporting crude oil from extraction sites to refineries, storage facilities, and ports presents logistical and environmental challenges. This guide examines the primary transportation methods—pipelines, rail, tankers, and trucks—along with their benefits, risks, and environmental impact. Rail Transport:…
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.…
Grand View, ID – November 17th, 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 Oklahoma & Texas oilfields. The newest addition to the Integrity Oilfield Factoring team is George Alexander, who is a native to…
Grand View, ID – September 22nd, 2014 – Integrity Factoring & Consulting, Inc., one of the leading providers of factoring services in the oilfield service industry & gas-field service industry, announces the expansion of its presence into the Devanian (Ohio), Marcellus & Utica oil & gas fields. The newest addition to the Integrity Oilfield Factoring…
