Monthly Archives: April 2017

OPEC Over-Delivers On Oil Cuts, But Sees Rivals’ Output Rising

LONDON, April 12 (Reuters) – OPEC cut oil output in March by more than pledged under a supply reduction deal and said oil inventories had fallen in February, suggesting that its effort to clear a supply glut that has weighed on world oil prices is succeeding. But the Organization of the Petroleum Exporting Countries also… Read more »

Forgotten Gen Xers: What Motivates the ‘Sandwich Generation’

Need a break from all the attention that Millennials get? If so, there’s another cohort that could use some love: Generation Xers. “Gen Xers” were born from the mid-1960s through the 1970s. They make up the second-largest share of the U.S. workforce and command the third-largest segment of the country’s population. Moreover, they are helping to effect a major… Read more »

BLOG: Where Do Oil, Gas Professionals Want to Work?

North America, the Middle East and Europe are the top three regions where oil and gas professionals would like to work, according to the first Global Energy Talent Index (GETI). Andreas Exarheas Associate Editor, Rigzone The survey revealed that 22 percent of voters said North America was their top location, compared to 22 percent for… Read more »

Qatar to Drill in Biggest Gas Field After 12-Year Freeze

(Bloomberg) — Qatar Petroleum plans to start a new development in the offshore North Field, ending a 12-year ban on new projects that allowed the company to assess how its current rate of extraction affects the giant reservoir it shares with Iran. The patch, in the southern section of the field, will have a capacity… Read more »