Liquids Production

Energy News Roundup: Halliburton-Baker Hughes $34.6B Deal Struck, US Oil Output Soars & BrightSource China CSP

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Rio Hosts Annual Oil And Gas Conference

News broke late last week the world’s second and third largest oil field services providers Halliburton and Baker Hughes were in merger negotiations. The combined company would more effectively compete with Schlumberger, the world’s largest oilfield service company. The deal briefly went hostile when it was reported over the weekend that Halliburton would make a… Keep reading →

 /  Published November 17, 2014 at 9:52 AM

Peak Oil is Real and the Majors Face Challenging Times

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Surging Oil Industry Brings Opportunity To Rural California

The idea that global oil production was nearing its peak, only to plateau and then decline was a common view in the energy world for many years. The geophysicist M. King Hubbert predicted in the 1950’s that US oil production would peak in the 1970’s, a forecast that held true until technology allowed companies to… Keep reading →

 /  Published February 18, 2014 at 9:32 AM