Articles by tag: Oil and Gas
As we cross the halfway mark of 2023, stakeholders in the energy sector are grappling with the changing landscapes of oil, gas, and renewable resources. A volatile year of varying energy prices has underlined the critical need for analysis and prediction. With a stark 41 percent decrease in the price of natural gas and […]
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Experts Hope New Oil Auctions Signal “Striking a Balance” in U.S. Oil Production
The U.S. auctioned off its first oil and gas drilling rights on federal lands since the passing of the Inflation Reduction Act, spanning over 10,000 acres across New Mexico and Kansas. This marks the second federal lease auction in New Mexico in over two years. Now that the U.S. oil auction drought is over, should […]
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2022 Gas Costs More than Doubled the Average Cost in 2020. Prices Have Dropped but are Still High in 2023…Why?
Last year, eyes were popping as the price per gallon of gas passed the five-dollar mark in most places. This is more than double the average gas cost per gallon in 2020, which was $2.17 per gallon, according to the U.S. Energy Administration. While prices are down from that five-dollar mark now, they have […]
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How the Oil and Gas Industry are Increasing ESG Compliance
To align with a national push towards more sustainable operations, the oil and gas industry are focused on increasing ESG compliance. What can these companies do to alter their operations, and what impact will these changes have on their environmental footprint? VP of Business Development at Pioneer Energy, Joseph Palaia gives his insight. Joseph’s Thoughts: “I wanted […]
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The Consequences Of Rising Inflation & Crude Oil Prices
How have rising inflation and interest rates impacted the WTI crude oil market? Opportune’s Commodity Risk Advisory Director, Ryan Dusek sits down with E2Bs Daniel J. Litwin to cover the situation and discuss his recent article, The Feds Fight Against Inflation: Is WTI Crude Oil Recession Proof?
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Survey Says! Banks Could Give E&Ps New Lease On Life
How are energy prices impacting the banking and capital ecosystem in the oil and gas industry? With so much volatility and uncertainty in today’s market, oil and gas producers need information they can trust, which is where Haynes and Boone LLP, an international law firm that provides services for more than 40 significant legal […]
E2B: Energy to Business
Defense In-Depth: Cybersecurity For Energy
Despite ongoing threats and a massive wake-up call in 2021, the oil and gas industry doesn’t appear to be ready for the increasingly dangerous cybersecurity threats present in the world. The Colonial Pipeline ransom attack in June 2021 cost the company $5 million in ransom, created supply chain shortages, and fueled price hikes while causing […]
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AMRestore Document Restoration Process
How does advanced document recovery technology safeguard valuable business documents from severe damage, especially in emergencies involving water? Polygon’s AMRestore document restoration process provides residential and commercial content restoration, cleaning, and moving. Larry Waltemire, the Business Unit Manager of East Region at Polygon, highlights the critical stages and technological advancements in document preservation at […]
Motor Fuels Tax Minute, Episode 43: Biofuel Feedstock
In this week’s episode of Motor Fuels Tax Minute, our hosts discuss non-tax specific permits for biofuel feedstocks. For information or assistance, contact us. We are here to help. ©2024 Detailed Description of Weaver’s Motor Fuels Tax Minute, Episode 43 00:00:00 Emilda: Welcome to Weaver’s Motor Fuels Tax Minute, the vlog where we talk all […]
An Aging U.S. Workforce Could Be A Fruitful Operational Shift for Businesses
In a workforce landscape being shaped by inflation, supply chain evolution, geopolitical tide shifts, and rising next-gen technology, businesses are increasingly recognizing the value of integrating older, experienced workers into their labor strategies. The allure lies not only in the seasoned skills these workers bring but also in their financial independence, which often allows […]
Telecom Project Success in Healthcare Usually Comes Down to Working with the Right Decision Maker
In the rapidly evolving landscape of healthcare technology, telecommunications plays a crucial role. As healthcare providers increasingly rely on digital solutions—from telemedicine to electronic health records—telecom companies are finding new opportunities and challenges in this sector. Successfully implementing telecom projects in healthcare requires a nuanced understanding of the industry’s legacy communications infrastructure, unique demands […]
How Rising Gas Prices are Fueling Remote Work
COVID-19 necessitated one of the largest shifts in the nature of work that we had seen in decades. Overnight, businesses went from operating primarily out of central office locations to working remotely. Concerns about the health and well-being of employees drove this decision from business leaders. However, as the effects of the pandemic have waned, […]
Biden Bans Imports of Russian Oil. What is the Business Impact?
President Biden announced Tuesday morning that the United States was banning oil imports from Russia. This comes after Ukrainian President Volodymyr Zelenskyy called on U.S. lawmakers for assistance over the weekend. The ban on Russian oil is broadly popular on both sides of the aisle in Congress, as well as with the American people. According […]
Bringing Clarity To SMOG Reporting
Dave Loucks, Principal with Opportune LLP’s Complex Financial Reporting practice based in Denver, joined E2B host Daniel Litwin to discuss what the Standardized Measure of Oil and Gas (SMOG) is and why its reports and calculations are essential to the oil and gas industry. SMOG reporting provides a comparable measure of the value of […]
E2B: Energy to Business: Moving Energy Forward: Putting Learning to Work
On this episode of E2B Energy to Business, an Opportune Podcast, three of Opportune’s recent new hires from our corporate finance division share their insights on seeking a career in the energy industry. The finance team focuses on helping corporations deal with funding sources, capital structuring, and investment decisions. The goal of today’s conversation is […]
What is In Store for the Future of Energy?
The Energy Exchange explores the complex and critical intersection of energy, money and technology. Experts will use their insights and forecasts to outline what energy is available to us, the costs associated with that energy production and its use, and the technological innovations changing the way we utilize Earth’s resources to power our way of life. […]
Where Are the Untapped Energy Resources on Your Property?
Craig Kaiser is the President and Co-founder of LandGate, a data solutions and marketplace provider for land resources. “Why is it important for people to understand the value of the potential energy resources on their property? There’s people that want those resources. We live in a very energy-intensive world, and that energy has to come […]
The Colonial Pipeline Cyberattack is a Study on Material Price Fluctuation
The recent successful cyberattack on the Colonial Pipeline sent a shockwave throughout the oil and gas industry beyond in the United States, and it’s not serving as a unique case study in how the sector impacts the entirety of the supply chain and many corners of society. To diagnose the attack’s impact and help break […]
How to Fuel the Next Generation
The energy industry is undergoing a major transformation, known as the Great Crew Change, an industry-wide gap in middle-level managers stemming from the oil bust of the 1980s and, more recently, from the 2014 downturn. Older workers are retiring, and younger workers must decide whether to take their place. As Baby Boomers age and head […]
How Are Energy Projects Scaling Up as Renewables Get Cheaper?
Energy Innovation recently released a report confirming something some have begun to suspect – fossil fuels could be sunsetting faster than anticipated. The report found that initial conclusions that proposed 75% of coal plants would no longer be economically advantageous by 2025 could actually have been conservative. Now, it appears that wind and solar could […]
