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Oil and Gas

Oil barrels in front of a fluctuating financial chart
Pump Industry Insider
Aging Oil Fields Boost Demand for Artificial Lift Systems, Report Says
More than 90 percent of oil and gas fields require these systems for production.
Single-stage process pump
Pumps
Selecting the Right Pump for Oil & Gas Applications
Buyers should look at failure risk and examine system drawings.
Saudi Aramco’s market value down $200M after escalating tensions
Pump Industry Insider
Mideast Turmoil Hits Saudi Aramco
Company’s market value down $200M after escalating tensions between U.S. and Iran.
Pump Industry Insider
More Wells Must Be Drilled to Maintain Production
Outlook expects U.S. production growth to flatten by 2021.
Experts: U.S. Oil Production Heading for a ‘Major Slowdown’ - photo from Max Pixel
Pump Industry Insider
Experts: U.S. Oil Production Heading for a ‘Major Slowdown’
Shale production expected to enter a “new era of moderation” in growth.

Are Proposed Bans on Fracking Realistic?
Pump Industry Insider
Are Proposed Bans on Fracking Realistic?
How the U.S. and global economy would be affected by these proposals.
Saudi Attacks Had Little Effect on U.S. Shale Production
Pump Industry Insider
Saudi Attacks Had Little Effect on U.S. Shale Production
Research firm predicts the initial 15 percent jump in oil price will not have a long-term impact.
Global Oil & Gas Market Growing with Population
Instrumentation/Controls
Global Oil & Gas Market Growing with Population
IIoT allows industry to remain safe and environmentally friendly while remaining profitable.
Pumps
Infrastructure Investments Expected to Fuel Global Pumps Market
Demand from Asia-Pacific, Latin American and MEA driving increased worldwide production rate, pumps market report shows.
Seventy percent of China’s oil demand is met by imports.
Resources
The Success of China’s Crude Oil Futures
Seventy percent of China’s oil demand is met by imports.
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