Vallee Times Blog



Saudi’s First Quarter Report Suggests Sluggish Reform Efforts

Saudi’s First Quarter Report Suggests Sluggish Reform Efforts

Saudi Arabia’s ambitious plans to transition away from oil dependence by 2030 remain in a fledging state, according to the Saudi Ministry of Finance’s 2017 first quarter fiscal performance report released May 11.
Props to the nation for cutting its budget deficit by nearly 71% in...

Environmental Challenges and Strategies for Permian Basin Investments

Environmental Challenges and Strategies for Permian Basin Investments

Investments in the Permian basin have been growing steadily. ExxonMobil has invested $6 billion in land across New Mexico. Noble Energy has invested $3 billion around the Texas border.
The University of Texas, which manages 2.1 million acres of Permian Basin land, has seen a substantial...


3 Rising Trends Impacting Global Energy Investment

3 Rising Trends Impacting Global Energy Investment

Tectonic shifts across the global energy sector created by the U.S. Shale Revolution have placed energy investment decisions in the driver’s seat when it comes to the future of environmental sustainability and global security.
Finance and energy industry leaders assembled in Paris at...

Top Trends for Oil and Gas Outlook 2017: DIGITALIZATION

Top Trends for Oil and Gas Outlook 2017: DIGITALIZATION

International certification body DNV-LG recently published an annual forecast for our industry. Entitled, “SHORT-TERM AGILITY, LONG-TERM RESILIENCE - The outlook for the oil and gas industry in 2017,” the report is based on a survey of the world's top oil and gas...

Global Oil Investments to Exceed $30 Trillion by 2050

Global Oil Investments to Exceed $30 Trillion by 2050

As the world enters the unprecedented wake of the U.S. Shale Revolution, capital requirements for global oil and gas are projected to hit record highs. During this week’s First Annual Conference of the King Fahd University of Petroleum and Minerals Construction Industry in Dhahran, Saudi...


Petroleum Data Science Careers Dominating the Digital Oilfield

Petroleum Data Science Careers Dominating the Digital Oilfield

With the oil and gas industry in the midst of the Great Crew Change and low oil prices demanding increased operational efficiency, petroleum engineers who dabble in digital and tech-driven millennials interested in geology are in high demand. Remote pipeline maintenance, 3D digital reservoir...


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