Tag: sales
Energen sells San Juan Basin assets, focuses solely on Permian Basin
In core Midland Basin, Energen has 68,500 net acres with 2,546 net identified locations in 7 horizontal formations BIRMINGHAM – Energen Corporation says it has closed purchase and sale agreements (PSAs) for its non-core Delaware Basin and San Juan Basin assets, and in the future will be drilling only in the Permian Basin. Including all sales transactions […]
Self driving vehicle sales set to reach 21 Million globally by 2035, IHS Says
The US will lead the world in initial deployment and early adoption of autonomous vehicles The latest forecast from IHS Automotive calls for sales of nearly 21 million autonomous vehicles by 2035. It’s a substantial increase from previous estimates, influenced by recent research and development by automotive OEMs, supplier and technology companies who are investing […]
Electric vehicle incentives effective for driving sales growth – study
Analysis focuses on the leading PEV markets: North America, Europe, and select Asia Pacific countries, including China, Japan, and South Korea BOULDER, Colo.- A new report from Navigant Research examines global demand-side polices for plug-in electric vehicles (PEVs), analyzing trends in historic sales and market conditions, with details on incentives affecting vehicle purchase price, registration […]
Oilfield customers will love your marketing stories, videos
Video is such an important part of marketing today – and every American Energy News marketing story includes a custom-produced 2-minute video We’re story tellers – it’s our trade, our craft, and we’re pretty good at telling our advertisers’ stories to an oilfield audience. If you’re a service company selling to an oil company, let […]
Total electricity sales fell in 2015 for 5th time in past 8 years
Electricity sales to industry decreased at an annual average rate of 0.7% over 2000–2015 Total electricity sales in 2015 fell 1.1 per cent from the previous year, marking the fifth time in the past eight years that electricity sales have fallen. The flattening of total electricity sales reflects declining sales in the industrial sector and […]
Oil and gas drives $27 Billion global market (by 2020) for centrifugal pumps
Demand for centrifugal pumps in Americas is dominated by oil and gas industry (expected to exceed $5 billion by 2020) The global market for centrifugal pumps is growing rapidly and one of the key drivers will be a rejuvenated oil and gas sector, according to a new report from Technavio, which forecasts the industry to grow […]
Midland, Texas-based advertising sales person wanted for energy news site
North American Energy News is ready to grab another gear, maybe two. We spent the past year developing a readership of 30,000 to 50,000/month of professional oil and gas readers, most of them in Texas Permian Basin and Midland area. And we’ve developed a great premium advertising product. You can check out examples of Midland-based […]
Global auto sales could reach 90 million in 2016 – IHS
Low gasoline prices, interest rates led to strong 2015 American light vehicle sales of 17.5 million According to analysts at IHS, 2015 was characterized as a good year in the mature car markets, though it was largely offset by a very poor year for many of the world’s emerging markets. The net result is estimated to […]
WPX sells San Juan gathering system to focus on Permian Basin
Sales part of WPX deleveraging plan following acquisition of Permian Basin properties in August TULSA, Okla. – WPX Energy says it is selling its San Juan Basin gathering system for approximately $309 million to a portfolio company of ISQ Global Infrastructure Fund, a fund managed by I Squared Capital. WPX is receiving $285 million cash subject […]
Sales of natural gas vehicles expected to exceed 35 Million from 2015 to 2025
The majority of natural gas vehicles will run on compressed natural gas, report finds Compressed natural gas vehicles are stuck in the classic chicken and egg dilemma: Transportation companies won’t buy CNG trucks without more refueling stations, but a much higher population of CNG trucks is required to justify investing in the refueling stations. Despite this […]
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