Oil & Gas Journal ReEnterprised

ICYMI: California rethinks refining oversight measures

In this ICYMI episode of the Oil & Gas Journal ReEnterprised podcast, Robert Brelsford, Downstream Editor, dives deeper into the state of California’s recent decision to walk back more aggressive policies governing in-state refiners and what the move potentially could mean in the future for other US states with refineries.

Market Focus: Geopolitics, price volatility shape the path of LNG

In this Market Focus episode of the Oil & Gas Journal ReEnterprised podcast, Conglin Xu, Managing Editor - Economics, asks Dr. Robert Brooks about his outlook on global LNG markets and the forces shaping prices in the near and long term. Dr. Brooks is CEO and founder of RBAC, a provider of global and regional gas and LNG market simulation systems. 
Brooks highlights how storage levels, new supply projects, and shifting demand across key regions could influence market dynamics well into the next decade.
The conversation explores the geopolitical weight of Russia-China gas agreements and how these moves may ripple through the global energy system. 
The discussion includes a look at how importers are balancing short-term and long-term LNG strategies in a volatile market. From Europe’s uncertainties to Asia’s energy security priorities, the discussion outlines tensions shaping contracting decisions—and what an expected wave of new LNG supply might mean for emerging economies.

Insights: Permian produced water needs someplace new to go - a discussion with Laura Capper (Part II)

In this second part of a two-part Insights episode of the Oil & Gas Journal ReEnterprised podcast, Alex Procyk, upstream editor, continues his discussion with Laura Capper about about opportunities and challenges related to produced water in the Permian basin. 
Procyk and Capper discuss Permian produced water cleanup standards, projects, and goals. 
Capper is chief executive officer of EnergyMakers Advisory Group and CAP Resources. Capper holds a BS (1983) in electrical engineering with a minor in bioengineering and computer science from Rice University, Houston. She is active with the Produced Water Society and the New Mexico Produced Water Recycling Consortium. 
References
In this episode, Procyk refers to previous podcast episodes. You can find them listed here:
Insights: Produced water in the Permian basin (Part I)
Insights: Produced water in the Permian basin (Part II)
Insights: Permian produced water needs someplace new to go - a discussion with Laura Capper (Part I)

Insights: Permian produced water needs someplace new to go - a discussion with Laura Capper (Part I)

In this first part of a two-part Insights episode of the Oil & Gas Journal ReEnterprised podcast, Alex Procyk, upstream editor, talks about opportunities and challenges related to produced water in the Permian basin. 
Joining Procyk is Laura Capper, chief executive officer of EnergyMakers Advisory Group and CAP Resources. Capper holds a BS (1983) in electrical engineering with a minor in bioengineering and computer science from Rice University, Houston. She is active with the Produced Water Society and the New Mexico Produced Water Recycling Consortium. 
Together, Procyk and Capper discuss Permian produced water disposal challenges, new permitting guidelines, and beneficial reuse options.

Then & Now: The evolution of oil and gas and the voice that’s been there all along

Introducing Then & Now, a new series in the Oil & Gas Journal ReEnterprised podcast lineup. In these episodes, Oil & Gas Journal editors and guests will discuss the many ways in which the oil and gas industry has transformed.
In this episode, Laura Bell-Hammer, Statistics Editor, takes listeners on a journey through the dramatic changes undergone by the industry—from early wildcat drilling and gut instincts to today’s data-driven exploration, automated drilling, and predictive production.
Bell-Hammer reflects on the legacy of the Journally Speaking column and Oil & Gas Journal, which has documented the industry’s milestones for over 120 years. Blending history, technology, and industry insight, the episode shows how far we’ve come, where we’re headed, and why trusted resources remain essential for the next generation of energy professionals.

ICYMI: Chevron closes Hess deal, what's next for 2025 upstream M&A?

In this ICYMI episode of the Oil & Gas Journal ReEnterprised podcast, Mikaila Adams, Managing Editor - News, recaps the long-delayed-but-now-closed deal between Chevron Corp. and Hess Corp. and highlight details from a new report on global upstream merger and acquisition activity from Rystad Energy—including potential deals to look out for this year.
References
Arbitrator rules in favor of Chevron, Hess in Guyana dispute with ExxonMobil (OGJ Online, July 18, 2025)
Global M&A activity slows amid rising valuations and fewer deals, Rystad Energy report
Civitas cuts back on capex, launches $100 million savings push (OGJ Online, May 9, 2025)
Canadian Natural Resources to acquire certain Alberta assets from Chevron for $6.5 billion (OGJ Online, Oct. 7, 2024)

Market Focus: Risks remain high - a midyear look at the global oil market

In this Market Focus episode of the Oil & Gas Journal ReEnterprised podcast, Conglin Xu, Managing Editor, Economics, takes a midyear look at the global oil market, noting developments thus far with a look at what may lie ahead. 
Global crude inventory has been building steadily year-to-date. In an apparent oversupply, price action has a followed the fundamentals.
Market sentiment has been shaped by three major forces: escalating macroeconomic uncertainties surrounding the US and China, OPEC+'s evolving production strategy, and political risks amid military conflicts in the Middle East. 
In short, we are in a market where risks remain high. Barring unexpected disruption or major policy reversal, oil price momentum could continue to drift sideways through this year's third quarter. 

Insights: AI and the Great Crew Change – what are we up against? (Part II)

In this second part of a two-part Insights episode of the Oil & Gas Journal ReEnterprised podcast, Alex Procyk, upstream editor, continues his discussion on artificial intelligence (AI) and the idea of "The Great Crew Change," with an emphasis on new-hire training, manager turnover, and Society of Petroleum Engineers (SPE) article quality.
Did you miss the June 10 Part I episode where Procyk talked new hire competence, training, and statistical-based oilfield engineering? Listen in here! 

Insights: AI and the Great Crew Change – what are we up against? (Part I)

In this first part of a two-part Insights episode of the Oil & Gas Journal ReEnterprised podcast, Alex Procyk, upstream editor, discusses new hire competence, training, and statistical-based oilfield engineering, all with an eye toward AI. 
Show notes
In this episode, Procyk mentions a 2022 article that appeared in the February 7, 2022, print edition of Oil & Gas Journal discussing the Liza development in Stabroek block offshore Guyana.
Liza development integrates multiple disciplines

ICYMI: Clarity on California refining

In this ICYMI episode of the Oil & Gas Journal ReEnterprised podcast, Robert Brelsford, Downstream Editor, recaps details of Valero’s recent decision to shutter its refinery in Benicia, Calif., and the increased discussion it’s spurred regarding what some are calling California’s anti-industry energy policies. 
Read OGJ's coverage of Valero's warning to the government of California for more detailed information. 
While the planned refinery closure won’t be a first for net zero-focused state, it has triggered more aggressive attacks on California leadership and legislation.
This is a first of future ReEnterprised episodes that will take a closer look at California’s refining sector and the laws and regulations that govern it.