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Category: Chemical


Chemical, Commercialization, Conventional Fuels

Why Big Oil Is Helpless To Prevent A Supply Crunch

July 16, 2018

Via: Forbes

With OPEC’s supply cut agreement effectively dead, and Saudi Arabia and Russia racing to hike production, the oil market has clarity on a critical component of global supply. Under pressure from President Donald Trump, Saudi Arabia is preparing to max […]


Chemical, Conventional Fuels

Opec and IEA diverge on world’s capacity cushion

July 13, 2018

Via: Petroleum Economist

As trade tensions and disruptions ripple through the market, Opec and the IEA disagree on the risks to supply Global energy bodies parted ways this week on the expected impact of oil capacity risks caused by sanctions and production outages […]


Chemical, Conventional Fuels

Oil’s New Technology Spells End of Boom for Roughnecks

July 10, 2018

Via: WSJ Business

After 20 years in the oil-and-gas industry, Eric Neece was used to its booms and busts. He wasn’t surprised when he was laid off by GE Oil & Gas in Conroe, Texas, in 2015 after oil prices plummeted. He figured […]


Chemical, Conventional Fuels

Our Energy Dependence Lessens, But Global Impact Is Limited

July 6, 2018

Via: Forbes

In January 1977, the awful day arrived. U.S. petroleum imports passed the magical 50% mark. Yet somehow the world failed to end. Now, with U.S. net imports comprising only 20% of our usage (including NGLs), the supposed energy dominance of […]


Chemical, Conventional Fuels

Oil And Gas Suffers Skills Shortage As They Drill For Data

June 29, 2018

Via: Forbes

Our world has become incredibly connected and that is affecting many industries and the way they share information. The Internet of Things (IoT) plays a pivotal role in this as the devices involved gather important data and provide actionable information […]


Chemical, Conventional Fuels

Oil Industry Tries to Take the Fracking Boom Global

June 19, 2018

Via: WSJ Business

A BP PLC project deep in Oman’s desert shows how big oil companies are taking hydraulic-fracturing techniques perfected in Texas to the global stage, where they had long struggled. BP’s $12 billion Khazzan project launched last year on a complex […]


Chemical, Conventional Fuels, News and Policies, World

World Sets New Oil Production Record

June 14, 2018

Via: Forbes

This week the 2018 BP Statistical Review of World Energy was released, which covers energy data through 2017. It is the definitive source for global energy production and consumption figures, and a primary source of data for numerous companies, government […]


Chemical, Conventional Fuels

A Costly, Deadly Obsession With Coal

June 6, 2018

Via: WSJ Business

President Donald Trump’s efforts to revive coal mining have been criticized as picking winners. Actually, it’s more like picking losers: coal has become a sunset industry as cleaner energy sources rapidly get cheaper. If Mr. Trump succeeds at reversing the […]


Chemical, Conventional Fuels

How Silicon Valley Is Helping BP Bring A.I. To The Oil Patch

May 8, 2018

Via: Forbes

BP’s global operations emit the equivalent of 50.5 million tons of carbon dioxide per year. That’s down from 54.1 million four years ago, and by 2025 the aim is for 3.5 million more tons of “permanent, quantifiable greenhouse gas reductions.” […]


Chemical, Conventional Fuels

Commentary: Quality vs Quantity – Are global refiners ready for US shale exports?

May 7, 2018

Via: International Energy Agency

The growth of oil production from the United States has led to fundamental changes in global oil markets in recent years. Thanks to the shale revolution, the United States is becoming the world’s top oil producer. Growth is led by […]


Chemical, Conventional Fuels, News and Policies, U.S.

US Coal Exports Rose 61% In 2017, Recovering From Drops In Previous Years

April 26, 2018

Via: CleanTechnica

US coal exports rose by 61% in 2017 (by a total of 36.7 million short tons), largely on the back of increased shipments to Asia and steady shipments to Europe, going by the most recent figures released by the EIA. […]


Chemical, Conventional Fuels

US tight oil production moves up a gear

April 23, 2018

Via: Petroleum Economist

The Permian is leading America’s surging crude production, but there are warning signs in the data The wave of new American tight oil supply hitting the market continues to gather pace. Shale producers are expected to add another 125,000 barrels […]


Chemical, Conventional Fuels, News and Policies, U.S.

Record U.S. Natural Gas Production: The Good News And Bad News

April 12, 2018

Via: Forbes

The U.S. Energy Information Administration (EIA) has good news and bad news for us this week where domestic natural gas is concerned: The good news is that the oil and gas industry will set a new record for natural gas […]


Chemical, Conventional Fuels

The Oil And Gas Situation – Remarkably Strong And Stable, For Now

April 2, 2018

Via: Forbes

As we move into the second quarter of 2018, the situation for the oil and gas industry – especially for oil – is as bullish as at any time since 2013. Here are some of the major elements that are […]


Chemical, Conventional Fuels

Does The US Really Need More Oil?

March 21, 2018

Via: Forbes

US oil production is set to hit a record 11 million barrels a day by 2019, according to latest figures by the Energy Information Administration (EIA). Meanwhile permits are being issued for further exploration in national parks and pressure is […]