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Category: Chemical


Chemical, Conventional Fuels

New digitised inspection process for oil and gas industry launched

May 17, 2019

Via: Energy Global

Created by Arup, the global engineering and consultancy firm, the inspection technology – the first of its kind – digitises the entire inspection workflow by leveraging automation, overhauling the current paper-based and outdated manual process. EnerMech’s specialist inspection division MInteg […]


Chemical, Conventional Fuels, Domestic, Energy Consumption

3 Things To Know About The U.S. Oil And Natural Gas Industry

May 15, 2019

Via: Forbes

Obviously, there’s a lot more than just three, but let me hit on the triad of pillars. Producing at All-Time Records The U.S. shale revolution that started in 2008 has not just transformed our domestic energy outlook but also energy […]


Chemical, Conventional Fuels

Chevron walks away from Anadarko Petroleum deal, will collect $1 billion breakup fee

May 9, 2019

Via: CNBC energy

Chevron said Thursday it will not submit a new offer to acquire Anadarko Petroleum, walking away from the deal after Occidental Petroleum pulled ahead in a battle to take control of the driller with prized assets in the top U.S. […]


Chemical, Conventional Fuels

Renewable Energy Group, Broco Oil enter biodiesel partnership

May 7, 2019

Via: Energy Collective

Biodiesel producer Renewable Energy Group (REG) has entered a partnership with Broco Oil Company to provide clean fuel options to heating oil dealers in the northeast of the US. Under the partnership, the two companies will collaborate on a biodiesel […]


Chemical, Conventional Fuels

Fuel station software vulnerable to hacking

May 6, 2019

Via: PetrolPlaza

The Cybersecurity and Infrastructure Security Agency (CISA) gave the Orpak SiteOmat software a vulnerability severity rating of 9.8 out of 10. CISA revealed that this app has several security vulnerabilities which require “low skill” to exploit, reports PYMNTS. Some of […]


Chemical, Conventional Fuels

Investors Demand Oil, Gas Firms Adopt Climate Targets, But They Must Also Apply Them To Their Funds

April 29, 2019

Via: Forbes

Oil companies face an existential threat unless they adopt business models that support the Agreement’s targets on climate change, according to investors with $10 trillion of assets under management. Yet many of those same investors are failing to practice what […]


Chemical, Conventional Fuels, News and Policies, World

OPEC’s oil production plunges to four-year low in March as Saudis slash output

April 10, 2019

Via: CNBC energy

Oil supplies from OPEC sank by half a million barrels a day in March, hitting a four-year low, as Saudi Arabia continued to slash output and Venezuela’s production plunged amid ongoing economic crisis. The monthly production decline amounts to roughly […]


Chemical, Conventional Fuels

The Permian Basin Is Now The World’s Top Oil Producer

April 5, 2019

Via: Forbes

Last week Saudi Aramco — the national oil company of Saudi Arabia and the world’s largest oil company — lifted a veil of secrecy around the company’s operations. For the first time in decades, operational details for Saudi Aramco were […]


Chemical, Conventional Fuels, News and Policies, World

Canada’s Natural Gas Industry Really Needs LNG

April 5, 2019

Via: Forbes

In this booming age of natural gas, high-resourced Canada has seen flat production and demand over the past decade This is a bit surprising since Canada enjoys many of the same advantages that the U.S. shale revolution does (U.S. gas […]


Chemical, Conventional Fuels

For First Time, IEA Quantifies Coal’s Dominant Role in Global Temperature Increase

April 4, 2019

Via: Power Magazine

Coal combustion was responsible for more than 0.3 degrees C of the 1-degree C surge in global average annual surface temperatures above pre-industrial levels—and that makes coal the single largest source of the global temperature increase, the International Energy Agency […]


Chemical, Conventional Fuels

China urges LNG industry to deepen collaboration

April 2, 2019

Via: Petroleum Economist

LNG’s potential to become Asia’s dominant fuel, as the region transitions away from coal to cleaner energy, will only be realised if the industry can work together to lower costs and overhaul trading conditions, senior Chinese energy officials said at […]


Chemical, Conventional Fuels

Potential For Risk And Reward For U.S. LNG Exporters

March 27, 2019

Via: Forbes

As someone with (very minor) natural gas reserve holdings in West Virginia, I’m envious of those in the Southwest who have an apparently unlimited market in the LNG export business. Numerous countries around the world, and especially China and India, […]


Chemical, Conventional Fuels

Technology Is A Huge Driver Of The U.S. Oil And Gas Boom

March 25, 2019

Via: Forbes

In the world of oil and natural gas, engineers, geologists, and drilling and production departments tend to get the lion’s share of the credit when good things happen, and most of the blame when they don’t. That’s fair, given the […]


Chemical, Conventional Fuels, News and Policies, World

Asia will contribute 49% of global petrochemical capacity additions by 2030, says GlobalData

March 22, 2019

Via: Energy Global

The company’s report: ‘H1 2019 Global Petrochemicals Capacity and Capital Expenditure Outlook – Asia and the Middle East to Lead Global Petrochemical Capacity Additions’ reveals that around 1320 planned and announced plants are scheduled to come online, predominantly in Asia […]


Chemical, Conventional Fuels

The Curious Incident Of The Oil Supply That Didn’t Decline

March 20, 2019

Via: Forbes

Interestingly, there are still peak oil advocates who think that we’ve reached peak oil now, despite the fact that shale oil production is still growing, OPEC+ has about 1.5 mb/d of production shut-in due to weak prices, while Venezuela, Libya, […]