Tag: gas

July 30, 2019

Lew Wasserman of the Rockefeller Fund has suggested in The New York Times that the petroleum industry’s continued search for oil and gas is “rampant corporate irrationality” (op-ed July 26, 2019), making arguments that echo the sentiment of many activists […]

July 26, 2019

Gas has an important role to play in the global energy transition, according to the head of EMEA natural resources research at Goldman Sachs. Speaking to CNBC Friday, Michele Della Vigna said that, in his personal view, gas was “part […]

July 25, 2019

Two neighboring northeast states, each with immense amounts of Marcellus Shale natural gas deposits, will provide the test case on how we use energy in the next decade. Pennsylvania, home to the lion’s share of the Marcellus heritage, welcomed the […]

January 29, 2019

Gas reserves in the Middle East can create opportunities for employment, business and peacemaking, according to Egypt’s petroleum minister. Amid a push by Egypt to transform itself into a regional gas hub, the country hosted the East Med Gas Hub […]

January 22, 2019

West Virginia may personify the trade war with China — a state with $84 billion on the line and money that would transform the area. State officials and economic developers are working hard behind the scenes. But they are hampered […]

January 4, 2019

Supply and demand scenarios underpin recommendations on the fate of as-yet-undiscovered gasfields Israel’s future gas supply and export strategy could shift as a result of an inter-ministerial team’s estimates on demand and supply up to 2042. A committee led by […]

December 21, 2018

The oil and gas sector is delicately poised, between a steady and profitable past and an increasingly uncertain future. The imperative to tackle climate change means that companies are coming under greater pressure than ever before to reduce their emissions […]

November 30, 2018

As part of its drive to improve operational efficiency the oil and gas sector has been looking at standardization as a vital tool. There has been good progress in several areas, but one key segment of the industry is lagging, […]

November 27, 2018

When California voted to get 100 percent of its electricity from renewable sources by 2045, it sent a signal to the market about which types of power generation technologies will remain competitive into the future. And according to Mike Ferguson, […]

September 10, 2018

Oil will be toppled as North America’s primary energy source this year, according to risk management firm DNV GL, with natural gas and electrification set to reshape the region’s energy future. The Norway-headquartered firm said Monday that overall energy demand […]

September 7, 2018

The mood music is upbeat. Just 18 months ago the liquefied natural gas (LNG) market was depressed, anticipating an extended period of oversupply. But things haven’t played out quite like that, and prices have staged a strong recovery. The market […]

August 31, 2018

Every two years the great and the good in the oil and gas industry congregate in the southern Norway town of Stavanger for the ONS exhibition. This year’s event attracted 1,124 exhibitors from 37 countries visited by more than 65,000 […]

August 21, 2018

As the Trump Administration re-activates sanctions on Iran and its crude oil exports, now seems a good time to assess the current state of the U.S. oil and gas industry: The overall rig count continues its slow rise. – The […]

August 7, 2018

Wind and solar generators took the greatest leap in new installed capacity and construction investment, while natural gas-fired generation proved to offer the most bang for the buck per project, according to the most recent data available on generator costs […]

July 31, 2018

At the recent LiveWorx event in Boston, PTC President and CEO Jim Heppelmann laid out the solutions that are available. The most interesting use cases for oil and gas are around connected workers, smart maintenance of refinery, connected refinery and […]

July 20, 2018

Digitalization is the buzzword on everyone’s lips in the oil and gas sector. It is seen as the remedy for all the industry’s problems from operational efficiency, safety and lack of visibility. But it is also being heralded as a […]

July 18, 2018

The subsidy under the Connecting Europe Facility (CEF) for preparatory works within the Baltic Pipe project was awarded in the CEF Energy 2018 call for proposals launched by the European Commission in March this year. The action titled ‘Reinforcement of […]

June 29, 2018

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 […]

June 26, 2018

A recent survey from DNV GL suggests that nearly two-thirds (64%) of oil and gas sector leaders expect to increase or sustain spending on gas projects in 2018, as the sector prepares for gas to overtake oil as the world’s […]

June 13, 2018

Higher oil prices are helping many American shale drillers. But they are hurting companies that frack for natural gas. As companies respond to rising oil prices by drilling more for it, they often unearth gas as a byproduct. That has […]