The victories of the GOP in the US elections is deemed a boon for the oil industry. The Republicans who support the Keystone XL Pipeline project is now at 61; that would give the pipeline project a big boost in terms of legislation. Aside from the pipeline project GOP senators are expected to use their powers to advance … Read More...
While it’s normal for pump prices of gasoline to be low during the autumn season because of the decrease in demand, there are speculations that fuel prices will continue to drop in the coming months due to the abundant global production of crude oil.
OPEC has reportedly admitted that the demand for their crude oil has fallen but … Read More...
The approach of Hydraulic fracking is a serious one that can have implications on the wider society if not addressed soon. The fact that pollutants can get into the drinking water of persons in an area is a serious enough issue that a strict and clear order must be made by governing officials.
Chemicals that are carcinogenic must … Read More...
Talent management for the oil and gas industry is something that additional focus needs to be placed on to ensure that a best practice approach is taken. Currently, the approaches taken, to introduce persons from other companies or persons leaving universities are a short term fix. This is so as there has to be significant investments made to … Read More...
This is a great idea as it seeks to achieve two environmental and socio-economic goals of the region. Also being EU funded there must be regulations and studies in place to ensure safety and feasibility to the project.
The EU is known to fund projects that are practical and will work to achieve long term goals over a … Read More...
A gas pipeline makes sense in terms of economic benefit to the companies utilizing them as it reduces costs to transport the gas between the producer and the end users. However, the concern is where the pipeline will be laid and its proximity to homes and populated areas.
If the line is too close to densely populated areas … Read More...
Corporations are always at the forefront to develop methods to get more while spending less and this article is a classic example of that. To develop a ship that can handle the Arctic route is quite innovative and if it is cheaper for the company overall it makes sense.
The Arctic route is favorable for transport and saves … Read More...
A worker named Jerrel Hancock was reportedly killed in an offshore explosion during a routine maintenance at the Echo oil-and-gas platform of Fieldwood Energy LCC in the Gulf of Mexico.
The accident was attributed by the company to an “isolated pressure event” that occurred while the worker was cleaning a piece of equipment that separates oils from other … Read More...
An accident at a hydraulic fracturing site in northern Colorado that killed one worker and injured two others occurred earlier this month. According to a report on the Greeley Tribune, Matthew Smith, the worker who died, was hit with a stream of water. No other information is available at this time.
The two other workers that were injured … Read More...
In an interview with Breanna Atkinov of Reos Partners, Peter Tertzakian, the Chief Energy Economist and Director of Arc Financial discussed the challenges and opportunities in Canada’s energy sector.
Tertzakian believes the industry is going to change in a big and meaningful way. The executive remarked that the innovation in the industry beginning in 2008/2009 has been profound.… Read More...
