There are several factors why the price of gasoline is continuing to fall but one of the reasons is the United States’ growing capacity to produce its own energy through shale or tight oil.
According to analysts, the US could become energy independent as early as 6 years from now. But there is a conundrum to this seemingly … Read More...
I agree that there must be a consultative approach to the LNG industry to facilitate proper regulation. Along with regulation, it must be balanced across the board to ensure fairness in an industry with multiple competitors.
Although a clear policy is needed in this area as there are things such as emissions that need to be regulated to … Read More...
To put the necessary infrastructure in place is a proactive move by the BG Group to ensure that they are prepared once the service contracts are ready to be executed. This is a great move as the basic infrastructure would take some time to develop once contracts have been signed. Therefore, BG Group could not wait until the … Read More...
The comments that were made seem like political rhetoric just to gain popularity. It would not be practical to give Indian workers jobs while there is a significant amount of unemployed Canadians. They would be cheaper of course, however that would have a negative impact on the economy of Canada and would eventually result in a decline in … Read More...
Petronas could stand to benefit because of the delay of the LNG project. They did not rush into placing large scale investments in LNG facilities before they were certain where things were going.
In business it is a balance between being smart and sometimes just being lucky. It can be uncertain at times which way the business can … Read More...
Emissions are a serious thing. It is not wise to only look at the financial gains today and not look at the long term effects emissions will have on the environment in the future. There needs to be a balanced approach to the industry meaning that financial gain must not outweigh the environment.
LNG is a useful gas … Read More...
The LNG industry in British Columbia seems like a great investment for companies and investors at this time. It may seem like a risk if the projects do not materialize but the prospect will always be there.
Corporate gain will always be the main driver in any economy of a country. Companies are driven by profits so they … Read More...
Declining gas prices may not be so good for everyone after all. In general terms, consumers and industries that are heavily dependent on gas will benefit both in the short term and in the long-run. But because the United States is an oil-producing nation with states with heavy interests in oil and gas mining, the continued decline in … Read More...
Technology is now a major part of the oil and gas industry. Several days ago, a hackathon event was held in Ghana to develop a software to help provide solutions for issues related to the oil and gas industry, particularly those that are health and environmental related.
The two-day event was organized by Penplusbytes. There is a dearth … Read More...
Our final tip for pipeline workers- Follow Safe Evacuation Procedures
Many accidents at the job site can be avoided with simple precautionary measures but crisis situations can occur even at the safest job sites (e.g. flooding, civil disturbances, etc.). Nobody wants emergency scenarios to occur but employers and employees have to be ready for when they happen.
Companies … Read More...
