China’s oil peak and US LNG's rise: Yergin maps a new global energy order Published11 December 2024 10:56 GMT Safety Ukraine reports new assault at offshore gas platforms Published10 December 2024 13:54 GMT Politics ‘Geopolitical risk premium’ on oil prices could rise due to Syrian crisi...
CBS News collected reported incidents for 2010 at wells and pipelines from three federal agencies and 23 of 33 oil and gas producing states. Not counting the BP disaster, we found at least 6,500 spills, leaks, fires or explosions nationwide - that's 18 a day. Overall, at least 34 millio...
Per the US Energy Information Administration, in the first half of this year, LNG flows through the Red Sea made up almost 8% of all global trade. After the UK’s maritime authority announced that it got reports of “incidents” in the Red Sea and recommended vessels move forward in the ...
The integrity of asset and its reliability represents the important elements of safety management in the oil and gas exploration. For years, incidents in the oil and gas industry have resulted in the economic losses, environmental degradation, and societal impact due to the inadequate process safety...
Washington— Oil and natural gas companies for the first time will have to pay a federal fee if they emit dangerous methane above certain levels under a rule being made final by the Biden administration. The Environmental Protection Agency rule follows through on a directive from Congress included...
The team implemented the above interventions and monitored data on an ongoing basis. After three months, they had roughly the same number of NPT incidents as the previous month, indicating a substantial improvement. They used Minitab Assistant in Minitab Statistical Software to conduct ...
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You also may have noticed these incidents are not occurring in the traditional oil and gas fields of America. If you live in the Northeast, you may notice a scramble to your area to drill into a gas field that has been hailed as several patches large enough to supply the national demand...
Large teams are often needed to monitor industrial and oil and gas sites in remote areas, 24 hours a day, 365 days a year, creating significant challenges in terms of staffing and the associated costs. The good news for such companies – especially if th
For oil and gas executives, the need for operational excellence (OE) has never been greater. Exploration, development and production costs are rising, and refining margins are under pressure. Activity levels are also increasing, causing sector inflation. A shortage of technical talent and capability...