Refining and marketing: Navigating under uncertainty Global energy policies: Government priorities to come into play 1. The Permian Basin: Repositioning for growth The Permian basin is synonymous with US oil and gas production, contributing to 46% of US crude oil production, 20% of US gross natur...
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Figure 2. Natural gas production and consumption are from the 2024 Statistical Review of World Energy, published by the Energy Institute. Natural gas imports are calculated by subtraction. Figure 2 shows that once natural gas production (blue line) began to decline, Southeast Asian natural gas con...
First, OPEC and the rest of the world production has been basically flat for 20 years. There have been two sources of significantly increased oil and gas production: the US and Russia. The US has more than doubled in the last 10 years. Russia is up a few million barrel a day—for no...
Engine oil isn't meant to last forever; even though you don't burn through it as you do with gas, all combustion engines — especially those that aren’t exactly “low mileage” — consume some oil. And with enough time, it’s possible to burn enough for your oil light to come on....
Chemtrade Logistics exports sodium chlorate, chlorine and sulfuric acid to the US. RETALIATIONChina already has retaliated by imposing tariffs on US imports of coal, liquefied natural gas (LNG), crude oil, farm equipment and some vehicles. China has restricted exports of antimony and bismuth. ...
Nanotechnology has also found its way to petroleum engineering, it is a well-accepted path in the oil and gas industry to recover more oil trapped in the reservoir, it has recorded success in reservoir characterization, drilling and well-completion jobs [5]. In EOR, nanoparticle is still in ...
Yield stress fluid flows occur in a great many operations and unit processes within the oil and gas industry. This paper reviews this usage within reservoi
While climate change was a major issue debated during the campaign for parliament, Labour has said it wants to ensure any transition away from oil and gas, and the jobs it creates, towards green energy is a gradual one. How many other countries will recognize the need for a gradual transiti...
An interesting chart would be total global public debt + total global oil and gas company debt, from 2002 to 2013. By definition, as we have seen a massive debt buildup, we have depleted the remaining post-2005 supply of global crude oil reserves and the remaining post-2005 supply of ...