In this post, I will try to explain some of the changes taking place as the economy begins to reorganize and deal with this inadequate energy supply situation. [1] One energy limit we are hitting is with respect to “middle distillates.” This is the fraction of the oil supply that provi...
which sways the supply and price of oil. This is what led to the "gas crisis" of the 1970s: the Middle Eastern members of OPEC decided to "punish" Western nations for their support of Israel in the war in which the latter was ...
• Nestlé worked with the Palm Oil Collaboration Group to compile a digital library of tools for companies throughout the palm oil supply chain to adopt HRDD approaches in their own operations and supply chains. • Nestlé worked with Verité to support one of Nestlé's key suppliers to ...
I’m quoted a couple times near the article’s end, here: Continue reading → Rate this: Share this: X Facebook Reddit Email LinkedIn More Loading... Leave a comment Posted in China, Energy and Geopolitics, Global Oil Market, Global Oil system, Oil prices, Oil supply, OPEC, ...
Global oil is roughly $90 as I write (flying over Gulf oil fields on my way to Houston). Why aren’t oil companies punching more holes in the ground? At $90 oil is wildly profitable, at least in the US. Natural gas prices are just insanely profitable at this moment, but will it ...
Other companies soon followed, applying the Mitchell-developed technology on other organic-rich shales throughout the U.S. and western Canada. The shale gas recovery process is not without environmental concerns. Environmental impacts include potential effects on air, water, ecosystems, and habitat, ...
the US has increased its production over time through its burgeoning shale supply, and this has reduced the former’s influence as a swing producer; ii) global supply chains have likely adjusted to the drop in tanker traffic in the Suez Canal by now. On point (ii), unless the es...
With predictive maintenance, downstream companies can increase throughput; extend the life of assets; reduce the cost and complexity of repairs; and manage spare parts, materials, and inventory. Figure 1 Growth of services revenue Revenues and margins continue an upward trajectory Services revenues as...
“And I can tell you that a number of the policies that get described as subsidies are very similar to those available to other industries and other companies, and they’re important for American energy security, American energy investments, and American energy supply.” Earlier, Cooper asked ...
3. National oil companies: Breaking barriers National oil companies (NOCs), particularly those in the Middle East and members of OPEC, face challenges in the near term, including: 1) balancing crude oil supply and demand and maintaining stability in prices; 2) fulfilling COP28 commitments to re...