Downstream

This post was originally published on this siteNov 22, 2021 (Bloomberg) –Oil steadied after four weeks of losses as traders weighed the chance that the U.S., China and Japan will tap national crude reserves as concerns over accelerating inflation intensify. Futures in New York traded near $76 a barrel after losing almost 6% last week. President Joe […]

This post was originally published on this siteNov 22, 2021 (Bloomberg) BP Plc has kicked off a hiring campaign to fill jobs in its fledgling hydrogen business.The U.K. oil and gas major is initially looking to fill some 100 hydrogen jobs to work on projects from Spain to Australia. It’s among a raft of global energy

This post was originally published on this siteNov 21, 2021 (Bloomberg) The world economy is approaching the northern hemisphere winter in disarray, unable to shake off the coronavirus crisis amid persisting supply disruptions, soaring prices and resurgent outbreaks.Global surveys of purchasing managers this week are likely to point that way. Among the outcomes anticipated by economists

This post was originally published on this siteEarly this year, we published a report highlighting the accuracy of The Ventbuster® in ultra-low flow detection. Specifically, that its precision measurements have brought to light new understandings around thermogenic gas effects on flowing and shut in-pressures. The report is available for download here. The Ventbuster® has been commercially

This post was originally published on this siteThe inefficiencies weren’t obvious to management. Like many others, the oil producer was managing distinct functional areas with the usual service providers, all with their own systems. It was a logical separation of duties. After all, it’s the status quo, even for some of the leanest energy firms.

This post was originally published on this siteBy Tony Czuczka Nov 21, 2021 (Bloomberg) President Joe Biden will give a speech on the economy and combating inflation on Tuesday as markets await his decision on the next Federal Reserve chair and possible moves to bring down U.S. energy prices. For the U.S. central bank, Biden is

This post was originally published on this site(Bloomberg) The White House’s push for releases of oil from national reserves is already fully priced into the market following the drop in crude prices in recent weeks, according to Goldman Sachs Group Inc.The U.S. is likely to sell at least 20 million to 30 millions barrels of crude

This post was originally published on this site(Bloomberg)World fertilizer prices continue to soar as tightening supplies send costs up for farmers and consumers across the globe. In India, contract pricing for the nutrient potash skyrocketed 59% to $445 per metric ton, according to Bloomberg’s Green Markets. In Northwest Europe, potash prices rose 1.7%, the most

This post was originally published on this siteNov 20, 2021 (Bloomberg)  Central Appalachia coal prices at a 12-year high could give West Virginia a boost just as President Joe Biden needs to persuade its Senator Joe Manchin to support a $2 trillion tax-and-spending package that includes climate-change measures. Biden’s Build Back Better package now moves

This post was originally published on this siteBy Allison McNeely (Bloomberg) A growing cohort of smaller companies that survived the cold depths of the pandemic say now they’re in danger because the economy is too hot. Mattress sellers, flooring manufacturers and makers of clean energy equipment are warning that stretched supply chains and runaway freight