Downstream

This post was originally published on this siteMarch 7 (Reuters) – Two Carl Icahn representatives on the board of Occidental Petroleum Corp will resign as the activist investor has exited his entire position in the U.S. oil and gas producer. Icahn, who once held a nearly 10% stake in Occidental, has been waging a bitter […]

This post was originally published on this siteMarch 6 (Reuters) – U.S. gasoline prices at the pump jumped 11% over the past week to the highest since late July 2008 as global sanctions cripple Russia’s ability to export crude oil after its invasion of Ukraine, automobile club AAA said on Sunday. AAA said average U.S.

This post was originally published on this siteMar 7, 2022 (Bloomberg) Oil soared — nearing $140 a barrel earlier — as shock waves rippled through the market after the U.S. said it was considering a ban on Russian crude imports. Brent subsequently eased to about $125, levels that are exacerbating fears of a major inflationary shock

This post was originally published on this siteTendeka is a global specialist in advanced completions, production solutions and sand management for the oil and gas industry. Tendeka’s clients have experienced improvements in completions performance by combining field proven technologies with innovative design. Such advancements include: Mitigating water/gas breakthrough by using Autonomous Inflow Control Device (AICD)

This post was originally published on this sitePreface Following up on our previous post where we discussed how Payload can help a business transform their business from being solely paper based to a digital business that can be driven by data, we wanted to build upon this. The solutions provided by Payload enable businesses to

This post was originally published on this siteGlobal industry faces a massive, existential waste heat problem. Single use heat is our planet’s most undervalued resource. As we demand even more energy; waste heat becomes our largest renewable resource. Historic thermoelectric technologies carry significant operational risk & complexity, combined with increasingly serious environmental & economic limitations.

This post was originally published on this siteTake control of your facilities with Autonomous gate security. Most producers have incurred some form of theft or vandalism at their sites over the years. We can provide Artificial Intelligence gate security featuring license plate recognition. This can then be compared to a known list of approved personnel

This post was originally published on this siteMarch 6 (Reuters) – The world’s biggest gathering of energy industry leaders returns to Houston this week as Russia’s invasion of Ukraine delivers an oil price shock to the global economy and embattled executives face growing criticism for the industry’s role in climate change. Global oil prices have

This post was originally published on this siteMar 6, 2022 (Bloomberg) The International Atomic Energy Agency said it’s having trouble getting through to staff operating the Zaporizhzhia nuclear power plant, which is now under the control of Russian forces.Russian President Vladimir Putin told his Turkish counterpart that Ukraine must agree to his demands in order for

This post was originally published on this siteMar 5, 2022 (Bloomberg) The average price of gasoline in the U.S. jumped above $4 a gallon for the first time since 2008 in a clear sign of the energy inflation that’s hurt consumers since Russia invaded Ukraine. Pump prices jumped 41 cents in the past week and are 10 cents