In its recent oil and gas outlook, Deloitte referenced consolidation as a top trend affecting the sector. Driven by margin pressures, increased competition, overspending and overextending, the landscape is rapidly changing as more agile players beat those who cannot keep up.
So, what's the key to staying relevant amidst this...
Carbon neutral is the term that has sparked insurmountable interest since its debut as the 2006 Oxford dictionary word of the year. So what’s the buzz all about? An increasing number of businesses have pledged to go carbon neutral in an attempt to reduce their carbon footprint. With the...
U.S. mines produced approximately $82.3 billion in minerals in 2020, and according to the EIA, mining has the second-largest share of annual industrial energy consumption. It takes an incredible amount of energy to mine minerals, such as coal, metals, such as iron, copper or zinc, and industrial minerals, such...
The COP26 global climate summit earlier this month in Glasgow, Scotland, put the spotlight on the urgency to act on climate change. President Joe Biden promised his administration would heavily regulate methane, and for the first time, the Environmental Protection Agency is poised to limit the methane coming from...
It’s been a quarter of a century since Rotary Steerable Systems (RSS) displaced mud motors as the energy industry’s premium directional drilling tool of choice, and the basic design has incrementally been improved upon over the years.But the fundamental approach has remained unchanged. The technical and commercial realities of...
While the oil and gas industry has long harbored innovative thinking and technological advancements, many of the improvements have been birthed in response to incidents and injuries. Responding to crush and pinch points, among other hazards, Tubular Rollers LLC exercised its version of innovation in 2014 when it introduced...
After the introduction of unconventional extraction techniques in the 1990s with the Barnett Shale near Fort Worth, Texas, natural gas production began to rise significantly in the U.S. Prior to the widespread use of unconventional methods — specifically during the early period of deregulation from 1990 to 2010 —...
The global oil and gas industry is facing challenges due to modern energy processes. This is leading the industry to scout for technologies that maximize the energy efficiency of the production process. This drastically helps petroleum refineries and chemical and petrochemical plants to reduce their carbon footprint and operating...
For very valid reasons, oil companies have turned a corner and are more concerned than ever before with their public images, especially pertaining to their environmental impact. They are held to the most stringent environmental standards and are mandated to provide guarantees of transparency in the environmental management of...
The renewable energy snowball has begun to roll, and power sources like wind and solar are increasing rapidly. It’s hard not to notice if you have to pass one of those giant wind turbine blades being trucked along the highway.
In President Biden’s proposed budget, he has inserted a big...
