In recent months, there has been an increased focus on the energy plans of oil and gas majors alongside a growing demand for cleaner energy and decarbonization. With three of the world’s largest companies Shell, ExxonMobil and Chevron all in the spotlight to reduce their emissions on accelerated timelines,...
In case you hadn’t noticed yet, the oil and gas industry in the U.S. has not only recovered from its terrible, COVID-generated bust of 2020, it is actually now in the midst of a modest boom. It is not the leasing, drilling and fracking boom the industry experienced from...
There are 4,023,360 kilometers laid in the United States. Nearly 25,000 kilometers are planned in the Middle East. The world’s longest stretches for around 10,000 kilometers over China and Central Asia. We’re talking about pipelines, and in total, there are enough to wrap around the equator more than eight...
Texas temperatures have normalized, and power has been restored, but the question remains how can future blackouts be prevented? Additionally, what can the rest of the country learn from the blackouts in both Texas and California?
There are several lessons we can learn from these blackouts, which happened just seven...
Energy trading and risk management (ETRM) systems are flexible, powerful tools that often lie at the very core of an upstream, midstream, or downstream oil and gas company’s commercial, logistics, and risk business process. They enable the trade-to-settlement lifecycle and support much of the hydrocarbon value chain. They’re routinely...
A recent article at the Energy Information Administration’s “Today In Energy” site reveals an important but seldom appreciated fact about natural gas: that an electricity generating facility using it can achieve capacity factors of over 70%, which is ordinarily more than twice that of solar and wind.
Additionally, gas-fueled power...
Here in the U.S., we are among the top four countries for gas flaring in the world. According to the World Bank, together with our top-four peers — Russia, Iraq and Iran — we account for 45% of gas flaring worldwide and have done for three years running. What’s...
Shale is a big part of the U.S. energy industry supplying more than 63% of gross domestic oil and gas production, but it’s getting hit hard. Drilling new wells to offset steep production declines is difficult in the current capital-constrained environment. Current lower oil prices and decreased demand have...
For over 25 years, Eaton’s FERRUPS uninterruptible power supply (UPS) has been the workhorse providing clean and reliable power to mission-critical and industrial applications. An uninterruptible power supply (UPS) is an electrical apparatus that provides emergency power to a load when the input power source or main power fails....
The oil and gas industry has always been themed with using technology to improve processes. Using a similar approach, companies have sought to improve regulatory compliance and environmental protection. Established during the Obama administration in 2014, seven firms united as Our Nation’s Energy Future, better known as ONE Future,...
