A small, largely overlooked country in South America has become the center of the world’s oil future, offering low-carbon and low-cost oil production with the potential for an output of 1 million bpd. Guyana, which borders Brazil, Venezuela, and Suriname could be the world’s next big oil power, as...
Competition For China's Oil.
Thanks to its heavily discounted crude, Russia has won China’s favor over the last year, at certain points even overtaking Saudi Arabia as the country’s main exporter. The Russian invasion of Ukraine early last year, and subsequent sanctions on Russian energy, have led Russia to reduce the price of...
Blackouts Present Opportunities to Implement Reliability Solutions
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...
The face of energy is transitioning from dependence on fossil fuels to renewable and clean energy solutions. With pressure from the current administration and mounting climate concerns, nations across the globe are rallying behind the green energy movement. The efforts to transition to clean energy represent the convictions of...
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,...
Refilling the SPR with Just 6 Million Barrels
The Department of Energy recently announced the plan to replenish the Strategic Petroleum Reserve with a meager 6 million barrels. After draining the SPR to record lows in 2022, this plan seems far short of what many consider an appropriate emergency supply. This stage of Biden’s three-part plan to...
The Impact of Data-driven, Automated Drones on the Oil and Gas Industry
The business impact and long-lasting benefits drones offer have put them on a clear path to becoming an industry standard. Automated drones have been tapped as one of the next game-changing innovations for the oil and gas industry, largely because of the substantial cost savings they offer. Additionally, drone...
A State of Denial: New York’s Natural Gas Blockade
Pipeline Blockade is Making Things Worse for New York's Natural Gas When it comes to energy issues, New York long ago plunged over the cliff. Now, it has attached booster jets to its heels to accelerate toward the bottom. Worse, one fears Governor Cuomo knows exactly what he’s doing — simply...
UniqueHR provides comprehensive HR solutions for small to mid-sized businesses, allowing each business to maximize its growth while providing the best work environment possible for its employees. UniqueHR, generally recognized for its services related to payroll, benefits, and risk management, also excels in HR training and development. As a ...
Key Considerations For Supporting Your ETRM System Here’s how an optimized IT support capability can maximize reliability and efficiency for your ETRM system.
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...