Will there be a boom at Cline Shale? That’s the expectation of many even if some believe that Cline Shale isn’t as hot as some people claim it to be. More and more oil companies are descending on the area to set up operations at the site that cover the following Counties: Coke, Fisher, Mitchell, Howard, Irion, Reagan, … Read More...
Everyone in the oil industry knows the importance of having highly effective and functional technology that will help make processes faster and smarter in the industry. This is why on October 23, the industry had its very own Oil and Gas Awards that recognize the achievements of technology companies in pushing for innovation in the industry. Enbase, a … Read More...
It is not always easy to get laws passed especially ones surrounding industries as important and as complicated as the oil and gas industry. Everyone has interests to protect, the industry, the government, the people, and their interests may sometimes clash. But transparency laws are important to ensure that the interest of one specific group becomes detrimental to … Read More...
In the last few years, the US has become a top oil producing nation. This came as a surprise to many who did not expect such feat to happen under the Obama administration, especially since the US president regards himself as “green”.
The US oil production boomed because of fracking, a technique that still remains questionable despite its … Read More...
There are several factors why the price of gasoline is continuing to fall but one of the reasons is the United States’ growing capacity to produce its own energy through shale or tight oil.
According to analysts, the US could become energy independent as early as 6 years from now. But there is a conundrum to this seemingly … Read More...
I agree that there must be a consultative approach to the LNG industry to facilitate proper regulation. Along with regulation, it must be balanced across the board to ensure fairness in an industry with multiple competitors.
Although a clear policy is needed in this area as there are things such as emissions that need to be regulated to … Read More...
To put the necessary infrastructure in place is a proactive move by the BG Group to ensure that they are prepared once the service contracts are ready to be executed. This is a great move as the basic infrastructure would take some time to develop once contracts have been signed. Therefore, BG Group could not wait until the … Read More...
The comments that were made seem like political rhetoric just to gain popularity. It would not be practical to give Indian workers jobs while there is a significant amount of unemployed Canadians. They would be cheaper of course, however that would have a negative impact on the economy of Canada and would eventually result in a decline in … Read More...
Petronas could stand to benefit because of the delay of the LNG project. They did not rush into placing large scale investments in LNG facilities before they were certain where things were going.
In business it is a balance between being smart and sometimes just being lucky. It can be uncertain at times which way the business can … Read More...
Emissions are a serious thing. It is not wise to only look at the financial gains today and not look at the long term effects emissions will have on the environment in the future. There needs to be a balanced approach to the industry meaning that financial gain must not outweigh the environment.
LNG is a useful gas … Read More...
