I have been following some interesting trends regarding world oil production. It appears that lots of big players, hopefuls, are either dropping out of the game or are close to it. Here are some places where Big Oil thought that perhaps a diamond in the rough could be found. Canadian Oil Sands Kazakhstan Caspian Sea…
Looks like the Aramco IPO is going to flop. What I am hearing out there is that investors what to know, why is 5% of Aramco worth 2 trillion dollars? There is too much secrecy in this IPO, the Saudis are not opening up the books. Looks like nothing will really move until Aramco gets…
11/14/2019, (Bloomberg) -- Royal Dutch Shell Plc is reassuring investors, workers, and anyone else who will listen that it’s the international oil major that’s staying in Canada as others pull up stakes. Shell’s future in the country is largely as a natural gas producer and exporter focused on the $30 billion LNG Canada project, though…
The EIA published its Weekly Petroleum Status Report. Here are some highlights. All items are in millions of barrels per day except inventories, which is billions total. Dates are defined as week ending averages, except utilization rate which is a four week ending average. The full report can be found here. Item 11/8/19 11/1/19 Refinery…
November 13, 2019 Mexican national oil company Pemex will not pay a ransom demanded by suspected cyberattackers who targeted the firm's computer systems, Energy Minister Rocio Nahle told reporters on Wednesday. Read the full article here: https://www.oedigital.com/news/472860-pemex-won-t-pay-ransom-after-cyberattack?utm_source=AOGDigital-ENews-2019-11-14&utm_medium=email&utm_campaign=OEGDigital-ENews
To your knowledge what are the areas for the greatest risks within digitization of construction and capital projects? We are constructing on project sites that are more demanding than ever – greater quantity of workers (direct and subcontractors), construction equipment, and the sheer volume of work occurring simultaneously. Vast amounts of data are constantly…
New cost-effective solutions provide increased reliability, faster sampling rates and more accurate data FORT WORTH, Texas – November 12, 2019 – Probe Technologies Holdings, Inc (“Probe”), a leading supplier of cased-hole logging and advanced monitoring technology to the global oil and gas and geothermal industries, continues to innovate new developments that improve logging reliability and data quality, both critical to…
