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 11/9/18 11/2/18 Refinery…
I spoke to Sam Ghosh, exhibitor, at the Managing Aging Plants Conference this week. He explained to me how Arundo offers software as a service. A cloud based platform, with a customized user interface, that allows operators to check equipment condition, monitor equipment, check performance, predict failure, and manage assets. Sensor data is entered into…
Although Orbital Engineering is a full service engineering firm, it has a service I did not know about until recently. While exhibiting at the Managing Aging Plants Conference, held at the Royal Sonesta this week, Brian Gray, General Manager, explained to me that Orbital is providing engineering services via drone technology. Here is a small…
Cheniere Energy will launch its first LNG shipment from Corpus Chrisi, Texas this afternoon. Although the cargo currently has no current destination, that is of no consequence, since vessels today can float along shorelines and wait for the order to come in. Click on the image below to read the Houston Chronicle article by Sergio…
2018 Managing Aging Plants Conference and Expo concluded on Wednesday night and closed the first day on Tuesday with a mixer/panel discussion/expo. The event was held at the Royal Sonesta Hotel. The three main issues that the conference addresses is Aging infrastructure - maintenance, reliability, testing, upgrading Management - young workers, old workers, next generation,…
This is a video released today by CNBC. The experts agree that too much oil is being produced and that is flooding the market. International markets plus geopolitics are at the root. Click on the image below to view the video.
I visited the booth of Solarcraft at the ISA Chili Cook off. They provide a complete solar energy package for remote locations that includes solar panels, electronics, and NEMA type enclosures. One important application is supplying power to safety shutdown valves. If there is an incident, the system can be safely shutdown using the sun's…
At the ISA Houston Annual Chili Cook Off last week, I had a chance to speak with Ray Peacoe of Detection and Measurement Systems. He introduced me to their mobile gas detection monitor - Blackline Safety G7. It connects to the internet or satellite, tracks employees graphically on a screen, allows phone calls, allows text…
Rice University held its annual Rice Energy Finance Summit on November 9th, 2018, at McNair Hall. There were a bunch of good speakers there. Two speakers stand out. Meg Gentle, CEO and President of Tellurian Investments - She states that the LNG market is heating up as nations move towards cleaner fuels. Supply is ample…
What is wrong with Nationalism? What is wrong with putting your own people first and taking care of them? Click the image below to view the video.
