Published Fri, Dec 6 2019, by Jeff Cox Here is a new article from CNBC and it reports on the latest job numbers as released by our government. What I have seen since about the year 2000 is a complete disconnect between the economic statistics and what regular people know and experience. Here is what…
Aramco IPO is a success but it is still bashed by the West. Please view the video here. https://www.cnbc.com/video/2019/12/06/saudi-oil-minister-prince-abdulaziz-bin-salman-on-aramco-ipo-its-a-proud-day-for-all-of-us.html
Here is a company that I got to learn about while attending the Energy Innovators Happy Hour, recently held in Houston. Orolia also provides services for marine rescue of personal as well. December 4, 2019 Best Resilient PNT Solution and Best NAVWAR Simulation System Rochester, NY, December 4, 2019 – Orolia, the world leader in…
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 11/29/19 11/22/19 Refinery…
Ripcord sponsored the Energy Innovators Happy Hour on Dec. 5th, 2019, at Pitch 25 Beer Park, in downtown Houston. This event was a good time: plenty of beer, food, and good people. I never met so many PhD's at a regular business meeting. The purpose of the happy hour was to get folks together who…
The first 25 Impactful Veterans In Energy Luncheon, sponsored by Hart Energy, was held at the Marriott Marquis in downtown Houston on Dec. 5, 2019. The luncheon honored 25 military veterans for their service in our armed forces and for their accomplishments in the energy industry. It was a nice event, at a nice venue.…
AUSTIN, TX, Nov. 7, 2019 – The Electric Reliability Council of Texas (ERCOT) anticipates there will be sufficient installed generating capacity available to serve system-wide forecasted peak demand this winter and in spring 2020. ERCOT today released its final Seasonal Assessment of Resource Adequacy (SARA) report for the upcoming winter season (December 2019 – February 2020) and…
U.S. offshore wind farm support company Atlantic Wind Transfers (AWT) has signed a multi-million-dollar, market-first order for two state-of the-art Chartwell 24 Crew Transfer Vessels (CTVs), developed by Chartwell Marine. The vessels, to be deployed in support of new wind farms off the East Coast, will be built by Blount Boats, with delivery scheduled for…
I got an email today from ABS letting me know that they have a publication on the new rules from the IMO to be activated in Jan, 2020. One of the main concerns is the use of diesel containing high amounts of sulfur in cargo ships. The emission is known as SOx. It comes out…
