Petroleum Stockpiles Worldwide: Where and How Big
At the start of August 2019, Abu Dhabi National Oil Company (Adnoc) has said it will acquire a 10 percent stake in VTTI, a Vitol-backed...
Downstream
Bechtel and CCS JV Led surge in Global Oil & Gas Contracts Value to US$42bn in Q2 2019
The global oil and gas industry’s total contract value reached US$42bn in Q2 2019, a massive 79 percent increase on Q1’s value of US$23.4bn according...
Opportunity Knocks: How Downstream Companies Can Successfully Participate in IMO 2020 Market
by Patrick Long
In 1848, gold was found at Sutter’s Mill in Coloma, California setting off the Gold Rush, which brought an influx of new participants to seize...
The Impact of Software on Gas Flaring and Oil Refining
Gas flaring is the process of burning excess hydrocarbon gases, which cannot be recovered or recycled, and combining those gases with steam or air to...
Salt of the Earth: The U.S. Strategic Petroleum Reserve
The U.S. SPR (Strategic Petroleum Reserve) is an oil reserve created in response to the 1973-1974 oil embargo. America’s dependence on OPEC (Organization of the...
Policymakers Increasingly Intolerant of Criminal Activity Targeting Critical Infrastructure
In recent years, we’ve watched as environmental activists have adopted more aggressive tactics designed to block the development of infrastructure projects that benefit our nation,...
Israel Will Emerge as Gas Exporter in Eastern Mediterranean Region by Mid-2020s
Israel has gone through an energy production revolution owing to discoveries of natural gas resources such as the Tamar and Leviathan fields over the past...
Transforming Fireproofing in the Downstream
In the event of a hydrocarbon plant fire, unprotected structural steel will only last a few minutes before it collapses. Whether it is a pipe...
The Role of Technology in Sustainable Long-Term Cost Reduction Initiatives
Among the most important challenges being faced by the oil and gas industry nowadays is the growing complexity of their supply chains. This is due...
Battling the Problem of Aging Infrastructure and Regulatory Compliance
It is no secret that infrastructure in the oil and gas industry isn’t getting any younger. Climate change, urbanization, migration, and population growth put further...