Gasoline Price Decline Will Help Reverse Recession
Gasoline prices from coast-to-coast have declined more than $1 per gallon this year as a result of a massive oversupply of petroleum products. AAA reported...
Downstream
Crude Production Cuts in the US Too Slow to Support the Price as Storage Runs Out by Mid-May
Following the historic fall of the West Texas Intermediate (WTI) futures price for May delivery into negative territory, going as low as negative US$37.6 per...
Oil Inventories Increase, Storage Near Capacity
Even though crude oil prices rebounded about 15 percent this week, oil inventories continued to rise as energy demand and economic conditions declined. Spot crude...
Coronavirus Creates Supply Chain and Workforce Management Challenges for Oil and Gas EPC Projects
Following the coronavirus (COVID-19) outbreak, China – the world’s biggest importer of crude oil – has been forced to cut down on consumption. The resulting...
MFG Chemical Promotes Tim Haggerty to VP Oil and Gas
Dalton, GA – MFG Chemical, a global leader in specialty and custom chemical manufacturing, announces the promotion of Tim Haggerty to Vice President, Oil and...
Autonomous Technology Can Mitigate the Business Impact of the Coronavirus
The coronavirus has exposed the soft underbelly of critical infrastructure and industrial sites worldwide – workforce availability. As more and more companies implement business continuity...
MFG Chemical Names Jonathan O ’Dwyer VP Commercial Operations
Dalton, GA – MFG Chemical, a global leader in specialty and custom chemical manufacturing, announces that Dr. Jonathan O’Dwyer has joined the company as VP...
Use of Clean Energy as an Alternative for Supplying the Oil Industry’s Production Chain
The use of clean energy is increasingly more important for the future of humanity as we know it. To be able to understand the research...
The Cyber Security Problem for Oil and Gas Refineries
Refinery operators running ICS (Industrial Controls Systems) have many concerns, such as keeping the plant running smoothly. In this universe, information technology isn’t necessarily a...
Use of Natural Gas Production for a Thermoelectric Power Generation Plant
Natural gas is a mixture of hydrocarbons that contains methane (CH4) at an amount greater than 80 percent, volumes of alkanes and, in some cases,...