Oil & Gas

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Oil Supply Steady Threatened as EU Plans Russian Sanctions

Oil Supplies settled at the highest in almost three weeks after an unstable session that saw the market ultimately pivot back to supply issues coming from a European Union’s plan to sanction Russian oil. West Texas Intermediate closed above $108 a barrel for the first time after late March. Previously, the benchmark had dropped as […]

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The United States isn’t Considering Canadian Oil Pipeline Shutdown, Claims White House

CALGARY (Bloomberg)– The White House pledged to talk about a crucial pipeline that lugs Canadian crude via Michigan with the northern neighbor, emphasizing the United States is not considering a shutdown of the conduit the state’s governor wants to be shuttered. The U.S. and Canadian governments will certainly “engage constructively” on the future of Enbridge

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Siemens Power and Bentley Systems Present Asset Efficiency Monitoring Options for Oil & Gas Operators

Bentley Systems, Inc. (Bentley) and Siemens Energy have unveiled a collaborative solution called Assets Performance Management for Oil & Gas (APM4O&G), which utilizes intelligent analytics to reduce operating expenses related to oil and gas assets. This joint solution combines Bentley’s advanced asset performance software capabilities (AssetWise) with Siemens Energy’s technology and service expertise to help

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More Oil Refinery Emissions Expected in the Near Future

A study (An international stock), revealed that CO2 escapes from oil refineries were as high as, 1.3 Gt in 2018 and could reach 16.5 Gt from 2020 to 2030. From the results, the investigators suggest unique mitigation techniques for such refineries in various regions and ages. The results appear today (20 August 2021) in the

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