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Copyright: suwatpo / 123RF Stock Photo
Britain, Business, Energy, Energy Policy, Environment, Gas, Health and Safety, Innovation, Investment, Oil, Technology

Packing-up Caudrilla is not the end of the decommissioning story.

The oil and gas industry needs a decommissioning strategy to help meet the UK’s Paris Accord commitments and the net zero carbon emissions by 2050 target, as the country moves ahead in its energy transition. Decommissioning is only one strand of the oil and gas sector’s efforts to reduce their carbon footprint and, at the same time, is an essential requirement to ensure continuing investor and government support in new North Sea projects.

USA and China trade war
Business, Energy Policy, Energy Security, Energy Storage, Energy Trading, Europe, Gas, Gulf States, Liquid Natural Gas, Middle East, Oil, Pipelines, Rigzone

Oil Demand Shrinks Under Weight of US-China Trade War

This trade war has slowed demand for oil in China, but also in Europe and America itself.

Aarhus, Denmark - July 20, 2017: The high-speed ferry EXPRESS 2 of the shipping company Molslinjen is moored at the pier in the port of Aarhus (Denmark).
Engineering and Technology, Industrial journalism, Shipping, Technology

Pump it up! Bigger and better uses for water-jet technology

Water jets are no longer used just for thrill-seeking jet-skiers. Now larger boats in a variety of applications are using the technology for propulsion – so what’s powering the trend? The first thing that may come to mind when you think of water-jet propulsion is the jet skis that are […]

Oil refinery
Energy Storage, Energy Trading, Gas, Liquid Natural Gas, Middle East, Oil, Pipelines, Rigzone

Attack on Saudi Oil Production Triggers Fears for Global Oil

Saudi Arabia’s Abqaiq plant has restarted and is now processing about 2 million barrels a day, restoring just under half the output lost after the facility was damaged in an attack.

oil rig
Gas, North America, Oil, Rigzone, Technology

US Oil Rig Demand Continues Decline

Productivity gains have caused record production, falling prices and a year-long decline in drilling and well completions.