Tag: Shell

40021962 - young mother and her daughters by a fireplace on christmas

$100 Oil By Christmas?

Thanks to OPEC and Russia’s agreement to restrict supply, and rising world demand for crude, the Brent oil price has climbed past $82 a barrel, a big increase on the $56 prevailing at the same time last year and a four-year high. Also, the collapse in oil prices in 2014 […]

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The Prelude FLNG facility leaving the SHI Shipyard in South Korea

Going big with floating production vessels

Oil and gas Floating Production Storage and Offloading (FPSO) vessels have opened up hydrocarbon reserves too deep for the reach of rigs and often too far from seabed pipelines and coast… The current population of over 270 oil FPSOs and four mega LNG floating production and storage units, harvest oil […]

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48961966 - welder mounts in the trunk pipeline electrochemical protection

Big Politics at Work Behind Nordstream 2

February 2018, Vol. 245, No. 2 The supply of Russian natural gas across the Baltic Sea to Germany and onward to central and western Europe could be doubled by the proposed $10.6 billion (€9.5 billion) Nordstream 2 (NS2) pipeline. The 759-mile (1,200 km) pipeline, running parallel to Nordstream 1, will […]

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53975792 - lng tankers at the sea, illustration

Virtual pipelines a solution for small scale LNG

Nicholas Newman Never heard of virtual pipelines, well I had better explain they are scheduled shipments of oil and gas transported by barge, ship, rail or road tanker to customers located beyond existing pipeline networks. Here is a snap-shot of some of the market developments and innovations worldwide concerned with virtual LNG […]

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What’s next for Britain’s oil capital?

What’s next for Britain’s oil capital?

Nicholas Newman Eniday August 2016 Last year, the UK’s oil and gas sector suffered a 30 percent drop in revenues, 43 percent of the North Sea fields operated at a loss and 65,000 jobs were lost. Likewise, investment in new projects took a hit, falling from an average of £8 billion […]

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