A fire at a Mitsui & Co petrochemical storage site outside Houston, TX destroyed 11 massive storage tanks before it was extinguished early Wednesday, Intercontinental Terminals Co officials said.
Japanese refiners will unlikely continue to import oil from Iran in April unless Japan gets a sanctions waivers extension from the US government, Takashi Tsukioka, president of the Petroleum Association of Japan (PAJ), said.
A report released by the American Chemistry Council finds the potential economic impact of expanding advanced plastic recycling and recovery technologies in the United States to be nearly $10 billion.
The Southern Company Gas subsidiary, which provides natural gas service to nearly 300,000 customers in southeast Virginia, believes military veterans can provide the type of leadership and expertise to help fill its new employee needs.
It's uncertain whether infrastructure legislation will be approved in 2019, but the good news is that any bill will likely include water projects. This was not the case last year, when spending talk centered on roads and bridges instead of water and sewer construction.
While the outlook varies across specific markets, overall market indicators suggest enhanced spending programs for underground construction and rehab markets this year.
The Bakken Shale play has catapulted sparsely populated North Dakota to the No. 2 oil-producing state behind Texas, eclipsing historically oil-rich states such as Alaska and California.
Azerbaijan may find it much tougher to find investment after the departure of Chevron and ExxonMobil
The pumps referred to in this article are 2,600-HP vertical pumps utilized as booster pumps for the shipment of crude oil.
Large capital projects continue to be challenged by budget issues. Typically, the central problems are large overruns with construction. Construction is the largest and riskiest portion of an engineering, procurement and construction (EPC) project, and it comes at the end of the project when project optimization, value improvement and/or correction options are limited
Rotary steerable systems (RSS) are typically based on technology developed in the last century. Modern directional drilling demands a very different ethos and approach to the tool’s design.
Over the last 12 months, the global upstream industry has featured rising oil and gas production; volatile, unpredictable oil prices, as evidenced in the last three months; and in the U.S., slowly-but-steadily rising drilling activity.
Over the last 12 months, the global upstream industry has featured rising oil and gas production (particularly in the U.S.); volatile, unpredictable oil prices (as in the final quarter of 2018); and slowly-but-steadily rising drilling activity.
The upstream sector started the new year on a cautious note, but the midstream sector roared into 2019 on a wave of pipeline construction activity. The latest Pipeline & Gas Journal survey indicates 145,353 miles of pipelines were planned or under construction worldwide at the start of the year.
Saturn Oil & Gas Inc. is has announced the commencement of its first quarter/second quarter 2019 drill program, Jan. 14, 2019.
ExxonMobil Corporation will streamline its upstream organization and centralize project delivery across the company to support previously announced plans to double operating cash flow and earnings by 2025.