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Tag: oil
Oil Industry Faces Huge Worker Shortage
2016-07-13 10:56:00| Green Car Congress
Oil Industry Faces Huge Worker Shortage Analysis
2016-07-13 01:04:00| Climate Ark Climate Change & Global Warming Newsfeed
Eurasia Review: Offshore platform, Gulf of Mexico. Photo by Chad Teer, Wikimedia Commons. The rig count has rebounded from the lows seen in late May, a small indication that oil companies in the U.S. could begin drilling anew. Shale drilling is a short-cycle prospect, requiring only a few weeks to drill and bring a well online. Because of this, the collective U.S. shale industry has been likened to the new "swing producer": low oil prices force quick cutbacks but higher prices trigger new supplies. In essence,...
Tags: industry
analysis
huge
oil
GlobalData says oil sands projects in Canada to see $40.6bn CapEx between 2016 and 2025
2016-07-13 01:00:00| Hydrocarbons Technology
A new report released by global research and consulting firm GlobalData revealed that oil sands projects in Canada will see capital expenditure (CapEx) of $40.6bn out of a total $82.8bn between this year and 2025.
Tags: canada
projects
oil
sands
Aker Solutions to deliver FEED services for Idemitsu's oil and gas operations off Vietnam
2016-07-13 01:00:00| Offshore Technology
Aker Solutions has been selected to provide front-end engineering design (FEED) services for development of Idemitsu Oil and Gas's resources in Nam Con Son basin in offshore Vietnam.
Tags: services
off
feed
solutions
Oil prices edge down as IEA warns on global oversupply
2016-07-13 01:00:00| Offshore Technology
Oil prices have fallen after the International Energy Agency (IEA) warned that oversupply concerns worldwide threatens prices.
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