Taking action on CO2 emissions

Celebrated every June 5, World Environment Day is a holiday that aims to reconnect people with nature, while educating them about environmental issues – such as CO2 emissions.  In the International Energy Agency (IEA) report, “CO2 Emissions from Fuel Combustion Highlights,” it was estimated that the energy sector is responsible for more than 40% of global carbon dioxide…

Is China the new frontier for oil and gas?

In February 2017, the Ministry of Science and Technology revealed that China is now the sixth biggest natural gas producer in the world – three places higher than in 2007.  Gas output expanded from 68 billion cubic meters in 2007 to 137 billion cubic meters in 2016. While proven reserves of natural gas surged from…

Brexit: what does it mean for the Oil and Gas Industry?

On June 23rd the UK voted to end its membership in the EU. ‘Brexit’ threatened to damage trade deals and the UK’s relationships with other EU member states. The North Sea Oil & Gas industry is heavily reliant on skilled workers from European Union countries a report has found, prompting calls for the Government to ensure the…

Cybersecurity in a modern Oil & Gas Industry

Cybercrime costs the global economy over US $400 billion per year, according to estimates by the Centre for Strategic and International Studies. An industry historically reluctant to automate processes, the increasingly digitised Oil & Gas Industry is facing cyber security concerns for the first time. The digital approach While a number of consumer IoT applications…

Top five oil producing countries: which will top the table?

Oil is a valuable commodity. In 2013 annual production was valued at almost $450 billion, with the supporting infrastructure to produce, refine and distribute oil valued at more than a trillion dollars. New extraction technologies are sure to impact the production levels of countries in the future, but which nations currently produce the most crude…

What do oil and gas companies value most?

Falling oil prices and reductions in drilling activity have led to an uncertain path for exploration and production companies. Has the change in activity affected industry attitudes towards procurement? According to a survey conducted on behalf of Trelleborg’s oil and marine operation, value, lifecycle and durability as a purchase priority, are the fundamentals oil and…

Why do companies choose to flare natural gas?

  A gas flare – also known as a flare stack – is a gas combustion device used in industrial plants such as petroleum refineries, chemical plants, and natural gas processing plants and at oil or gas production sites. The flame at the top of an oil rig is an iconic image for the Oil & Gas Industry, yet few people…