Liquified Natural Gas ( LNG) becomes more popular to use

Back in the day squeezing and cooling gas till it become a liquid also known as LNG was very costly and very few companies were about to afford the process, but with today’s technology consistently improving, the LNG process has become more popular compared to building pipelines to carry the oil from place to place. It is expected that by 2018, the process of LNG will used more and more around the world. “Projects under way mean that by 2018 over a third more LNG…

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Oil production pushes Midstream firms

Oil production pushes Midstream firms Billions of dollars are flowing to the Canadian midstream sector to build up pipelines and processing plants, key operations to get energy resources to market. Canada and the United States will need to spend an average of almost US$30-billion a year on infrastructure for oil and gas, a total of US$641-billion over the next 22 years and that doesn’t include the natural gas liquids pipelines, fracking and pumps which is another $2.5 billion per year! The role of midstream firms…

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Rules around fugitive emissions tighten

This week, the US Environmental Protection proposed a new rule for the oil and natural gas industry to report data on greenhouse gas emissions from their operations. If it go into effect as planned next year, the data will go a long way toward settling the question of whether natural gas is a cleaner alternative to oil or coal. Natural gas is composed primarily of methane, a powerful greenhouse gas. Once  you factor in fugitive emissions and other releases of burned and unburned gas all…

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