Plastic in the industry

           Working for a valve manufacture that partakes in specific industries such as oil and gas, coal and mining, upstream, downstream, chemical,  you learn more about what products you can offer for those media applications and what you cannot. For instance, Global Valve and Controls offers materials such as SS, Alloy 20, CS and more but when it comes to plastic, GVC is no longer in the game.  But what do plastics have to do with us being in this industry,…

Continue reading »

Oil prices start to rise again

For almost a whole year oil prices were down, and although this was a good news for many consumers, it was bad news for everyone who lost their jobs due to the oil being so low. Now as the hurricane season is upon us; oil prices are starting to rise and jobs are slowly opening up again. Some of the top companies are taking advantage of this increase in price as their stocks have begun to raise. “There are eight energy stocks in the Standard…

Continue reading »

America takes Russian oil crown

We all remember the days when Russia used to produce the most oil and natural gas, but now the US has taken the lead thanks to their shale fields. The data showing the U.S.’s emergence as the top driller confirms a trend that’s helped the world’s largest economy reduce imports, caused a slump in global energy prices and shifted the country’s foreign policy priorities. The U.S. increase in oil output last year, helping it to overtake Saudi Arabia as a crude producer, was the first…

Continue reading »

Did we forget about the Downstream Oil and Gas sector?

“Handling the downstream activities of the oil and gas sector need to be seriously considered as lawmakers deliberate a new oil and gas draft law to replace the existing 2001 law.” The downstream sector commonly refers to the refining of petroleum crude oil and the processing and purifying of raw natural gas, as well as the marketing and distribution of products derived from crude oil and natural gas. There needs to be more focus on opening more access to facilities and developing refineries that are…

Continue reading »