Shale Gas Fact or Fiction

There have been so many articles relating to the shale oil that I believe it is important to know what is true and what is not. First, what is shale? Shale gas refers to natural gas that is trapped in shale formations. Shales are fine-grained sedimentary rocks that can be rich sources of petroleum and natural gas. How does one person go about getting these rock formations out of the ground? There are 2 methods. Horizontal drilling and hydraulic drilling. There is a limited amount of shale…

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Mining: Then and Now

Mining has changed over the course of years, including but not limited to the technology, process, health risks and concerns as well as the environment. Back then, in order to claim land miners would simply stick their shovels into the ground and start digging! Today, in order to start digging a mining company would first have to fill out paperwork and pay a fee to make their claim on a piece of property. This process can take up to 10 years, sometimes even longer! There…

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Solar energy rises

Despite the falling oil prices ( now lower than ever), the solar, wind and energy industry is on the rise for power. The industry is keeping up with the latest technologies and therefore being extremely competitive all around the world. For example. India who’s air quality is very poor due to pollution will be using clean energy to reduce waste. Another example, “China is cutting back its use of coal, the dirtiest fossil fuel, even though it’s cheap. Developing countries in Africa, where many people don’t have…

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The regions of O&G most at risk

A recent study shows which regions are most at risk when it comes down to cutting jobs and employees. If you remember, for the past 9 (almost 10)  years, oil was booming every where because of the new shale findings. To name a few; Bakken, Eagleford, Utica, Permian, and Grand Total and a few others was the reason the oil&Gas industries and the oil boom started soaring like never before. To be more precise, data shows that the employment in 248 counties where shale was…

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The positive outcome from low oil prices

The price per barrel of oil continues to go down, some states the price at the pump is just above $1. This has not happened since 1999. Many large oil and gas companies are continually downgrading their employees, but the positive outcome of the low oil price is that the hundreds of people who are at the pump are also saving hundreds of dollars every week. “An additional $500 to $800 in their pocket to spend last year. That’s enormously helpful and what happens is they…

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GVCINTL Cast Steel Gate Valves

We have tweeted, posted it on Facebook and mentioned it on LinkedIn. Finally we are taking the next step and writing a blog about what the GVC Challenge is. I will not get very detailed as if you are interested in this challenge, you must make yourself present and contact the office, however, I will make it more easy for you to decide if you want to or not by educating you on the many products that Global Valve and Controls has to offer. Each…

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No more drilling in Bristol Bay

Environmentalists and nature lovers have received the news they have always wanted to hear; their precious Bristol Bay in Alaska is under the protection of President Obama, and there will be no further disruption to the ecosystem. The reason that Mr. Obama has put these waters under his protection is because, “Bristol Bay is home to the last pristine salmon ecosystem in North America and stands unmatched in its productivity. Nearly 50 percent of the world’s wild sockeye salmon come from these waters.” This bay…

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Benefits of Oil

If you have been keeping up with the news around the world, or even in your back yard, then you already know that the oil prices are still low and it’s not looking any better than it did last month or the month before. It is now a fact that the sectors for the oil and gas industry will never be where they were, but instead will become accustomed to the change. This leads us to why is the oil so important to our economy?…

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Hiring in the oil crisis

Oil has been low for about a year now and it will continue to be stable till maybe the year 2020 researchers predict. This information doesn’t necessarily mean it will become harder for more and more workers to find jobs, but what it does mean is that even there many companies are laying off, they are still hiring for new talent. Companies such as Chevron, “has maintained a robust recruitment program, despite falling oil prices that have battered the industry.” Southwestern Energy Co., another example,”…

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ExxonMobil’s new plant in Singapore

The Singapore Refinery spans two operating sites: Jurong on the mainland and Pulau Ayer Chawan (PAC) on Jurong Island. Pipelines connect the two sites to enable seamless operations and effective molecule management. This integrated refinery has a combined nameplate capacity of about 592,000 barrels per day, producing fuels, lubricant basestock and chemical feedstock for its customers and sister plants each day. According to http://www.downstreamtoday.com/news/article.aspx?a_id=49142, Exxonmobil is expanding their operations in Jurong to produce synthetic lubricants. This expansion will help meet the needs of the population…

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