Industry News

Schlumberger Enters Technology License Agreement with CNPC Logging

Schlumberger has entered into a collaboration agreement with China Petroleum Logging Co. Ltd (CNPC Logging), a subsidiary of China National Petroleum Corp. (CNPC), to jointly manufacture wireline downhole technology in China. The agreement will strengthen the commercial and technical collaboration between the two companies and aligns with Schlumberger’s commitment to enable technology access in key

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Wood Secures Major US Solar Contracts Worth Over $200 Million

Wood, the global engineering and consulting company, has secured two solar engineering, procurement and construction (EPC) contracts from an American power and energy company worth over $200 million on June 16. Wood was selected following a competitive tender process and will be responsible for delivering two major solar projects in the U.S. state of Virginia

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Researchers challenge Ohio petrochemicals project

A group of engineers, economists and other professionals are advising against building a major plastics and petrochemicals plant in Ohio. On June 15, the group sent a letter advising against the Dilles Bottom, Ohio, project to the governors of Ohio, Pennsylvania and West Virginia. Dilles Bottom is in close proximity to all three states. PTT

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Kickstart: Taking new technology out for a spin

Bicycle and bike gear maker Specialized is bringing 3D printing to two wheels. The company recently launched sales of its S-Works Power with Mirror saddle to the general public, made with multiple layers of 3D printed polymer rather than foam. Developed with 3D printing company Carbon, the Power with Mirror can improve comfort by distributing “sit-bone

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Dow and Shell to develop sustainable steam cracking technology

Dow and Shell are teaming up to collaborate on low-carbon technology for a sustainable future, the companies have announced. The two have entered into a joint development agreement to accelerate technology to electrify ethylene steam crackers.   Using electricity instead of fossil fuel combustion to heat their cracker furnaces, could yield a very significant reduction

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Capitalism, Nor Cronyism, Is What We Need; Especially in Energy

Robert Bradley, Jr.Founder and CEO of the Institute for Energy ResearchPrincipal, MasterResource: A Free-Market Energy Blog.. .… … [Editor’s Note: Crony capitalism or real capitalism? The answer is obvious yet too many companies in recent years, GE being the prime example, drifted toward the former.] A May 27, 2020, piece at EnergyWire (E&E News) reported the latest

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EU discusses clean energy in €750B post-pandemic recovery fund

EU’s commissioner for energy, Kadri Simson, told the bloc’s energy ministers on Monday that there is a strong link between technology, recovery, and climate-neutral ambition. Simson discussed Europe’s €750 ($846.3) billion coronavirus recovery fund and the role of clean energy technologies for the future low carbon economy. She described it as a “sizeable, balanced plan,

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Clean energy needs a boost to reverse Covid-19 economic damage: IEA

The Covid-19 pandemic has dealt a massive blow to countries around the world and brought up “worrying implications” for clean energy transitions, the International Energy Agency (IEA) said in a new report. The crisis is chocking economies and significantly impacting the energy sector, the Paris-based agency said. Unprecedented action and leadership from governments, companies, and

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Sakhalin Energy begins one-month maintenance on LNG plant

Russia’s Sakhalin Energy, the operator of the Sakhalin-2 liquefied natural gas (LNG) project, has commenced a one-month maintenance project at the plant, Kallanish Energy reports. The maintenance activities will be carried out at the Lunskoye-A offshore platform, the onshore processing facility (OPF), booster station No. 2 and the LNG plant. In a statement the company

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Pa. charges Cabot with 15 environmental violations

Pennsylvania Attorney General Josh Shapiro on Monday announced that a state grand jury has charged Cabot Oil & Gas in connection with 15 environmental crimes in northeast Pennsylvania, Kallanish Energy reports. The company was charged with seven counts of prohibition against discharge of industrial wastes, seven counts of prohibition against other pollutions, and one count

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Chevron, Shell lead industry’s resilience at $30/Bbl Brent: WoodMac

Chevron and Shell’s upstream portfolios are the most resilient at oil price at $30 a barrel and offer the highest cash margins at $70/Bbl, according to analysts at Wood Mackenzie. Tom Ellacott and the Corporate Analysis team at the consulting firm have studied the resilience of the seven oil and gas majors: BP, Shell, Chevron,

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Canadian Energy Weekly Round-Up: June 15, 2020

Here are the top news stories covering Canada’s energy landscape: Canadian LNG Alliance Launches The British Columbia Liquified Natural Gas (LNG) Alliance formally became the Canadian LNG Alliance (Canadian LNGA) this week to reflect the critical role of LNG for Canada’s COVID-19 economic recovery. Bryan Cox, President and CEO of the Canadian LNG Alliance, issued

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New York State Public Service Commission Stuck Between Closing Walls

Jim WillisEditor & Publisher, Marcellus Drilling News (MDN) Andrew Cuomo has put the New York State Public Service Commission into one of those movie scenes where walls are closing in and there is no way to escape. Fossil fuel haters in New York successfully pressured New York Gov. Andrew Cuomo to reject the Williams Northeast Supply Enhancement

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Chase expands distribution hub in Indiana

Resin distributor Chase Plastic Services Inc. has completed a major expansion of its distribution center in South Bend, Ind. Clarkston, Mich.-based Chase broke ground last year on the $4 million addition. The expansion increases warehouse capacity at the site by more than 60 percent, adding 80,000 square feet for additional storage of more than 9

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Shale Gas News – June 13, 2020

Bill desRosiersExternal Affairs Coordinator, Cabot Oil & Gas … … The Shale Gas News, heard every Saturday at 10 AM on 94.3 FM, 1510 AM, 1600 AM, 104.1 FM and Sundays on YesFM, talked about Opec output, EPA water rule, Chesapeake Energy and much more last week. The Shale Gas News has grown again to the Williamsport

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