Page 105 - Oil Patch News Today

Falling energy demand due to pandemic lockdowns sent the global oil industry into a tailspin in 2020 and led Chevron to a $5.5 billion annual loss

By Nik Rajkovic Mar 3, 2021 There’s a fast growing environmental grassroots movement to phase-out traditional gas stations in favor of electric charging stations. One city in California has actually “Limiting gas stations, one bad crisis and no one has access to fill up their cars or their generators and stuff like that,” says Shale Magazines Kym Bolado, host of " Bolado argues they should focus more on preventing forest fires which give off much more pollution that gasoline engines. Ho...

Continuous Distillation Unit Source: National Centre for Upgrading Technology PP 4 is a continuous, three-column distillation unit, which can run with any combination of the columns in line Features: Minimum pressure: 10 mm/hg Feed rate: 1-8 L/h or .2 to 1.8 gal/h Cut point: 80 to 560 C or 176 to 1040 F PP 4 is a continuous, three-column distillation unit, which can run with any combination of the columns in line. The main purpose is to fractionate a multicomponent hydrocarbon stream into...

A frigid storm knocked out electricity across the state just as Texans needed heat the most, revealing the weakness of our grid. The Dallas Morning News...

Power grid at center of debate over North Dakota’s energy future The possibility that North Dakotas largest coal-fired power plant will close in 2022 is driving a review of the states energy policy and is causing friction over how to ensure the power grid remains reliable, with some officials worried brownouts could happen. Written By: Patrick Springer | Adam Willis | 12:00 am, Feb. 13, 2021 × Regional congestion on the power grid...

The natural gas storage report from the EIA for the week ending January 29th indicated that the amount of natural gas held in underground storage in the US fell by 192 billion cubic feet to 2,689 billion cubic feet by the end of the week, which left our gas supplies 41 billion cubic feet, or 1.5% higher than the 2,648 billion cubic feet that were in storage on January 29th of last year, and 198 billion cubic feet, or 7.9% above the five-year average of 2,491 billion cubic feet of natural gas th...

Sreedhar Reddy Kona is a Vice President and Senior Analyst at Moody’s Investors Service. Mr. Moody has many years of experience.

Heikkinen Energy Advisors CEO Sees Big Upside to Oil Patch Stocks February 8, 2021 David Heikkinen CEO Heikkinen Energy Advisors David Heikkinen is Chief Executive Officer of both Heikkinen Energy Advisors and its wholly owned broker/dealer, Heikkinen Energy Securities LLC. Prior to founding the firm in December 2012, he was Global Head of E&P Research at Tudor, Pickering, Holt & Co., and led the E&P Research team at Capital One Southcoast. He gained industry experience at Shell where he worke...

Lawmakers lay out plans to redraw North Dakotas electoral map Senate Majority Leader Rich Wardner said a proposed committee will draw up the new legislative districts. It will likely include 16 or 18 lawmakers, with mostly Republicans and two or three Democrats — a reflection of the partisan breakdown in the Legislature. Written By: Jeremy Turley | × Senate Majority Leader Rich Wardner, R-Dickinson, speaks at a news conference on Dec. 1, 2020, in the North Dakota...

The natural gas storage report from the EIA for the week ending January 15th indicated that the amount of natural gas held in underground storage in the US fell by 187 billion cubic feet to 3,009 billion cubic feet by the end of the week, which left our gas supplies just 36 billion cubic feet, or 1.2% higher than the 3,045 billion cubic feet that were in storage on January 15th of last year, but still 198 billion cubic feet, or 7.0% above the five-year average of 2,811 billion cubic feet of nat...