March 21st marks the start of the NCAA Basketball Tournament, also known as March Madness, and you know what that means; an unproductive work force. Managers and HR departments struggle to keep their employees operating at a normal production level, and according to Chris Morris from www.fortune.com, “the average worker will spend up to six […]
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You may or may not be aware but Sunday March 10th is the beginning of Daylight Saving Time. There are many conjectures about the origin and purpose of DST, but there is one clear fact, everyone enjoys more sunshine. On, “Sunday, March 10, 2019, 2:00:00 am clocks are turned forward 1 hour to Sunday, March 10, 2019, 3:00:00 am local daylight time […]
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The CNOOC, China National Offshore Oil Corporation, has made a significant gas discovery in the central North Sea. The CNOOC, joined by Joint Venture (JV) partners Total and Edison, estimate the find to potentially 250 million barrels of oil. Glengorm, potentially the biggest find since 2008, sits 118 miles east of Aberdeen, Scotland close to […]
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Some 800,000 federal workers are back to work today after a 35-day shutdown, as lawmakers are pressured to come to an agreement on funding.
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Everyone involved in the world of commercial trucking is familiar with the term IFTA (International Fuel Tax Agreement), but not everyone knows why IFTA exists and what its intended functions are. IFTA is an agreement between the majority of U.S. states and the majority of Canadian provinces designed to simplify the way that commercial truck […]
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During the lengthiest government shutdown in United States history, prioritizing fossil fuel development continues to take precedence for the Trump Administration. An estimated 800,000 federal workers went without paychecks however the administration has still found ways of moving forward for “energy dominance.”
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The University of Pittsburgh has always been regarded as a world class research institution, and now they are taking that reputation into the world of natural gas. Researchers from the Swanson School of Engineering were recently awarded a $1.76 million grant from the Department of Energy to conduct testing on a new method for treatment […]
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With the Iran sanctions looming, international oil markets are looking for alternative crude suppliers. The United States and the European Union (EU) as well as many others, have initially turned to Saudi Arabia. However, there is uncertainty of the Saudi’s ability to fill in the production gaps given the recent turmoil over a murdered Saudi […]
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Wood Mackenzie (WoodMac), a global energy, chemicals, renewables, metals and mining researching and consulting firm, states companies need to raise investment into new production by 20%. Oil and gas companies need to increase annual investment before a supply demand in 2025. The investment could reach about $600 billion to ensure companies sustain production and growth […]
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The U.S. typically sees a drop in gasoline prices as demand begins to tail off at the end of the summer travel season. This year is breaking the trend with gasoline prices sitting at their highest for the season since 2014, due in large part to the global oil price rally. AAA reports that the […]
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