Oilgas Resources

The oil price, or the price of oil, generally refers to the spot price of a barrel of crude oil - a reference price for crude oil buyers and sellers such as West Texas Intermediate (WTI), Brent ICE , Dubai Crude, OPEC. Reference Basket, Rough Carpet, Bonny Light, Ural Oil, Isthmus and Western Canadian Select (WCS). There is a price differential of one barrel of oil based on its content, determined by factors such as its density or sulfur content and its location, for example its proximity to tides and / or refineries. Crudes that are more acidic and acidic and do not have access to tidal water, such as Western Canadian Select, are cheaper than lighter and sweeter oils such as WTI.  (This article is about the price of crude oil) CAUSES OF FLUCTUATIONS IN THE OIL PRICE Two points of view dominate the discourse of the oil market. There are those who firmly believe that the market has undergone structural changes and that low oil prices are here to stay for an extend...

Oil and gas manufacturer seeks opportunity to drill oil in Vevay Township near Mason. On Thursday, the very company, Jordan Development, had its first hearing in front of Michigan's Department of Environment, Great Lakes and Energy. And Jordan Development Company is just in the first stage of the two-part process with the state where they asked for a larger drilling area underground. For Nigeria well of this type, a standard 80acre unit would be required. In this situation, the company has requested for a 120acre unit. They have also demanded for a statutory pooling which is when some of the mineral owners inside of a unit have signed mineral leases. It is important to note that oil and gas has been obtained from the ground in the Mason area for years. The company also declares the fracking method would not be used. However, Supervisor of Vevay Township said they have heard from people in the community. "They entered. We fielded a few questions but this has...

In the oil and gas sector today, different countries of the world like America may face a number of challenges, such as low oil prices, the rise of electric vehicles and proposals to limit fracking. The industry is running out of water could be one of its biggest problems. In such a country, the oil boom is being driven mostly by the growth of fracking — injecting water into shale formations to free up deposits of oil and natural gas that were never economically accessible before. Nevertheless, much of that oil and natural gas is found in the most arid parts of the country, where water is relatively scarce. Jerry, mayor of Midland, Texas said we are in the middle of the desert, and two years ago we came out of a seven-year drought. Nonetheless water use by the oil and gas manufacturing in the Permian Basin, an area of West Texas and New Mexico that is at the mid of the fracking boom, has shot up from only 1 billion gallons in 2011 to84 billion gallons last year, with the...

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There is optimism among those in Alberta’s renewable energy sector despite Associate in the Nursing unstable the political landscape and this province’s attachment to oil and gas. At the Renewable Energy faculty on Saturday, trade specialists were existing to share however corporations will profit from the industry’s evolving technology; from electrical vehicles to hydrogen-fueled trucks. Calgary-based Summit Nanotech corporation. is presently operating to extract atomic number 3, lithium, from the Leduc formation, and its business executive Amanda Hall says the square measure three-six million tonnes of the metal, one in all the most important deposits in North American nation.  However, atomic number 3, lithium, isn't itself a natural resource, it`s utilized in the batteries that store energy for things like electrical vehicles and solar panels. Instead of the ore alone being sent to Chinese battery makers, Hall says Canadian province really has ever...

Blogging in oil and gas connected matters is an important avenue through which money can get to you. In this post, you would learn a step-by-step case study showing you exactly how to be successful in blogging on oil and gas-related matters. Every twelve months, it is interesting to note that there are lots of people out there who are making millions from blogging. One of the businesses that you can consider starting is to start blogging on oil and gas connected subjects provided you have passion for it. For instance, you can blog about Oil and Gas news, e-book, magazine, transportation, exploration, marketing, storage, and production.  Good content, Search Engine Optimization, and social media, among others, can generate lots of traffic to your blogsite. With this understanding, you will attract loads of traffic if your blog has useful and helpful content.   Having secured loads of traffic on your blog, you can easily draw good advertising deals from stakeholders and ot...

This is a thriving and profitable business venture especially if you are a known figure in the oil and gas industry. And if you are not, you can start from somewhere. Remember, what you do not have, you cannot give to another person. Thereby, you need to have some trainings and education before you start this type of business in any area of your specialization. There is no restriction to the services offered by consultants because there are several areas where consultancy is highly needed. As a matter of fact, there are consultants in all industries ranging from Finance to Oil and Gas et al . One of the ways that you can earn money from the business value chain in the oil and gas industry is to start an oil and gas consultancy and advisory services. Particularly, if you have a robust experience in the oil and gas industry and you have the required qualifications and professional certifications to back your experience. You can start your consulting business and try to focus on...

Oil and Gas Radio Show Oil and gas sector is big enough to accommodate any entrepreneur who is interested in starting Radio Show and make money.   The continuity of your business successfully would depend on your high end sponsors. So, try to secure good sponsors that are interested in your programmes.  Some important step to consider:  Obtaining air time or any open positions in the radio station to host your show. Contact Radio station of your interest about how to obtain air time from their station for your Oil and Gas show. You would talk to radio stations in your area about the type of show you want to have and ask about their process for new radio show hosts. You can consult different radio stations to know the one that suit you most. Try to secure radio time on the same day and time each week or day to help build up a larger listenership of people who can expect to hear your show at a certain time. If you would need the service of a radio DJ and pl...

Oil and Gas Television Program is a profitable and thriving business idea that an entrepreneur who intends starting a business in the industry should consider. Good TV show that is well organized and well – packaged to address key issues as it relates to the oil and gas industry will surely attract large viewership. This can generate mouthwatering sponsorship deals from major players in the oil and gas industry in your country. It is a cool way of making money in the Oil and Gas sector. Educating both the industry and the public, you will see your business perception shift from that of vendor or operator to thought leader. Facts, survey results, statistics and other insight will separate your business from others in the field. The perception of expertise is what would help you build new trade and projects. You can use these platforms to also dispel myths and misinformation surrounding the industry and build trust with the public by championing the positive aspects of the oil ...