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Oil & Gas

European pipelines fighting for clients

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Competition among key European oil pipeline operators is more fierce than ever, as the number of clients declines, amid other concerns including economic instability and the occasional fuel shortage.
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Canada not ready to deal with offshore leaks, report finds

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Canadian authorities are not ready to deal with the consequences of a potential offshore oil leak, according to a new report released by the federal commissioner of the environment and sustainable development.
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Arlington council approves controversial drilling operation expansion

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A new natural gas well is on the agenda for Arlington, Texas, after the Arlington City Council approved the project for a second well on what proved to be a controversial site.
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Explosion at Pemex headquarters kills 36, injures at least 100

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The explosion occurred at the basement of the administrative building, located in immediate vicinity of the company's 52-story main office tower, where several thousand people were working at the time of the incident.
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Canadian petrochemicals industry faces major obstacles

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The Canadian petrochemicals industry has the potential to grow dramatically thanks to low natural gas prices, but a number of obstacles are standing in its way.
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Gulf companies invest in southeast Asia petrochemicals

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Wealthy investors from the Arabian Gulf are eyeing markets in southeast Asia and investing huge sums of money in petrochemical production in the region.
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SCADA market for oil & gas propelled by Asia’s sprinting economy

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Following the global recession of 2008-2009, the Asia market for supervisory control and data acquisition (SCADA) has rebounded strongly, growing at a near double-digit rate. Asia’s fast-growing economy is further boosting the market for SCADA oil and gas systems.
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Countries around the world consider fracking after US success

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Tempted by the U.S. shale gas revolution that could soon see that country top the charts in natural gas production, countries around the world are considering introducing the same technology, in the hope of achieving similar results.
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Yokogawa to supply integrated control and safety systems for Cygnus Development Project

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The ICSS will feature Yokogawa’s CENTUM VP process automation system, ProSafe-RS safety system, Exaquantum production management solution and PRM asset management package.
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Brazilian oil giant to host first demo showcasing ROM solution

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The Fieldbus Foundation on Wednesday announced plans to conduct a series of live field demonstrations showcasing its FOUNDATION™ for Remote Operations Management (ROM) technology.
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