Tag Archives: oil

OPEC’s production cuts and climbing oil prices

By: IBISWorld Procurement Research Analyst, Ashley Cruz With oil prices finally on the rise, businesses that rely on petroleum products should be looking ahead to hedge against price growth and volatility Although much of 2016 has been a year of suspense and surprises, there were several late-in-the-game decisions that have…

Keep D.C. out of the Bakken

By Senator Steve Daines Folks in western states like Montana and the Dakotas understand that to ensure our way of life for future generations, we need to balance the responsible development of our natural resources with protecting and conserving our great outdoors. As an avid outdoorsmen myself, I’ve been backpacking,…

Halliburton turns to IBM Cloud to help evaluate development decisions for oil and gas fields

Migrating reservoir simulation to the IBM Cloud allows Halliburton to substantially reduce time to simulate the effects of development decisions in oil and gas fields On 20 April 2016, IBM announced that Halliburton has adopted IBM Cloud to run its sophisticated reservoir simulation software to help it better understand how complex…

Vepica and BASIC Equipment selected by Meridian Energy to study North Dakota refinery

Engineering studies will explore a high-conversion crude oil refinery to serve Bakken oil producers, local liquid fuels and chemicals markets Vepica, a multinational engineering firm specializing in the energy industry, and Houston-based BASIC Equipment today announced that they have been selected by Irvine, California’s Meridian Energy Group (Meridian) to perform…

NETZSCH releases multiphase progressing cavity pumps for demanding mid- and downstream oil & gas applications

Multiphase progressing cavity pumps capable of conveying highly viscous oils with stable pressures, little pulsation or shear forces NETZSCH Pumps North America, LLC, experts in solutions designed specifically for difficult pumping applications, highlights the availability of its multiphase progressing cavity pumps for mid- and downstream pumping applications in the oil &…

NETZSCH releases innovative NOTOS™ Multiple Screw Pumps

NETZSCH Pumps North America, LLC, experts in solutions designed specifically for difficult pumping applications, announces the release of its new NOTOS™ line of multiple screw pumps for demanding pumping applications in the oil and gas, marine, power, and general industrial markets. NETZSCH’s Multiple Screw Pumps are designed to handle difficult…