SCADACore Has Acquired Path RF
SCADACore recently announced that it has acquired Path RF. Path RF's free RF Line-of-Sight and Tower Maps (Canada, US) are now found on SCADACore's website. The free tools are especially useful for field [...]
Alarm Callouts for Oil & Gas
Alarm callouts are imperative for Oil & Gas operations. An alarm callout system typically involves a sensor or device that monitors certain condition or threshold. When the device or sensor detects an anomaly, a Voice, [...]
Fed Will Abandon Pretense of Growing Economy After Election
"The Fed always have the fail-safe that they are data dependent. They always say they are going to act based on the data. They have actually never committed to doing anything. What is [...]
Oil Prices Could Surge As This Country Fails To Meet Production Targets
"One of the most significant countries in terms of future oil growth may not be able to achieve its long-term production goals, raising red flags about global oil supplies in the years ahead. For years, [...]
OPEC Sees Weak Oil Prices Through 2015
"DOHA, Qatar—The Organization of the Petroleum Exporting Countries has become more pessimistic about the future of oil prices this year amid plentiful supplies and softening demand from China, the group’s members said this week." Source: [...]
Oil Price: Is Current Low Sustainable?
"Recent volatility in the price of oil has led some analysts to re-examine the history of price swings for the commodity. Wednesday's price, back to the recent lows branded "close to unsustainable" by HSBC strategists, [...]
Oil Prices Below $39 for First Time Since 2009
"Get ready for even lower oil prices. Futures for a barrel of West Texas Intermediate crude fell below $39 a barrel Monday -- a level not seen since 2009. Oil settled Monday just above $38, [...]
Five Key Reasons Behind Falling Oil Prices
"Oil prices fell to a fresh six and a half year low in international markets Thursday, approaching the key USD 40 a barrel level after a surprise rise in US inventories added to concerns of [...]
The Oil Price: How Low Is Low?
"With West Texas Intermediate (WTI) and Brent close to their January 2015 lows some readers are wondering how these lows compare with historic lows when the oil price is adjusted for inflation (deflated). BP just [...]
The Link Between Oil Reserves And Oil Prices
"There are two reasons for this increase in proved reserves. The first is that despite >150 years of oil production in the U.S., new fields are still being discovered. In March 2015 the EIA released [...]
Oil Price Collapse Hammers Big US Energy Groups
"Shares in some of the world’s biggest energy groups tumbled on Friday as the collapse in oil prices battered the profits of ExxonMobil and Chevron, capping a week in which European rivals announced thousands of [...]
Oil Prices Enter Bear Market Amid Global Glut of Crude
"U.S. oil prices sank into a bear market Thursday as a global glut of crude shows little sign of abating. " Source: wsj.com
These Factors Will Send Oil Prices Down Even Further
"I have become an avid reader of the International Energy Agency Oil Market Report. A ”free” synopsis is published mid-month with the full report and data tables made public at the end of the month. [...]
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