Can Texas Railroad Commission Rule Global Oil?

The Texas Railroad Commission (RRC) finds itself at the center of the global policy for balancing the oil production with the current consumption as the only legal authority in US having the power to regulate Texas production. Without an agreement among the US producers in Texas, the global price war with Saudi Arabia and Russia will continue until one of the player is giving up the game. But can the RRC really do it?

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OPEC+ Agreement to Speed up Market Dichotomy

On Friday April 10th, the OPEC members and the non-OPEC oil producing countries, the so-called OPEC+, signed an agreement to cut the crude oil production by 9.7 million barrels per day (b/d).

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Barrel Price and Covid-19 Impact on Oil & Gas and PetroChemicals Projects

All crises are creating threats and opportunities, but the accumulation of a double crisis in energy prices and pandemic Covid-19 generates a unique situation.

In this unusual context, we try to evaluate the consequences of this double crisis on the Oil & Gas and Petrochemical market, especially the areas under threats and in opposite way where we should see opportunities.

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Robotization in the Oil&Gas sector

Whereas automation had clear applications in both manufacturing and processing industries, robotization was left behind when talking about the process industry.
Today, robotization is making a come back on the edge of the scene in the Oil and Gas world thanks to digital technologies.

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ExxonMobil and ENI in Mozambique Rovuma LNG

In August 2016, Eni and ExxonMobil signed an agreement by which Eni will sell 25% stake into the onshore LNG project and transfer the operator role to the US major ExxonMobil. Eni kept the operator role for the development of its offshore fields.

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Augmented Reality and Virtual Reality (AR/VR)

Augmented Reality and Virtual reality, often shortened as AR and VR, are two technologies which have been developped along the last decade with technological similarities but serving different purposes, especially for the industry

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NOVATEK on good track with ARCTIC LNG-2

The LNG eldorado of Yamal Gydan Peninsula Novatek has huge reserves on the Gydan peninsula, namely the Geofizicheskoye […]

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Happy New Year 2020

Oil & Gas is booming while other Industries slow down 2B1st Consulting expects that you could already benefit from […]

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Active and Passive Data

As reminder, a Digital Twin is a virtual model of an existing object, process or service.
To run this model efficently, the Digital Twin needs to be fed with data.
In the Large Industry, these data can be divided in two categories: Passive or Active.

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For a cleaner Hydrogen production

The paradox of Hydrogen clean label As the electric energy, the hydrogen energy is often perceived as a […]

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