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?
Read more 14 Apr 2020
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).
Read more 09 Mar 2020
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.
24 Feb 2020
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.
Read moreAugmented 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
Read more 20 Jan 2020
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 […]
Read more 06 Jan 2020
Happy New Year 2020
Oil & Gas is booming while other Industries slow down 2B1st Consulting expects that you could already benefit from […]
Read more 07 Oct 2019
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.
20 Sep 2019
For a cleaner Hydrogen production
The paradox of Hydrogen clean label As the electric energy, the hydrogen energy is often perceived as a […]
Read more