25th November 2009
As we all live in the present, it is very hard to fully assess the future implications of decisions supported or made by political and business leaders. An extraordinary game of geo-strategy is under way to lock in long-term agreements, notably in the ene...
25th November 2009
While many Western investors remain fixated on somehow acquiring a slice of Turkmenistan’s natural gas riches, despite a recent scandal over the country’s actual reserves, there is another country further east whose energy and mineralogical reserves h...
15th November 2009
In the UK, the HSE driven "Working at Height Regulations 2005", clearly state that any person assembling, dismantling or altering the structure of a mobile access tower should be competent to do so or be in the process of being trained to be so..
A per...
05th October 2009
As a freely traded commodity, crude oil has seen vast shifts in the post-war era based upon speculation as well as the fundamentals of supply and demand. Oil was the basis for the emergence of the United States as a major industrial power in the modern er...
05th October 2009
Crude oil is known as a fossil fuel since it comes from naturally occurring hydrocarbons below the earth’s surface. Crude oil is composed of a variety of hydrocarbons, and also has traces of various metals within its composition. It is formed from the b...
05th October 2009
Refineries are a core and essential part of the oil supply chain, ensuring that raw crude oil can be converted into process ready oils for transportation, manufacture and energy. The raw material from crude comes in a variety of consistencies, ranging fr...
05th October 2009
Looking back to analysts reports from last year, the momentum of crude oil prices seemed hard to counteract. As oil prices rose, many economists predicted long-run oil prices above $200 per barrel based upon growing international demand and a leveling off...
05th October 2009
Speculation has dictated the market price of oil future in recent years, creating uncertainty that has impaired international stock prices and financial markets. Most major corporations rely upon crude oil as a prominent input in its supply chain, ranging...
05th October 2009
Close observers of geopolitics note that China has been increasingly aggressive in its pursuit of sovereign oil supplies, seeking to ensure a continuous pipeline of supply of finite resources. Growing international demand for oil has driven up prices, and...
05th October 2009
Modern offshore oil rigs provide an important source of access to undersea oil reserves, and the increase in global demand for oil has led to development of new offshore platforms. While the immediate impact may not be as visible as land-based production,...
05th October 2009
A landmark even in Environmental Law, the Exxon Valdez oil spill resulted in drastic changes to oil regulations and new safety procedures to prevent against future oil spills. The March 1989 oil spill was one of the largest in history, resulting in over 1...
05th October 2009
As global demand for oil products continues to increase and land-based oil reserves have been explored, a growing number of oil companies are opting for offshore oil rigs as a way to increase global supplies. A large number of active oil platforms have be...
05th October 2009
As a refined product of crude oil, heating oil prices reflect both shifts in the overall oil market as well as the specific shifts in demand for home heating. These related variables result in rapid shifts in heating oil prices, which can impair many low ...
05th October 2009
When oil prices rose to all time highs in 2008, a large variety of firms felt immediate pressure on their net profits as transportation costs rose. In an attempt to protect profit margins, many companies sought to pass on these expenses to consumers in te...
05th October 2009
Peak oil is defined as the maximum level of global petroleum production, and some analysts expect that we will be nearing this level within the next decade. As even more reserves are uncovered using more advanced technology and partnerships, the global su...
