By Giorgio Biscardini, Reid Morrison, David Branson, and Adrian del Maestro How energy companies can adjust their business models to a period of recovery. The character of Chuck Noland, played by Tom Hanks, says near the end of the film Cast Away, “…because tomorrow the sun will rise. Who knows what the tide could bring?” He makes this observation after … Read more
We have acquired more new oilfield equipment… For more information give us a call at 936-336-5154, email us at sales@pickettoifield.com, and to check out other equipment visit www.pickettoil.com, in additional to this new equipment we have many used, refurbished, and other new equipment, also follow us on Facebook for more updates! NEW Drilling Spool… NEW … Read more
Sep 25, 2017, 8:00am EDT BEIJING, Sept. 25, 2017 /PRNewswire/ — Recon Technology, Ltd. (NASDAQ: RCON), (“Recon” or the “Company”), a leading independent solutions integrator in oilfield service, electric power and and coal chemical industries operating in China, today announced the Company has won several contracts totaling approximately RMB 6.1 million, or approximately USD 0.9 million, to develop four Internet of Things … Read more
Sep 20, 2017, 2:39pm CDT Mexico’s growing fuels market took the spotlight during a binational meeting hosted by Texas Gov. Greg Abbott to discuss new business opportunities in the energy sector. Abbott hosted Mexican Ambassador to the U.S. Geronimo Gutierrez-Fernandez and Petroleos Mexicanos CEO Jose Antonio Gonzalez-Anaya at a Monday evening dinner with executives from Texas-based energy companies at … Read more
Gas shortage: Florida races to refill gas stations after Hurricane Irma by Matt Egan @mattmegan5September 11, 2017: 4:27 PM ET Florida is racing to refill its drained gas stations to allow millions of residents to return to their homes following mass evacuations caused by Hurricane Irma. Historic demand for gasoline sparked major gas shortages in the days before Hurricane … Read more
Hurricane Harvey packed such a powerful punch that more than a dozen Gulf Coast oil refineries are still hurting two weeks after the storm struck Texas. Five oil refineries remain shuttered as of Monday, according to S&P Global Platts, an energy research firm. Ten more are partially shut down as they attempt to recover from … Read more
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Hurricane to Cost Tens of Billions, but a Quick Recovery Is Expected (courtesy of http://www.nytimes.com) https://nyti.ms/2waUd25 The brutal storm pummeling the Houston area is likely to rank as one of the nation’s costliest natural disasters, with tens of billions in lost economic activity and property damage across a region crucial to the energy, chemical and shipping industries. … Read more