Image - Spending on Proppants for Unconventional Oil & Gas to Total $8.85bn in 2014

Spending on Proppants for Unconventional Oil & Gas to Total $8.85bn in 2014

The new report now available on ASDReports indicates that total spending on of proppant, will be $8.85bn in 2014. The continually expanding unconventional oil and gas markets are the key underlying factor for the proppants market over the next 10 years. To exploit these resources hydraulic fracturing (fracing) is employed; a process in which formations are fractured under high pressure and proppant pumped into the created fissures. The use of ...

Oil and Gas - Aug 29, 2014


Image - LatAm Woos Foreign Oil Firms But State Looms Large

LatAm Woos Foreign Oil Firms But State Looms Large

Some of Latin America's largest oil producers are on a charm offensive to woo foreign investment, but are still keen to keep a firm government grip on the sector. Latin America holds 20 percent of the world's oil reserves, and major producers such as Mexico, Brazil and Argentina are reaching out to foreign companies to help tap hard-to-reach crude. Mexico has led the charge by launching a sweeping reform of its oil sector, endi...

Oil and Gas - Aug 28, 2014


Image - Alstom and PG&E to advance Synchrophasor Grid Monitoring

Alstom and PG&E to advance Synchrophasor Grid Monitoring

Alstom Grid, along with other solution providers, have partnered with Pacific Gas & Electric Company (PG&E) to continue collaboration into Phase II of PG&E’s synchrophasor project, Synchrophasor Technology Realization. This collaboration, partially funded by US Department of Energy (US DOE), aims to advance situational awareness enhanced with stability monitoring, a key step towards proactive grid stability management as data...

Oil and Gas - General News, Pipelines, Smart Grids - Aug 27, 2014