ARTICLES AND NEWS

An image of an oil well and the use of Gilsonite in preventing leaks
Article

Gilsonite As a Solution To Leaky Wellbores

As complexity of wells, environmental regulations and the need to be as economically efficient as possible in the petroleum industry increases, it is more prevalent than ever to ensure and maintain wellbore integrity. The purpose of the cement sheath is to maintain wellbore integrity by providing total isolation between surrounding formations and the wellbore. One factor opposing the purpose of a cement sheath is hydrocarbon migration through a micro-annulus located at either the cement/casing interface or the cement/formation interface. Hydrocarbon migration hazards can be as minor as a few psi increase at surface to total blowout which in turn can be timely to repair, if possible, and create unwanted environmental concerns which ultimately effect economic returns.

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Base Oils and Lubricants Conference (Base Oils & Lubricants Conference)
News

17th ICIS Middle Eastern Base Oils & Lubricants Conference

The ICIS Middle Eastern Base Oils & Lubricants Conference is moving for the first time in its seventeen-year existence to Saudi Arabia. In recent years, Saudi Arabia has opened its doors to international events, possesses 15% of the world’s proven oil reserves, and is the top crude oil exporter. This affords you the chance to create new relationships and discover commercial business prospects in this vital region.

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Some used oil is to be recycled
Article

What happens to your recycled used oil?

Used oil, frequently referred to as “sump oil,” should not be discarded. Used oil can be cleansed of pollutants such that it can be recycled multiple times despite becoming soiled. There are numerous applications for recovered used oil.

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The roof of a house that is insulated with bituminous products
Article

Bitumen In Roofing Applications

For centuries, bitumen has been a trusted ally in constructing durable and efficient roofing systems. Its application in roofing transcends time and geographical boundaries, highlighting its enduring relevance in the industry. This article aims to provide a comprehensive examination of bitumen’s journey in roofing, from its historical roots to its promising future.

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DAN YERGIN DISCUSSES WHY OIL PRICES ARE DECLINING
News

Dan Yergin Discusses Why Oil Prices Are Declining

The Fed and Russia’s war in Ukraine, according to energy expert Dan Yergin, are responsible for the decline in oil prices during the past month, despite the market’s tightness. According to Yergin, the demand prognosis for China, the largest oil consumer in the world, is also questionable. Edward Gardner, commodities economist at Capital Economics, stated, “We believe OPEC+ would then adopt a more permissive stance, allowing the few members with excess capacity to produce more.”

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