Wednesday, June 12, 2013

Significance of Translation Services in Oil and Gas Industry by Happy Raj Sinha

In the age of globalization the oil and gas industry is one of the most significantly advancing and crucially imperative industry spread all over the world. Oil and gas both are found underneath the surface of earth. These are the most valuable natural resources for producing energy.
The oil and gas industry embraces two sectors: ‘upstream'â€" the exploration and production part of the industry; then ‘downstream'â€"the part which manages the refining and processing of crude oil and gas produces, their supply and marketing.Companies functioning in the industry may perhaps be having equally upstream and downstream benefits, or may well focus on a specific area, generally identified as an E&P company or an R&M company.
A number of big companies function across many countries and are defined as ‘multi-nationals', whereas other minor companies focus on particular areas of the world and are frequently mentioned to as‘independents'. Often, a particular nation has vested its interests in oil and gas in a domestic company, by its name frequently imitating its nationwide parenting. In the upstream area, much dependence is positioned upon service and upon supplier companies who deliver professional technical facilities to the industry, oscillating from geophysical surveys, drilling and cementing, to catering and hotel services in provision of setups. This association amid contractors and the oil companies has promoted a handy corporation, and progressively, contractors are completely combined with the organization and principles of their clients.
Importance
Oil and gas industry has affected each and every scope of human life. By the influx of technical advances and studies, the demand of gas and oil industry is growing at a prompt pace. Around 70 to 80 per cent worldwide economic development rest on this industry. Oil and gas are projected to keep on being the leading energy resources for eras to come.
These are the following processes involve in oil and gas industry
• Exploration procedure is involved in the foundation of oil and gas
• Complete production and development of crude oil or natural gas
• Shipping
• Marketing and consumers
Every single trade has its distinctive challenges, terms and policies. Oil and gas industry embraces together offshore and onshore energy sectors placed in different parts of the world.
Oil and gas industry general function
• Supply of the fuel
• Oil platform controller on Sub-sea
• Analysis of resource (renewable)
• Appropriate controlling of asset
• Translation of Radical decorum
• Submersible pump checking and pressure temperature gauges
The oil and gas industry inaugurates the passage to discover the oil well at the exact positions and excavate gas and oil successfully. These bases are established profoundly inside the earth and appropriate technique must be conceded out at the particular site. The whole procedure involves huge amount of capital investment which is the foremost reason for the price hike in this industry. The prices of the oil and gas can be controlled somewhat by lowering production cost.
There are number of other companies which are investing billions of dollars in this multi-million industry to retain and upturn the production and advancement of oil & gas. Retaining the exploration procedure in an appropriate way is very imperative for the growth of this industry.
At present, oil & gas industry is implementing certain fresh guidelines and expertise to meet the approaching demands and handle the ecological concerns. Production and exploration companies particularly emphasis on discovering hydrocarbon reservoirs, gas wells plus drilling oil then marketing and generating these resources. This whole procedure grows underneath the upstream gas and oil sector.
Translation services in oil & gas industry
In the contemporary age oil and gas industries need to device translation projects with gradually shorter time and from every corner of the world.
Vibrant and all-in-one technical oil and gas translation and localization in several languages is principal to the accomplishment of these widespread, promptly organized companies. Cutting-edge tools and multifaceted procedures demand for high-tech upstream translation and downstream translation jobs and translation supervision tools.
A top translation company should provide oil & gas sector clients certain benefits:
• The paramount wide-ranging group of translators in the oil & gas industry, equipped with industry and target nation proficiency/familiarity. A company should have wide-ranging understanding with translations for all foremost nationwide oil and gas firms.
• A company should have industry specific methods to decrease implementation risk and highest return on investment.
• Precise translation tools for different industries with the best quality and consistent upstream translation and downstream translation solutions

About the Author

TridIndia IT Translation Services Pvt. Ltd. is a leading provider of premium translation services, interpretation services and transcription services. Since 2002, TridIndia is catering translation services to clients ranging from start-ups, SMEs and to large sized businesses. TridIndia excel in providing technical, medical, legal, financial, literal, administrative and commercial translation services. At TridIndia, all translation, interpretation and transcription services are processed by highly professional language experts' specializing in their respective domains.

Oil and Gas Translation Services by Tridindia Pvt Ltd

In the age of globalization the oil and gas industry is one of the most significantly advancing and crucially imperative industry spread all over the world. Oil and gas both are found underneath the surface of earth. These are the most valuable natural resources for producing energy.
The oil and gas industry embraces two sectors: 'upstream'-- the exploration and production part of the industry; then 'downstream'--the part which manages the refining and processing of crude oil and gas produces, their supply and marketing. Companies functioning in the industry may perhaps be having equally upstream and downstream benefits, or may well focus on a specific area, generally identified as an E&P company or an R&M company.
A number of big companies function across many countries and are defined as 'multi-nationals', whereas other minor companies focus on particular areas of the world and are frequently mentioned to as 'independents'. Often, a particular nation has vested its interests in oil and gas in a domestic company, by its name frequently imitating its nationwide parenting. In the upstream area, much dependence is positioned upon service and upon supplier companies who deliver professional technical facilities to the industry, oscillating from geophysical surveys, drilling and cementing, to catering and hotel services in provision of setups. This association amid contractors and the oil companies has promoted a handy corporation, and progressively, contractors are completely combined with the organization and principles of their clients.Importance
Oil and gas industry has affected each and every scope of human life. By the influx of technical advances and studies, the demand of gas and oil industry is growing at a prompt pace. Around 70 to 80 per cent worldwide economic development rest on this industry. Oil and gas are projected to keep on being the leading energy resources for eras to come.
These are the following processes involve in oil and gas industry
¢ Exploration procedure is involved in the foundation of oil and gas
¢ Complete production and development of crude oil or natural gas
¢ Shipping
¢ Marketing and consumers
Every single trade has its distinctive challenges, terms and policies. Oil and gas industry embraces together offshore and onshore energy sectors placed in different parts of the world.
Oil and gas industry general function
¢ Supply of the fuel
¢ Oil platform controller on Sub-sea
¢ Analysis of resource (renewable)
¢ Appropriate controlling of asset
¢ Translation of Radical decorum
¢ Submersible pump checking and pressure temperature gauges
¢ Flow metering of gas, oil, sand, water
The oil and gas industry inaugurates the passage to discover the oil well at the exact positions and excavate gas and oil successfully. These bases are established profoundly inside the earth and appropriate technique must be conceded out at the particular site. The whole procedure involves huge amount of capital investment which is the foremost reason for the price hike in this industry. The prices of the oil and gas can be controlled somewhat by lowering production cost.
Major companies dealing in this industry are- Shell, ExxonMobil, ConocoPhillips, Chevron, Total S A and BP. Russia, USA, Iran, China, Russia are the main producers of oil in the world.
There are number of other companies which are investing billions of dollars in this multi-million industry to retain and upturn the production and advancement of oil & gas. Retaining the exploration procedure in an appropriate way is very imperative for the growth of this industry.
At present, oil & gas industry is implementing certain fresh guidelines and expertise to meet the approaching demands and handle the ecological concerns. Production and exploration companies particularly emphasis on discovering hydrocarbon reservoirs, gas wells plus drilling oil then marketing and generating these resources. This whole procedure grows underneath the upstream gas and oil sector.
Translation services in oil & gas industry
In the contemporary age oil and gas industries need to device translation projects with gradually shorter time and from every corner of the world.
Vibrant and all-in-one technical oil and gas translation and localization in several languages is principal to the accomplishment of these widespread, promptly organized companies. Cutting-edge tools and multifaceted procedures demand for high-tech upstream translation and downstream translation jobs and translation supervision tools.
Tridindia is a premium source of quality translation services for the oil & gas industry. We have a strong alliance with translators in USA, USSR, Ukraine and other major Asian and European countries we are superlatively placed to provide services custom-made to our oil and gas translation clients having particular business targets, which intensifies expansion and generate higher income.
Tridindia dedicates us in translations for Oil and Gas industry. We are expert in translating operation and installation manuals for drilling platforms, seismic studies, drilling expedition reports, performance data of installations, contracts and legal agreements for drilling and pipeline installation and practice.
Tridindia recognize the complications of oil & gas industry--starting from upstream oil and gas exploration to downstream marketing processes--in addition we ensure the right proficiency and means to supply refined, custom-made services for the industry. Tridindia provide our oil & gas sector clients several benefits:
¢ The paramount wide-ranging group of translators in the oil & gas industry, equipped with industry and target nation proficiency/familiarity. We have wide-ranging understanding with translations for all foremost nationwide oil and gas firms.
¢ We have established industry specific methods to decrease implementation risk and highest return on investment.
¢ Precise translation tools for different industries with the best quality and consistent upstream translation and downstream translation solutions. We are simply the best as soon as it comes to realize superior productivities, which ultimately leads to profit maximization to our clients.
¢ Our original, well-known, and outgoing policy let us manage assignments proficiently while building value and reaching targets.

About the Author

At TridIndia, we focus on services we have excelled in(Language translation, Multilingual DTP, Voice over Transcription Dubbing Subtitling, Website localization, Software Localization, CAD services) letting you to implement what you are best at. We provide translation and desk top publishing services in more than hundred languages by means of our authentic qualified multilingual skills. This implicates you can give us a source document and gets it translated, typeset and printed all set for its intended market.

Application of Advanced Technology Has Eliminated Uncertainties Out of Oil and Gas Exploration Process by Abraham John

Natural gas and petroleum deposits remain hidden deep inside earth’s crust. So tracing these natural reserves is quite a complicated process which demands involvement of advanced technology at every step.
Uncertainties which used to mar the oil and gas exploration sector have been taken care of in recent times. With successful application of innovative techniques, it has now become easier to carry out the drilling after accurately tracing the hidden reserve. This was not the scenario even few years back when companies had to conduct the exploration process in quite a crude manner, based on surface evidences only.
The exploration scenario has improved for better in the United States over past few years. This is because the country aims to achieve self dependency in the energy sector. Thus the USA government has also announced special steps and incentives to speed up the drilling process. A more industry-friendly approach has encouraged several production companies to come forward with their exploration programs concentrating in and around Texas.
There are companies like Breitling Oil & Gas which have experienced remarkable success within limited time, only because of their precise application of cutting edge technology. They have successfully modified the seismology technique by introducing 3-D & 4-D seismic imaging concept. This has allowed better interpretation of seismic waves thus resulting in accurate determination of the nature of rock formation. Such advanced technology helps in keeping expenses down by utilizing manpower and other resources economically.
Many companies based in US have taken the help of fracturing to ensure a positive outcome. This is a unique technique according to which a fluid containing sand, water and few additives are pumped into the well. The high pressure helps in creating fracture or fissure in underground rock formation, thus helping oil or natural gas to flow back to the wellbore. While this process is quite effective and cost effective, it has raised environmental concerns in recent time too. As per environmentalists companies which are into oil and gas exploration follow unethical practices and use chemicals which are highly toxic and have the potential to contaminate ground water reserves.
In order to address these issues, several companies based at Texas have taken special steps. Breitling Oil and Gas has come up with hydraulic fracturing which is very much eco-friendly. After in-depth research programs the company has introduced safe additives which can be used during fracturing without any negative effects. Being highly particular in following safety norms, the company aims to generate consumer awareness through its website updates. It provides podcasts and video updates on a regular basis which offer genuine information on what is happening in the oil and gas sector.
Sensing the boom in the oil and gas exploration sector, many investors have expressed their willingness to put money in reliable companies. While it can’t be denied that the drilling sector has its own risks but then with a prudent selection it is possible to ensure a lucrative return and tax incentives too. What is suggested is a thorough research of the drilling company which you are aiming for investment. Explore the company website and talk to its investment consultant to know about their investment schemes.

About the Author

Abrahamjohn is an investment consultant who has done thorough study on investment prospects in the oil and gas exploration sector. The author has shared his knowledge in several informative online articles.

Oil and Gas Players - Sources - Top 10 Oil and Gas Commpanies, Reports, Data, Resources @ Checkonomics by Thomson Peter

Oil and Gas News: April 29-May 3, 2013
Last Updated: 06-May-2013
NORTH AMERICA
1. Chesapeake Energy Swings to 1st-Quarter Profit (May 1, 2013)
Chesapeake Energy has reported first quarter profit of USD58 million as compared to a loss of USD28 million last year. Chesapeake recently witnessed a management overhaul when its long time chief executive and company co-founder stepped down. Significantly, Chesapeake has been able to establish itself as the second largest natural gas producer in the US, next only to Exxon Mobil, by aggressively acquiring new acreage. However, Chesapeake has not been able to reduce its debt as quickly as it had promised.
2. Imperial starts up Kearl oil sands mine (April 29, 2013)
Production of mined diluted bitumen has been reported from the first of three trains at Imperial Oil Ltd.’s Kearl oil sands project. Production is expected to reach 110,000 b/d when all three trains are operational later in 2013. Production from Kearl is expected to double by the end of 2015 and reach an output of about 345,000 b/d by 2020. The ultimate recovery of 4.6 billion bbl of bitumen is expected to be spread over a period of more than 40 years. Imperial holds a 70.96% interest in the Kearl project and is the operator.
EUROPE AND RUSSIA
1. Statoil 'On Track' for 2.5 MMboepd by 2020 (May 2, 2013)
For Q1 2013, Statoil has reported production of 2 MMboepd which is a decrease as compared to Q1 2012’s production of 2.19 MMboepd. Although the company had anticipated lower production, it reduced further due to operational disruptions at three of its fields. The company however said that it managed to deliver record international production. The company further said that it was on track to deliver 2%â€"3% average annual production growth from 2012 to 2016, with production above 2.5 million barrels of oil equivalent per day (MMboepd) by 2020.
2. Lukoil to develop West Siberia license (April 30, 2013)
In September 2014, Lukoil plans to start developing the oil project on its Imilorsko-Istochnoye license in West Siberia. The company is hopeful of starting oil production by March 2015. As per early estimates, the area has 193.7 million tonnes of crude oil reserves.
3. Rosneft, Mitsui sign petrochemical MOU (April 29, 2013)
Japan’s Mitsui and Co. and Russian Rosneft have signed an MoU to together build a petrochemical complex in far-east Russia. The petrochemical plant is expected to have the capacity to process 3.4 million tonnes per year (tpy) of feedstock to produce ethylene and propylene.
MIDDLE EAST
1. Iraqis, Kurds Reach Agreement over Oil Payments (May 2, 2013)
Officials from Iraq have said that there has been an agreement between the Iraqi federal government and Iraq's semi-autonomous region of Kurdistan, which is expected to solve the dispute over payments to foreign companies. Because of the dispute, most of the crude oil exports from the region had come to a standstill. After the provisions of the agreement become operational, Kurdistan will be able to restart export of almost 250,000 barrels of oil per day through and export pipeline controlled by the Iraqi federal government, thereby raising Iraq’s exports to almost 2.9 million barrels per day.
2. Shell in 30-Year JV to Develop Bab Gas Field (April 30, 2013)
Royal Dutch Shell has been selected by the state-run Abu Dhabi National Oil Co. or Adnoc to operate the Bab sour gas field. Shell has entered into a 30-year JV with Adnoc to develop the Bab sour gas reservoirs. Shell will hold a 40% equity stake in the JV while Adnoc will hold the remaining stake. Gas output from the Bab Gas Field will supply the local market in the UAE.
3. EIA: Sanctions reduced Iran's oil exports and revenues in 2012 (April 26, 2013)
According to US Energy Information Administration, in 2012, Iran’s crude oil and lease condensate exports reached the lowest level since 1986. This was due to the tightening of US and European Union sanctions aimed at Iran’s oil sector. In 2012, Iran exported 1.5 mb/d of crude oil and lease condensates which fetched export revenues of USD69 billion which was much lower than that of USD95 billion in 2011.
AFRICA
1. Egypt To Adopt New Oil, Gas Licensing Policy (April 30, 2013)
Egypt’s oil minister has said that the country will introduce a new licensing policy for its future oil and gas exploration contracts signed with foreign companies. As per the new licensing policy, the country will have a larger share of production. Also, Egypt’s share of the output will increase with increase in production. The new policy will however not be applicable to the eight oil and gas exploration projects in the Mediterranean Sea that Egypt awarded earlier in April.
ASIA-PACIFIC
1. Petronet considering LNG imports from US, Canada (May 3, 2013)
Petronet LNG Ltd. is considering importing LNG from Canada and the US to meet the surging energy requirements of India. Petronet is India’s largest importer of LNG. Last month Petronet had signed an agreement with United LNG of the US for purchase of 4 million tonnes of LNG per annum for 20 years beginning from 2018.
2. ONGC's oil production down 6% (May 2, 2013)
For the year ended March 31, 2013, ONGC has reported a drop in crude oil production by 6%. In 2012-2013, the company produced 20.5 million tonnes of crude oil which was almost 5.8% lower than the production of 21.8 million tonnes of crude oil in 2011-2012. The decline in production was due to poor output from its Mumbai High fields. However, the company produced 23.5 billion cubic meters (bcm) of natural gas, higher than that of 23.3 bcm in 2011-12.
3. Essar seeks sovereign guarantee from government for import of crude oil from Iran (May 2, 2013)
Essar oil has asked for a sovereign guarantee from the government of India for importing crude oil from Iran. Essar Oil, that runs a 20 million tonnes a year refinery in Gujarat, has sought the guarantee as global reinsurers are not providing re-insurance for refineries that process Iranian crude and the informal arrangement with local general insurance companies is not sufficient enough to cover the risks. Essar is expecting an insurance cover of USD2.21 billion (INR120) billion while the oil pool can provide insurance of only USD368 million (INR20 billion).
4. Shell, ONGC alliance ahead in race to buy 20% in Mozambique gas block (May 2, 2013)
Indian consortium led by state-run ONGC and global oil and gas giant Shell, are leading the race to buy 20% stake in the huge oil field in Rovuma basin offshore Mozambique. The sale is expected to fetch USD6 billion. Anadarko Petroleum and India’s Videocon Industries are selling 10% stake each in the Rovuma-1 offshore block. Shell is likely to have an edge over the Indian consortium because of its strong financial position and domain expertise.
5. ONGC's US5 billion Kazakh oil deal may fall through (May 1, 2013)
It is being anticipated that ONGC’s USD5 billion deal to acquire US energy giant ConocoPhillips' stake in a Kazakhstan oil field may not materialize. Industry insiders attribute it to the Indian government’s inability to convince the Kazakhstan government to approve the transaction. ONGC had already struck a deal in November 2012 to buy CononoPhillip’s stake in Kashagan but the cabinet is yet to approve the transaction. Kazakhstan may exercise its pre-emption rights to buy ConocoPhillips's 8.4% stake in Kashagan oil field before selling it to a Chinese company.
6. ONGC announces three significant oil and gas discoveries in KG basin (April 30, 2013)
ONGC has announced the discovery of two new oil and gas fields in the Krishna-Godavari (KG) basin blocks and one in a western offshore block. In the KG basin, discoveries have been made in deepwater blocks KG-DWN-2005/1 and KG-DWN-98/2 and in the western offshore block the discovery has been made in the GK-28 Kutch Offshore block. The commercial potential of these new discoveries is yet to be ascertained.
7. Directorate General of Hydrocarbons wants Reliance Industries to give up 86% of KG-D6 area (April 28, 2013)
The Directorate General of Hydrocarbons has indicated that RIL should give up 86% of its KG-D6 gas block area as RIL has crossed the time limit given to it to develop the area. This includes relinquishing 8 gas discoveries worth at least USD5 billion.

About the Author

Oil and Gas Players - Sources - Top 10 Oil and Gas Commpanies, reports, data, resources @ Checkonomics

Thursday, January 24, 2013

Know about oil and gas investments before putting your money into the sector by adamsperez


While looking for investment opportunities, it is always advisable to look for sectors which can ensure steady and stable income. Oil and natural gas are few such sectors which have generated good returns over a long period.
We just can’t imagine a growing economy surviving without the natural resource, oil. In fact, we have to depend on natural resources like oil and gas for regular day-to-day activities. This is why global oil consumption has reached its peak thus resulting in high demand for oil and natural gas production.
Many US based companies are doing really well in this sector, ensuring steady production activities. Breitling Oil and Gas is one such company which has not only strived in the field of oil and natural gas exploration and extraction, but it has also extended investment opportunities to their willing investors. This company is one of the largest independent oil and natural gas companies in the U.S. The company has rich reserves throughout major basins in North America. The company’s exploration activities are mainly focused on profit generating production to existing core areas. They have also concentrated on developing potential new core areas. It supplies liquid hydrocarbons and natural gas to the vast energy market spread worldwide.
Oil and gas investments in this organization have reaped rich benefits to its investors. The reason is this company’s application of latest computerized techniques which ensure maximum success from their drilling operations. Breitling was founded in October 2004 with the main aim of applying state-of-the-art petroleum and natural gas exploration and extraction technology which will help in developing onshore oil and natural gas projects. For their exploration activities, they have focused on areas like Texas, Oklahoma and Louisiana. The company further holds ownership interests in both operated and outside-operated leases in countries like Canada, Europe and Middle East.
Breilting has offered highly convenient oil and gas investment opportunities through direct participation programs. Further, oil and gas direct participation working interest enables investors to participate in the potential cash flow which can be really attractive. Besides, they can also avail of unique tax benefits associated with oil and gas investments. These are investment opportunities which allow savvy investors to diversify their investment portfolios into a stable commodity market that is in steady demand.
Not only lucrative returns but direct participation in oil and gas sector can generate several tax benefits too. These benefits can be large up front deductions the investor can claim for intangible drilling costs (IDC). Further, they can avail of tax credits for the development of certain types of tight formations. Such deductions are mainly generated from the cost of non salvageable equipments or services which are conducted during different phases like the drilling, testing, and/or during completion of the well.
Though investments in oil and natural gas drilling programs are considered high risk, these can ensure significant returns and substantial tax advantages. To add to this, domestic oil and gas development can make the country more self-sufficient in energy production and reduce its dependence on foreign imports. By investing in a reputed company like Breitling Oil and Gas, investors can reduce the risk factor related to such investments. Their high tech drilling activities are aimed at reducing labor expenses, drilling rig time, etc. This ensures generating steady income on investors’ money.
Before investing on the oil and natural gas sector, it is always advisable to do some study of the company profile and assess its success rates. This can be done by visiting the company website to know more about its drilling and exploration activities. 

About the Author

Adam Sperez is an investment consultant who has vast knowledge about commodity market. He has written several online articles on Oil and gas investments and related sector.

Oil and Gas Stocks - Boom or Bust? by Sebastien Wright


For an investor that is interested in investing in the oil and gas sector, there are several options available. You could go the more traditional route of investing in mutual funds that invest in oil and gas or buying shares of an existing oil and gas company. You could also do something more unconventional such as buying your own oil and gas well or investing in oil and gas futures. Each one of these options are definitely within the oil and gas sector however they are all consideraby different and would require expertise in an the area that interests a potential investor.
In terms of the energy sources available to us today, fossil fuel still remains the most widely used form of energy. There are the obvious uses of petroleum products such as the gas that we burn in a vehicle or the natural gas/propane used to fuel some cooking appliances however there are also the more subtle uses of fossil fuel such as the synthetic fibres in your carpet or the nylon material of your jacket. Petroleum products are used in virtually every material we have today whether that is in the direct manufaturing process or peripheral activities such as the transportation of goods. Because fossil fuels are so widely used, many people feel that investing in this sector is a prudent idea.
Purchasing oil and gas stocks is one of the easiest ways of accessing investments in the energy sector. Most investors do not have the capital available to invest in their own oil and gas well for example and many investors also have not had the best experience overall with investing in mutual funds. Once again, because of the factors listed above, investing in oil and gas stocks is accessible to most investors.
Investing in oil and gas stocks takes some education and research as it would with any other investment. If there is an energy company that you are potentially interested in as an investment, there are some key factors to consider regarding the company before investing. An eample of this would be considering where the company has the majority of it's oil and gas holdings. A company in North America or another relatively stable region politically may be considered less risky that a region that is used to experiencing turmoil.
Focusing on a key area within the broader oil and gas sector may be another thing to consider when investing in oil and gas. Some of the more specific areas to consider within the energy industry may be oil and gas service companies, exploration companies, transport companies and companies that are engaged in refining petroleum products. Choosing one of these areas will likely allow you to narrow your scope and focus your research.
No matter which area of the oil and gas sector you choose to invest in, research is another item to consider. There are many ways to research the industry in general and specific areas or companies. There are likely books in your local librabry, online research firms, industry newsletters, radio and TV programs, etc. Even reading the business section of your local newspaper is often a very effective means of gaining insight into the petroleum industry.
If investing in oil and gas stocks is of interest to you, another thing to consider is specifically how you will invest in these stocks. You can join investment groups that invest in stocks, use a traditional brokerage firm or review many of the online trading options that would allow you to purchase stocks online. Many options are available so once again, choosing the means of investing that works best for you is suggested.
In summary, the world's appetite for fossil fuels is likely not going to diminish in the near future. Because of the likely longevity of this industry, many investors are looking to capitalize on the potential returns through oil and gas stocks. As with any investment, there is considerable risk associated with oil and gas stocks so getting educated and perhaps professional advice can never be a bad place to start.

About the Author

To download a free investment report, visit this website.

You can also visit this site to learn more about Gold Stocks.

Getting an edge in careers of oil and gas by Jermaine Chesly


Oil and gas industry is indeed the product of industrialization. Annually the demand for oil and gas increases, its movement really affect the world market. It is really wise to engage in this business but like any other field it also requires knowledge to keep an edge from all the high yielding companies all over the world.
Several growth oriented oil and gas companies with oil & gas assets located in anywhere in the world is currently focusing on development and growth of its extensive gas where capital over the life of the project could exceed to billions and production has grown. It is a domino effect, Oil and gas jobs opportunities will also increase due to the increasing demands and increase investments of oil companies. The quick and easy way to the world's oil and gas jobs is applying online. You may find several web pages offering variety of work according to your expertise.
There are several careers in oil and gas nowadays but like any other profession it needs training and augmentation to be productive in your chosen area. One of the easiest way to improve your knowledge thus improving your skill as well is through attending oil industry events and trade shows.
Oil industry events fully vested in maximizing your success through industry involvement and well-focused solutions that drive operational efficiencies and competitive advantages for the oil and gas enterprise. Oil trade shows organized by their proximity. If you already know the name of the show you would like to obtain more information about, you can use the net to learn more about it like new oil equipment's. You can also place to buy and sell new and used oilfield equipment in the oil and gas industry. You may also receive daily email reports of all new equipment and information about drilling for oil and gas.
Immersing yourself with Gas and oil news will let you know the high yield development in the oil and gas industry. Oil news is a form of getting an edge in this industry. The online tradeshows combines our proven self-management model with the powerful functionality of oil equipment's and drilling knowledge, improve the way you make decisions and to help you manage everything from strategic initiatives to everyday tasks. It teaches you how to maintain your edge by being both productive and effective in oil and gas industry. Investing in oil news let you know that as the economy and energy prices stabilize, drilling becomes a more convincing proposal. Obtaining this information about financing for oil and gas development may seem like fostering hope to everyone.
You are at the forefront of linking oil and gas industry with information. There are several conferences, workshops and courses offered online just a click away from you. These are designed to help you make informed decisions and remain in the cutting edge of oil and gas industry. So what are you waiting for? Take advantage of these courses and conferences to help you keep up-to-date on the latest developments in gas and oil industry today.

About the Author

If you want information about Oil and Gas Companies, RigHands.com has all the news about Oil and Gas that you're looking for. Visit RigHands for information about Careers in Oil and Gas and more.

Oil and Gas jobs are worth considering by Jermaine Chesly


Oil and gas is one of the leading industries several years, the main reason why professional training and competence are key success factors in maximizing up time and ensuring safe operation. Oil and gas companies are always looking for workers with an edge. You may browse through the net the oil jobs and find the one that's right for you. You can even choose to attend recruitment events and meet employers.
You can find hundreds of gas jobs online. Many companies are looking to pair qualified professionals, engineers and executives with them. Several companies have jobs that cover every aspect of the industry. You can regularly find job openings in the fields of engineering, drilling, and refinement along with a range of management and office positions. It's easy to find the gas job that best suits your needs and qualifications.
Whether you are a new high school graduate looking for career inspiration or you are an employer searching for resources on improving strategies, you are sure to find useful information in the careers in oil and gas.
If you want to know the real deal about working in the oil and gas industry, you may first hear the feed-back from people that know best through the experience as field and office workers. They may tell you about their typical days on the job. If you are interested to learn more, then make sure to read the step-by-step checklists and click on the helpful links to programs in the net and services to help people jump start a career in this industry.
Oil trade shows will showcase all types of oil and gas manufacturing technology, oil and gas exploration and production technology. It will also show manufacturing technology, oil and gas machines, offering products and services, exploration and production technology, oil and gas pipeline machines and technology, construction and engineering technology, oil and gas plant safety technology, etc. The inclusion of participating in oil industry events already operating in the sector is a strategic addition and it will surely build your edge.
Due to the continuous development of technology, a vast range of new and used oil equipment is in the market today. You can find these on gas and oil news. In oil news, you may find online listing of equipment that is kept current to provide you with up-to-date information on drilling for oil and gas equipment that are available.
You may discover a variety of informative materials on careers in oil and gas, and employers will find resources to help their companies build a skilled workforce. The oil and gas industry employs over hundred thousands of people all over the world. With the help of online resources, you too can begin to embark on a long and rewarding career in oil and gas.

About the Author

If you want information about Oil and Gas Companies, RigHands.com has all the news about Oil and Gas that you're looking for. Visit RigHands for information about Careers in Oil and Gas and more.

Efficient and Safe Fire Protection for Oil and Gas industries by Shanegooch


The technical equipment is expanding the manufacturing capabilities of the production, refining and transport companies, with the processes of monitoring and control being increasingly automated. In this case, the risk of fire is always there.
Until recently, the gas-based fire suppression systems have been the only option for extinguishing any complex process-related systems. The idea is to create such conditions in the combustion area where no flame could exist. In this respect, it is possible to avoid mechanical stress on the protected facilities, and the damage due to ingress of water, foam or powder. The major constraint to a more widespread use of the gas-based fire suppression systems at the oil and gas industry facilities is the danger posed by this solution to the personnel, who might be in the room at the time of the systems actuation, as well as a serious environmental hazard from the traditional agents for the gas-based fire extinguishing. Carbon dioxide and halons are the typical examples of traditional gas-based fire-extinguishing agents. But why are they so dangerous? Carbon dioxide is available in small quantities in the surrounding air, but to extinguish a fire with it, one would have to create a very high concentration of about 40
percent or more. With this concentration in the air, too little oxygen is remained to support the flame. Also, not much is remained for the breathing either, as firefighting takes place at the lowered oxygen concentration down to 8-9 percent, while the lethal threshold, according to NASA, is 12.3 percent. Yet, the carbon dioxide itself in concentrations of more than 5 percent can cause respiratory failure, loss of consciousness and life. In fact, this threshold is eight times lower than the effective fire extinguishing concentration. The same applies to other “inert” gases, which have traditionally been used to extinguish fire. Surely, a decision like this cannot be called a safe one.
A real breakthrough in the gas-based fire suppression ensued after discovery of some fire extinguishing properties of the engineering chemistry product called Freon which was not successful in quenching the fire. So research continued and ultimately it was great success for researchers.
For today’s environmentally and cost conscious oil and gas industry, this creates two challenges. The first is to achieve effective fire protection for workers and property without increasing their carbon footprint. The second is to minimize facility lifetime costs by avoiding systems that may need extensive modifications or replacement to meet future regulatory requirements. Fortunately, there is a solution to both of these problems, and it’s one that also brings oil and fire gas protection to these industries. The solution is fire suppression system. It is formulated to extinguish by cooling, so it knocks down fires quickly, minimizing the risk of spreading. It is suitable for delivery by flooding, and its non-corrosive, non-conductive properties allow it to be also used to protect sensitive equipment such as telecommunications and computer installations.

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For more information on dry chemical fire systems and oil and fire gas protection, please visit http://fire-suppression-systems.com/

Need For Workers And Engineers In Oil And Gas Industries by Stevesinclair55


With rise in demand for oil in some major countries in the past few years, the future of oil and gas industries looks pretty bright. With the rising demand, people need to come up with more rigorous plans and ideas in these industries and there's a tremendous amount of manpower required as well to keep up to the demands of the world's requirements.
What are the problems faced by oil and gas industries these days?
The main problem that's happening in the oil and gas industries has got nothing to do with demand. Demand is up and good but there are hardly any new workers or engineers or technicians willing to work in these industries. To make things work, many existing workers are also leaving their jobs at these industries.
Why do people prefer not to work for oil and gas industries these days?
The present working generation, which is mostly comprised of people born in the late 80's and early 90's are becoming the working generation now. But the problem is that most of these people are going into the IT sector. The job prospective, salary and incentives are better there so they are taking better opportunities.
Why are the existing workers leaving?
The compensations and profits in the working sector for people in these is too less as compared to other sectors in different industries. They are not getting much benefits working in the these industries so they are going forward to better opportunities.
More people needed
Such are the basic problems faced by the oil and gas industries. The rising trends in the oil in gas industries need some serious HR in oil and gas sectors of the world. There is a lot of promise out there for better productivity, new techniques and better profits but no one is willing tow work here anymore. With such good future plans set out and rise in demand, people need to understand how lucrative and important these industries are. After all, all the fuel the world needs comes from oil and gas industries itself so its but needless to say that this is good business.
In the past few years, there has been tremendous demand for fuels and the oil and the gas industries can gain a lot of profit, like never before, thanks to the growing demands. But entire is only one problem. There is hardly any work force in the oil and gas industries. There are new prospective areas to be explored (like in some areas of Alaska) and for that man power is needed. With so much promise waiting for the oil industries but decrease in manpower, it's like keeping a lucrative project on hold. That's why proper oil and gas HR is highly required in such times.

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For more details about oil gas hr summit | HR in Oil and Gas

The Problems Faced By HR In Oil and Gas And How To Solve Them by Stevesinclair55


The Human Resource department in the oil and gas sector is under a serious talent void trouble. Various survey reports and interviews of the HR personnel from the oil and gas industry has revealed that the sector is going through skill shortage issues greatly. As per the HR in Oil & Gas, a great proportion of their leading workforce, say around 51 percent is about to retire soon. It certainly calls up the need of recruiting new and able employees. But the catch is that most of the potential employees from current generation are lured by the booming sectors of IT & Outsourcing and hardly concentrate on the traditional industries of oil and gas.
Now, how to overcome the issue? The primary thing is to make the Gen Y aware on the significance of the oil and gas sector. As the modern genre is highly influenced by the social media sites, putting up advertisements, focusing on the positive impacts of working in oil and gas industry could be an effective step. The market reports show that in 2011, nearly 40 percent of the hires in the oil and gas industry were the direct result of advertisements, both online & offline. Besides, candidate focused recruitment pitch is also necessary to hook up potential candidates to the sector.

Employee retention seems to be another big issue for Oil & Gas HR. Candidate centric training approach seems to be a viable strategy here which won’t make the candidate feel unaligned with the objectives of the industry.
As oil & gas features global workforce, naturally, the one-size befits all technique won’t work here. The HR department in the oil and gas space has to come up with culturally appropriate customized training approaches that would be able to achieve the effective commitment and involvement of the workers from various cultural backgrounds towards the industry. Increased and flexible compensation facility is needed as well. A large number of HR professional from the oil and gas sector reported that enhanced compensation is one of the most vital solutions to keep the employees attached and loyal to the companies.
The oil and gas industries of the world are always unpredictable. The rise and fall in demand is always there but in recent times, rise in demand for oil in countries like china, brazil and India has changed the course of action for the oil and gas industries all over the world. A small change in such situations creates a global impact.

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For more details about oil gas hr summit | HR in Oil and Gas

Palm Oil and the Green groups' faulty navigational system by palmoiltruthfoundation


Have you ever wondered how an airplane pilot knows how to get from point A to point B whilst flying through the vast expanse of empty skies?
Most likely, he uses VOR, short for VHF Omnidirectional Radio Range, a navigational system invented in the early fifties. It still guides many aircraft to their destinations today. The pilot sets the course of the aircraft on his dial. If the aircraft drifts from that set course, the instrument will show the pilot that the plane has deviated, so he can take corrective action to align the aircraft to the set course again.
Green groups like Greenpeace and Friends of the Earth are so badly off course with their anti-palm oil campaigns, that unless they take corrective action their misguided actions will result in unintended consequences.
Close to 40% of palm oil production in Indonesia and Malaysia are produced by smallholders, the latter the product of a land distribution and successful poverty eradication scheme launched in rural Malaysia in the 60s called FELDA schemes.
More than 3 million workers in Indonesia and more than a million in Malaysia depend on the palm oil for jobs and their livelihood.
Says Malaysian Nature Society president Tan Sri Dr Salleh Mohd Nor: "Public trust and integrity are the essence of any NGO should we want to stay true to our purpose and remain relevant in today's context."
"In the last decade, we've seen an increasing presence of foreign green NGOs in Southeast Asia.
"The objective of these foreign green and animal rights NGOs in setting up affiliates here is questionable," he told the New Straits Times in an interview.
"In fact, we don't agree with Greenpeace, FOE, Wetlands, Sawit Watch and WWF's biased approach, specifically their anti-palm oil lobby Dr. Salleh said.
Examples include Amsterdam-based Friends of the Earth (FOE) giving financial support to Sahabat Alam Malaysia, Swiss-headquartered WWF funding anti-palm oil lobbyist Wetlands, which in turn contributes to Global Environment Centre, a non-profit organisation set up in Malaysia to support the protection of the environment and the sustainable use of natural resources.
There is also the UK-based Oxfam International giving money to Indonesian NGO Sawit Watch that purports to "highlight the negative social and environmental impacts of oil palm".
"We're a green NGO but we do not lobby against select industries or seek representation at negotiating tables to set up trade barriers disguised as environmentally-friendly me-asures."
Admitting that he did question the agenda of the environmental NGOs, Dr. Salleh clarified a week later that his statement had been largely taken out of context when he issued the statement.
The newspaper had since published denials from Wetlands International and Global Environment Centre that they were fronts for the anti-palm oil campaigns.
In response to this public spat among the anti-palm oil NGOs in Malaysia, UK-based Progressive Vision Director and Green Monitor Campaign Founder Shane Frith released the following statement:
"Green Monitor condemns Western activists for ignoring the warning at Copenhagen that any effort to impose environmental regulations which obstruct efforts to reduce poverty will fail.
Instead of listening to the developing world, bickering has begun among various NGOs such as Wetlands International, World Wide Fund For Nature (WWF), and Global Environment Centre - feverishly denying receiving financing from one other and funding anti-palm oil campaigns in Malaysia.
"Headlines over this 'green' he-said-she-said continue to overshadow the reality that palm oil - the commodity at the center of this funding dispute - is vital for alleviating poverty in the developing world and is an effective tool for managing greenhouse gas emissions. Green Monitor's research has shown that the palm oil industry employs over 5 million people in Southeast Asia, and anti-palm oil efforts by the European Union and these NGOs will deny palm oil workers the opportunities to secure wealth and increase living standards. Amidst this media drama and NGO in-fighting, it's the poor in the developing world who have fallen victim.
"Activist NGOs - specifically Friends of the Earth, Greenpeace and WWF - have intensified anti-palm oil activity singling out this important industry for inaccurate claims that palm oil contributes to deforestation and have urged companies to cease palm oil use in products. These NGOs would be more productive if they end such campaigns and work together to foster greater economic growth in the developing world. It is hypocritical of these western NGOs to be lecturing nations such as Malaysia.
"Green Monitor's report in September last year, dramatically demonstrated the consequences of these organisations' past errors. Previous campaigns in the developing world have led to the deaths and impoverishment of many. Governments - in both the developed and developing world - would be best to ignore the advice of these zealots."
In the final analysis, the green NGOs owe a responsibility to their fund donors and supporters to ensure that their agenda be strictly non-partisan.
The Palm Oil Truth Foundation takes the view that fear mongering and smear campaigns are neither warranted nor a constructive platform from which to deal with the putative problem of reconciling a legitimate economic activity for a developing country versus out and out conservation. All parties - environmentalists and the palm oil industry should work together to find solutions that are fair to all. THE END.

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Palm Oil Truth Foundation is an international non-governmental and not-for-profit organisation, without strings to the world of commerce and power. We are a people organisation, organised for the people and founded upon the principles of integrity and responsibility as a global citizen with the sole purpose of representing TRUTH to the global community about health, environmental and economic benefits of palm oil.

Good Things To Know About Oil And Gas Engineer Jobs by Dalvin Rumsey


People who get to work as engineers in the oil and gas production are usually very well trained professionals. There are many things an engineer can be responsible for. For instance, a drilling engineer has to make sure the drilling of wells goes well, and also provide engineering support for all stages of oil and gas extraction. This includes planning and drawing up the drilling program, monitoring safety and providing on-site support. The drilling engineer must analyze the performance of the drilling and the factors that may sometimes influence the cost and the efficiency of the process as a whole.
The reservoir engineers are the ones to estimate the amounts of oil and gas that could be taken from the rock of the reservoir. They are asked to draw up plans in order to be able to extract as much as possible, as you might have already guessed by now!
Oil and gas engineers work in offices that are usually situated onshore. There, they must spend some 40 hours each week. This is not like working offshore, where the working schedule is usually 12 hours on and 12 hours off for two weeks. The rest of the month, they are being left onshore. The salaries are quite good in this particular field. The work of an oil and gas engineer requires that the person has skills for solving any problem that might occur and work well in a team or being able to lead one. Oil and gas engineers must have a scientific approach to their work and be prepared to work away from home from time to time. These persons must also be responsible and safety-conscious. The most important thing is that they are interested in protecting natural resources and the environment while meeting the demand for oil and gas.
There are many types of employers that may be able to offer jobs in this field. Should it be an operating company or a drilling company, the jobs keep on flowing. There are many other companies that can provide jobs in the oil and gas field. Some of them are engineering consultancies and service companies, for instance the seismic exploration firms or the well service firms.
So, an oil and gas engineer must have a postgraduate qualification, and most of all, he must be rather young of age, as it is very difficult to start working in this field when you are in fact close to 50.

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HirednotFired - Oil And Gas Job Search - Free Job & Resume Posting - Engineer Recruitment and Procurement. Your one stop for Oil Jobs.

Know about oil and gas investments before putting your money into the sector by adamsperez


While looking for investment opportunities, it is always advisable to look for sectors which can ensure steady and stable income. Oil and natural gas are few such sectors which have generated good returns over a long period.
We just can’t imagine a growing economy surviving without the natural resource, oil. In fact, we have to depend on natural resources like oil and gas for regular day-to-day activities. This is why global oil consumption has reached its peak thus resulting in high demand for oil and natural gas production.
Many US based companies are doing really well in this sector, ensuring steady production activities. Breitling Oil and Gas is one such company which has not only strived in the field of oil and natural gas exploration and extraction, but it has also extended investment opportunities to their willing investors. This company is one of the largest independent oil and natural gas companies in the U.S. The company has rich reserves throughout major basins in North America. The company’s exploration activities are mainly focused on profit generating production to existing core areas. They have also concentrated on developing potential new core areas. It supplies liquid hydrocarbons and natural gas to the vast energy market spread worldwide.
Oil and gas investments in this organization have reaped rich benefits to its investors. The reason is this company’s application of latest computerized techniques which ensure maximum success from their drilling operations. Breitling was founded in October 2004 with the main aim of applying state-of-the-art petroleum and natural gas exploration and extraction technology which will help in developing onshore oil and natural gas projects. For their exploration activities, they have focused on areas like Texas, Oklahoma and Louisiana. The company further holds ownership interests in both operated and outside-operated leases in countries like Canada, Europe and Middle East.
Breilting has offered highly convenient oil and gas investment opportunities through direct participation programs. Further, oil and gas direct participation working interest enables investors to participate in the potential cash flow which can be really attractive. Besides, they can also avail of unique tax benefits associated with oil and gas investments. These are investment opportunities which allow savvy investors to diversify their investment portfolios into a stable commodity market that is in steady demand.
Not only lucrative returns but direct participation in oil and gas sector can generate several tax benefits too. These benefits can be large up front deductions the investor can claim for intangible drilling costs (IDC). Further, they can avail of tax credits for the development of certain types of tight formations. Such deductions are mainly generated from the cost of non salvageable equipments or services which are conducted during different phases like the drilling, testing, and/or during completion of the well.
Though investments in oil and natural gas drilling programs are considered high risk, these can ensure significant returns and substantial tax advantages. To add to this, domestic oil and gas development can make the country more self-sufficient in energy production and reduce its dependence on foreign imports. By investing in a reputed company like Breitling Oil and Gas, investors can reduce the risk factor related to such investments. Their high tech drilling activities are aimed at reducing labor expenses, drilling rig time, etc. This ensures generating steady income on investors’ money.
Before investing on the oil and natural gas sector, it is always advisable to do some study of the company profile and assess its success rates. This can be done by visiting the company website to know more about its drilling and exploration activities. 

About the Author

Adam Sperez is an investment consultant who has vast knowledge about commodity market. He has written several online articles on Oil and gas investments and related sector.