Data from EIA shows that hydraulically fractured horizontal well have contributed significantly in US oil production, since last few years. These have accounted for most of all new wells drilled and completed since late 2014, which is expected to peak in 2018
As there is lot of talk going around on future shared service mobility disrupting car ownership base in automobile sector, Voxwagen’s MOIA has actually gone ahead to make a six seater electric vehicle suitable for ride share and tailor-made for pool. This was introduced in TechnoCrunch disrupt Berlin recently. The vehicle comes with features like individual seat and lighting, wifi, luggage space for comfort of each passenger. Also, a customer facing app would help to book the ride etc.
Oil majors like BP, Shell, and others are planning to develop a blockchain based digital platform for energy trading. A consortium has been formed which also includes Statoil, Gunvor, Koch supply and trading and Mercuria. It is evident that the technology will cut cost significantly in oil trading.
The red and green at the backdrop of white, is the color theme of every Christmas. Although, snow is the flavor of the season and a snowy Christmas is what everybody wants, it looks like snowing way too much, even in places where it is not expected to. There is surely some concern on how climate is changing in this planet! WEI, as every responsible citizen of this world, stands with Paris convention, for a cleaner and sustainable planet of…
GE announced a record breaking efficiency for its new 9HA.02 series Gas Turbine, this week at POWER-GEN International in Las Vegas, US. The new model also offers a very high flexibility in operation, featuring a fast ramp up suited to the requirement of present grid scenario. Characterized by an easy installation and easy maintenance, 4-stage turbine has a superior technology of 3D aerodynamic hot gas path, cooling and sealing improvements, single-crystal and directionally solidified blades, and double-wall casing for improved clearance control, 14-stage advanced…