330-725-4949 ext. 122

August Oil & Gas News Roundup

In August, the oilfield service sector added more jobs, the industry is striving for less carbon emissions, California is building temporary gas plants and the ConocoPhillips project has been voided. Continue reading our oil and gas news round up to learn more about what’s happening in the industry this month.

Oilfield Service Sector Adds Jobs for the Fifth Straight Month

America’s energy technology and services sector added an estimated 6,082 jobs–which is a fifth straight month of growth. The growth continues after the sector added more than 32,000 positions over the preceding four months after hitting a pandemic low of 591,413 jobs in February.

To learn more about check out oilandgas360.com’s article here.

More Energy and Less Carbon

The oil and gas industry is facing societal pressure to clarify its role in a low-carbon future. Yet at the same time the IEA expects global energy demand to increase by 4.6% in 2021. The IEA’s report covers how the industry can address the dual challenge of meeting global energy demand whilst reducing emissions, improving production sustainability, and explores future opportunities such as offshore renewables.

For more information click here.

California Builds Temporary Gas Plants

The California Department of Water Resources is in the process of procuring five temporary gas-fueled generators that have individual capacities of 30 megawatts. The units will be installed at existing power plants and are expected to be operating by the middle of September. The move comes after California Governor Gavin Newsom declared a state of emergency for the power grid on concern about supply shortages during hot summer evenings when solar production wanes.

Check out rigzone.com for the full article on this topic.

Judge Voids ConocoPhillips Alaska Project

The approval of a ConocoPhillips oil field project on Alaska’s Northern Slope was rescinded by a federal judge who said it failed to adequately protect polar bears and didn’t properly consider the effects on climate change. Federal officials also failed to properly consider the Willow project’s possible harm to Teshekpuk Lake.

To get the inside scoop on this project check out oilandgas360.com.

Reach Out to Tiger General

We hope you found our August oil and gas news roundup interesting. If you need a new piece of equipment, fill out the Tiger General Truck Inquiry Form today!

Leave a Reply

Your email address will not be published. Required fields are marked *