/r/oilandgas
Oil and Gas industry news.
Oil and Gas industry news.
/r/oilandgas
In my refinery my burned black oil feedstock is a mixture of said black oil, diesel and water normally, but my operators are telling me that something is off with our current feedstock, they say that it's contaminated with marine oil, furnace oil and sometimes cooking oil...
How can differentiate between them all? Is there some sort of a test that we can perform?
High profitability:7%
I need an oil broker to find us deals with buyers. We have a seller’s mandate and everything is ready on the seller's side. If you're interested in earning a cut, please DM me, and I’ll send you the procedures with more information, thanks.
Hey guys, I already posted about this settlement, but since the deadline is next month, I decided to post it again. It’s about poor environmental control issues they had a few years ago.
For newbies, a few years ago, Cabot was accused of failing to fix their gas wells properly, which led to gas getting into Pennsylvania's water (even faced criminal charges over this). Obviously, when this news came out, $COG dropped and investors filed a lawsuit against them for poor environmental controls.
The good news is that now, after all this time, $COG agreed to pay a $40M settlement to investors over this situation. The deadline is next month, so you got hit back then, you can check it out here and file for it.
Meanwhile, COG already publicly admitted responsibility for what happened. And agreed to build a public water system that will provide clean water to the impacted people, along with a pledge the company will cover water bills for 75 years.
Anyways, do you think this is enough for what happened? And, has anyone here been affected by this?
I am a manager of a recycling oil plant in Africa, black burnt engine oils to be exact, I produce around 20 tons of oil a day, I received the position very early because my trainer had to quit the job due to family problems.
The recovery of the oil dropped from 70% to 50%, I am getting more and more residue with everybatch, I used to get around 14000 liters of oil every batch with 2000-3000 liters of residue, and now I get 5000+ liters with every batch.
Can someone help me? Whatever specifics you need I'll provide.
Following up on the last advice I got. I managed to sell a contract of a few million barrels a month for some oil and now have a decent revenue stream. I ran into the son of the president of a small developing nation at a party and befriended him, and reached out to sell him some oil. His country is getting screwed by big oil companies in collusion with their oligarchs, and I suggested that he should start a gas company that would handle the logistics and procurement for his country. I have to present a proposal to the president in three weeks but I don’t know the process for how to start an oil company. Can anyone help me?