Post Tagged with: "green energy"

Oil Prices and Jobs: What will Move the Needle Next?

Oil Prices and Jobs: What will Move the Needle Next?

Oil & Gas 360® Industry Leadership Survey Results Oil & Gas 360® completed a survey of industry executives last week. The survey was offered to 3,000 current industry leaders working at the highest level. The purpose was to gather the views of chief executives and other c-level officers at E&P, OilService, midstream and related companies as to what they believe will be the next catalyst to move commodities prices, what job titles the industry will fill in 2016 and what oil price would start a hiring boom, and send industry employment back to 2013 levels. Seventy-five percent of the survey respondents were C-suite oil and gas company executives. The remaining 25% were predominantly from financial institutions serving energy companies. The universe of respondents included c-suite and other highly placed executives from the following company categories: 2% Integrated Oil Company 36% E&P Company 15% Oilfield Service and Technology 1% Midstream 9% Buyside[Read More…]

Where You See a Depleted Oil Well, Quidnet Sees Green Energy Storage

Where You See a Depleted Oil Well, Quidnet Sees Green Energy Storage

With Hollywood seed funding, startup is testing abandoned oil and gas wells as grid-scale energy storage solution for wind and solar generation “Our goal is to get to a cost point that’s potentially lower by a factor of about ten times than the batteries that you read about in the popular media, especially from companies like Tesla,” Aaron Mandell, Quidnet founder Fossil fuels may consist of the majority of global energy consumption, but every year green energy continues to grow its footprint. In BP plc’s (ticker: BP) 2015 Statistical Review of World Energy, green energy–renewables–accounted for about 33% of the increase in primary energy use. The form of energy has more than tripled in popularity in the last decade and now accounts for about 3% of energy consumption worldwide. The Energy Information Administration believes domestic energy demand will grow at an annual rate of 0.3% through the year 2040. Scientists, geologists[Read More…]