Innovation

New infrared cameras helping regulators detect invisible gas leaks

Innovation

FLIR cameras make visible potentially hazardous gases that otherwise would be invisible to the naked eye FLIR GasFindIR infrared cameras, which use thermal technology to trace and visualize volatile gases, have been used by the Alberta Energy Regulator since 2007 to help detect oil and gas field fugitive emissions, but the technology is now better and cheaper. Here […]

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Vehicle efficiency spurs premium gasoline sales, octane demand: Kemp

Innovation

Increasing number of vehicles sold with engines requiring premium gasoline to run without damage By John Kemp LONDON (Reuters) – Pressure to improve vehicle fuel efficiency is driving an increase in the sales of premium gasoline and boosting demand for high-octane blending components in the United States. Premium grade accounted for more than 1 million barrels per

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Global automotive technology to create $350B in opportunities – IHS

Innovation

Automotive technology costs should decrease as volumes increase and further technology refinements are in place SOUTHFIELD, Mich. – Fuel efficiency, weight reduction, advanced safety technologies, human machine interface, lighting and consumer comfort features will drive $350 billion USD in incremental automotive supplier business opportunities, by 2021 — but not without initial challenges, according to a

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Nanotechnology growing drilling, completion fluids market until 2020 – Technavio

Innovation

Synthetic drilling and completion fluids is expected to grow USD $2.40 billion by the end of 2020, a 6% CAGR The global drilling and completion fluids market is expected to reach USD$16.65 billion by 2020, growing at a compound annual growth rate (CAGR) of approximately 7 per cent, according to the latest market study released by Technavio.

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Cummins and Peterbilt team up to develop SuperTruck II

Innovation

Cummins, Peterbilt looking for 100% improvement in “freight-ton economy” COLUMBUS, Ind. -Cummins Inc. announced it will partner with Peterbilt Motors Company, a division of PACCAR to develop and demonstrate technologies under the US Department of Energy SuperTruck II program. The DOE will fund four projects to develop and demonstrate cost-effective technologies that more than double the freight

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Faced with cash crunch, Tesla plans to raise additional funds this year

Innovation

Tesla funding development, production, battery factory build Aug 31 (Reuters) – Facing a severe cash crunch, Tesla Motors Inc plans to raise additional money this year to help fund development and production of its new Model 3 sedan and build out a giant battery factory, the company said on Wednesday. The electric carmaker plans to

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Drilling data management systems market to grow 12% by 2020 – Technavio

Innovation

Areas in Middle East, Gulf of Mexico, and North Sea seeing drop in production rates over past few years LONDON – Technavio analysts forecast the global drilling data management systems market to grow at a compound annual growth rate (CAGR) of around 12 per cent during the forecast period, according to their latest report. The research study covers the present scenario

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40 million light duty natural gas vehicles expected on roads by 2025 – Navigant Research

Innovation

Increasing regulation of emissions, fuel consumption and other factors expected to influence slower NGV growth rates, report finds BOULDER, Colo. – A recent report from Navigant Research analyzes the global market for natural gas vehicles (NGVs), including forecasts, broken down by vehicle segment, alternative drivetrain, and region, through 2025. In the past decade, increased hydraulic

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