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Charles McConnell: Don’t Worry About Low Oil Prices

Charles Mcconnell Rice University
February 04, 2015

How shifts in energy markets present an opportunity to invest in a sustainable future.

 

Lower oil prices will likely be with us for the next several years, given how market cycles tend to have lags. The oil and gas industry faces a choice: Adopt a defensive crouch until a recovery takes hold or push forward and invest in a future of sustainable energy.
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Perspectives

Fueling the Future — Q&A with Lorenzo Simonelli

Lorenzo Simonelli GE
February 03, 2015

Beyond headlines about oil prices, innovation is helping to bring about a more efficient oil and gas industry.

 

The oil and gas industry is experiencing a transformation, one that is broader and more long-term than what you read in the headlines about market swings. There’s a fundamental shift underway toward more innovative, efficient practices across the whole oil and gas value chain.
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GE Oil & Gas Annual Meeting, Day 1 Recap — Tackling Sustainability and Complexity

February 03, 2015
Kicking off the first customer day of the GE Oil & Gas Annual Meeting, Lorenzo Simonelli, president and CEO of GE Oil & Gas, set the tone by outlining two key industry challenges: sustainability for the long-term prosperity of the global economy and ongoing provision of energy to the world and cost management in this era of complexity to help drive productivity and performance. These themes echoed throughout the day in keynote speeches, panel discussions and technology sessions.
 
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Carlos Pascual: Making Green Projects ‘Greener’

Carlos Pascual Ihs
February 02, 2015

Trillions of dollars need to be invested in power over the next two decades. Here’s how to make emissions-reducing projects more attractive.

 

Over the course of 2015, large parts of the energy and environmental world will focus attention on achieving a new form of legally binding climate agreement in Paris under the auspices of the UN Framework Convention on Climate Change.
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Tim Schweikert: Powering a Smarter, Greener Marine Industry

Tim Schweikert GE
January 29, 2015
The challenges facing the marine business could make any ship captain double check their bearings — industry uncertainty and the need to go further and deeper in harsher conditions to meet customer demands.
 

In the choppy waters of the marine business, stability is the name of the game. Whether exploring for oil & gas in deep waters offshore, touring in a luxury cruise-liner or transporting LNG, everyone is after the same thing — greater efficiency.
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What the GEek??! The GE Christmas tree

December 19, 2014
Christmas Tree /ˈkrɪsməs trɨ:/
n.

an evergreen or artificial tree decorated with lights, tinsel and other ornaments in celebration of Christmas


OR


(general) a machine which controls the flow out of a well


(pictured) the GE Christmas tree, a subsea tree for undersea oil and gas wells

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Charles McConnell: Energy Sustainability Through a Global Lens

Charles Mcconnell Rice University
December 17, 2014
Transformative technology continues to be the single largest enabler for a sustainable energy future in this world, and any number of studies also point to the fact that there is no more important contributor to the health and well-being of people than the supply of energy.
 

In future columns, I’d like to discuss in detail these technologies and how they are so important to a sustainable future. But what is energy sustainability, and how can it be viewed globally?
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Kenneth Herd: Technology for Brazil, Technology for the World

Kenneth Herd GE
November 13, 2014
As Brazil sets its sights on becoming one the world’s top five oil producers by the end of the next decade, it is also demonstrating global leadership in another key area — innovation.
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Oliver Astley: Taking Oil and Gas Exploration to New Depths

Oliver Astley GE
November 12, 2014
The challenges of offshore, deep sea drilling are, in a word, immense. Imagine a place three miles below the surface of the ocean, where there is almost complete darkness and the pressure exerted on every square inch is equivalent to the weight of three automobiles.
 

That’s the type of incredibly harsh environment that GE researchers are competing with as we design electrification equipment for our customers that will power oil and gas processing functions reliably on the seabed.
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Marco Annunziata: Innovation Can Deliver Skills for MENAT Region’s Future

Marco Annunziata GE
September 29, 2014
One of the most striking results of the GE 2014 Global Innovation Barometer is the extent to which the Middle East, North Africa and Turkey region (MENAT) is ready to embrace innovation.
 
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