Where our team of editors discuss what they think about the current BMEU Issues.
Process plants around the world depend on millions of rotating machines: compressors, pumps, blowers, fans, presses, generators, mills, mixers, and so on through a long list. The maintenance department is generally pretty busy keeping these machines together, repairing them, and making sure they are available for production.
How will BP's handling of one of the world's biggest environmental disasters affect the Russian oil and gas industry?
With the United States of America facing the worst oil spill in their history and BP being dragged over the coals by both the US Senate and environmental groups, CIS Oil and Gas looks at the potential for disaster with Russian offshore oil projects.
Peak oil, by definition, is the point in the future when the maximum rate of oil extraction is reached and the rate of production enters terminal decline. For Russia, who is the world's largest producer of oil (overtaking Saudi Arabia last year), you would have thought this was a major concern, however oil production has consistently risen over the past several months.
Genady Shmal, President of the Union of Oil and Gas Producers of Russia, tells about the main challenges that must be resolved in the near future to radically improve the situation in the domestic oil and gas industry. (This article is only available in Russian)