U.S. Drilling Activity Slips Further As Oil Prices Rise
The total number of active drilling rigs for oil and gas in the United States fell again this week, according to new data that Baker
Meeting future demand in a sustainable way
We are a large scale global energy solutions provider that powers the world. We manage and maintain ourselves with high environmental and sustainable standards in meeting with United Nations (UN) global emissions protocols.
CCS Technology
PG5 is involved in the management of Carbon Capture and Sequestration/Storage (CCS) which is the process of capturing carbon dioxide (CO₂) formed during power generation and industrial processes and storing it so that it is not emitted into the atmosphere. CCS technologies have significant potential to reduce CO₂ emissions in energy systems. Facilities with CCS can capture almost all of the CO₂ they produce (currently capturing up to 90 - 100 percent)
Sustainability Processes
We practice managing available resources, investments, and technologies to maintain and optimize operations with an emphasis on safety, reliability, efficiency, and environmental, and social awareness in our efforts to adhere to the UN Climate and Environmental Goals.
Next-Generation Energy Transition
PG5 is involved in investing in renewables and energy solutions with a focus on a variety of next-generation business models including; Hydrogen Technologies to reduce emissions to a net zero, renewables generation, power retail, distributed generation, energy services, and investing in Hydrogen charging station infrastructures.
We provide solutions to leading global organizations
What We Do
Providing Energy Solutions and Access to Meet Global Demands:
PG5 provides energy resources to meet global institutions and governments worldwide.
We provide global petroleum product capacity solutions – We specialize in large-scale capacity solutions in furnishing jet fuels and EN590 solutions – as well as alternative fuel as as Hydrogen Fuel and missile fuels. We supply JP5 (fuel), a High Flash Jet Fuel used shipboard by the Navy Vessels; JP8, (a kerosene-based jet fuel comparable to commercial jet fuel); Jet A1 (commercial jet fuel) and F76, a naval diesel fuel.
We are a globally recognized Government and Institutional, Partner Company
- Global Energy Solutions Powerhouse Supplier
- Providing Global Logistics Apparatus
- Decarbonized Solutions Management
- Manage transactions with U.S. Fiduciary and Law Firm to meet high-stand of compliance protocols
We have a deep footprint with resources spread High and Low Worldwide
We manage global energy solutions to assist our clients worldwide with support from leading logistics and storage tank facilities to manage deliveries of products to our network around the world at lightning-fast speeds
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Year of Combined Experience
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Global Servicing Network (Countries)
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Global Employees
Energy Powerhouse
Providing The Fuel That Powers The World Today
We provide the necessary energy resources to governments, global agencies and industry to function and flourish while being committed to our Plan to reach net zero emissions as an energy business by 2045 to meet our climate targets.
Our commitment and investment in the production and distribution of liquid hydrogen to fuel transportation, buildings and industry with clean abundant energy is a testament to our transition for a brighter future by positioning ourselves as a clean energy leader
Aspiration
PG5 is taking steps to sustain a clean energy transition that requires more, not less, hydrocarbon investment and production for as long as clean energy is not cost-competitive. To facilitate the energy transition in such economies, economic diversification is the primary goal of working with governments to create our ambitious clean energy plans. We are constantly striving on an ongoing basis to reach new benchmarks to transition to clean energy.
Vision
We have an ambitious goal where we are investing funds into developing clean decarbonized transportation and powering buildings with the use of renewable fuel sources. We are moving towards energy technologies that produce almost no harmful emissions - known as greenhouse gasses to harm the environment or potentially harmful to human health.
Mission
We are looking to make a deep dent in the way we bring changes to the energy industry. The World Health Organization (WHO) reports that more than 1 billion people in the world suffer from energy poverty or lack of energy. PG5 is already taking steps towards helping governments and industries all around the world develop practical journey solutions to allow their needs to gain the required energy resources while at the same time managing a clear pathway together to hit net zero by decarbonizing power and producing hydrogen and alternative fuels.
Providing Abundant Energy Solutions to Meet the Needs of Today and for the Future
Liquid Hydrogen
Liquid Hydrogen is a versatile non-corrosive fuel that can be produced from many sources, including hydrocarbons and water. Hydrogen is a low carbon fuel – emitting only electrical power, water, and heat when consumed in a hydrogen fuel cell.
EN590 Diesel Fuel
EN590 is the benchmark standard for high-quality diesel fuel in Europe and the rest of the world. It forms the standard specification for diesel fuel use in transportation and suitable for use in compression-ignition engines.
Jet Fuel
Jet A-1 is a type of aviation fuel primarily used in commercial and civilian jet aircraft. It is a kerosene-based fuel specifically designed for use in aviation turbine engines.
Crude Oil
Crude oil, often referred to as petroleum, is a naturally occurring fossil fuel formed from the remains of ancient marine organisms. Over millions of years, layers of sediment buried these organisms, subjecting them to heat and pressure, ultimately transforming them into hydrocarbons. This process gave rise to the vast reservoirs of crude oil found beneath the Earth’s surface.
Liquified Natural Gas (LNG)
LNG stands for Liquefied Natural Gas. It is natural gas that has been cooled to a point where it condenses into a liquid form for ease of storage and transportation. The liquefaction process involves reducing the temperature of natural gas to around -260°F (-162°C), at which point it becomes a clear, colorless, and non-toxic liquid
Liquified Petroleum Gas (LPG)
Liquefied Petroleum Gas, commonly known as LPG, emerges as a dynamic and flexible energy source derived from the refining of crude oil and natural gas. Comprising primarily propane and butane, LPG stands out for its ability to seamlessly transition between gaseous and liquid states, unlocking a realm of possibilities for a diverse range of applications.
Why choose PG5
Promoting responsible use of petroleum resources
- Better Use of Data
At the end of last year, McKinsey placed the Oil and Gas industry’s performance gap at $200 billion. Their research states that on average, offshore platforms run at only 77% of maximum production potential. Correctly implemented data analytics systems and tools can overcome the operational complexity of Oil and Gas operations, quickly yielding returns of as much as 30-50 times the original investment and reducing ecological impact by reducing wastage, accidents and bottlenecks.
PG5 has been taking strides to implement ongoing data analytics systems and tools to maximize on efficiency of operations to limit accidents and preserve the environment.
- Decreasing Freshwater Usage
Water is an essential element in various oil production processes, from fracking to separating oil from other elements present in oil sands. Hundreds of millions of barrels of water are utilized every single day, and while the global Oil and Gas industry currently manages to recycle the vast majority of this water (between 80-95%), PG5 is rethinking the extraction process to reduce freshwater from the very outset.
- Improving Water Recycling Efforts
To decrease freshwater usage, PG5 and its Partners are exploring more effective ways of recycling and reusing water for their operations. Increasingly, companies are aiming to use 100% non-potable water by improving filtration oxidation methods, as well as advanced chemical-free water treatment solutions to neutralize bacterial contaminants such as sulphate-reducing and iron-oxidizing bacteria.
- Reducing Methane Leaks
Finding ways to reduce methane leaks is a cost-effective opportunity for the industry. Recent figures from the International Energy Agency have outlined that it is financially possible to reduce oil and gas methane emissions[1] utilizing currently available and emerging technologies.
- Used Oil Recycling
More companies are utilizing small-scale waste-oil micro-refinery units that transform used oil into diesel fuel. Not only does this approach yield fuel for ongoing operations, but it’s also a relatively inexpensive alternative to more traditional oil disposal methods.
- Streamlining/Improving Process
Even innovations that don’t specifically make oil and gas processing greener and cleaner can still help improve the industry’s overall sustainability by allowing for more cost-efficient processes. For example, new ultrasound technology allows PG5 to create 3D images of the inside of oil wells, enabling them to make more informed and cost-effective production decisions. Similarly, IIOT, analytics, automation, reserve replacement and enhancement capabilities, and emerging artificial intelligence programmes can all help find and eliminate operational inefficiencies.
Improving the efficiency of ongoing operational processes by even a small fraction, will allow PG5 and its Partners to produce the same amount but with reduced costs and energy expenditure, leading to a lower overall carbon footprint.
- Creating Digital Oilfields
Going beyond incremental operational improvements, the quickening pace of digitalization of the Oil and Gas industry has allowed PG5 and its Partners to aid in the creation of the ‘digital oilfield’, a process that is starting to come to prominence. Through the use of cloud technologies and big data, the digital oilfield allows for all operational data to be monitored, analyzed and utilized in real-time, leading to safer, more sustainable decisions being made.
- Greater Acquisitions and Use of Renewable Energy
While many O&G companies are looking to lower emissions, just as many are also looking to diversify into the renewables market. At the beginning of 2018, PG5 was dedicating capital investment to fund clean energy, and we have recently bought a multi-million dollar stake in Europe’s largest solar producer. With investments like this, PG5 is set to transform into a significant global powerhouse to set the foundation for renewables in the coming years and decades.
Equally exciting are the advances being made in biofuel, which may enable production levels on a much larger scale in the near future. PG5 with our Partners is currently developing its Calipatria site and believes that due to recent breakthroughs, it will be capable of producing 10,000 barrels of biofuel per day by 2025. This is an essential step forward in the foundation of an entirely sustainable and renewable biofuel industry.
PG5 Strength
A Global Talented Team
of Experts
Our global success is attributed by our employees and industry experts.
Together, we are a force to be reckoned with.
PG5: Solutions to Manage Energy Efficiency
PG5 Next Generation Photovoltaic Solar Energy Operation
PG5 has been involved in the research, development and manufacturing of Photovoltaic solar energy by converting sunlight into electricity using a technology based on the photoelectric effect. It is a type of renewable, inexhaustible and non-polluting energy that can be produced in installations of large-scale photovoltaic plants.
Waste Heat Recovery
PG5 has been involved in the management of Waste Heat Recovery Units (WHRUs) by recovering the thermal energy from the hot exhaust and gasses discharged by industrial equipment such as incinerators and turbines. This energy is then repurposed to heat other media and materials, including asphalt and oil. WHRUs are available in various designs and styles.
Improve Refinery Margins Using a Refinery-wide Process Model
PG5 provides solutions to develop a refinery-wide process model that would enable refinery process engineers to evaluate the economic impact of operational changes and help planners achieve a more accurate assessment to achieve better Refinery Efficiency, Less Waste and that in turn it translates to maximizing a high rate of return on product development and profit.
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