Global Industry: Oil, Gas Looks to Create Value in Digital Transformation

Global Industry: Oil, Gas Looks to Create Value in Digital Transformation

The oil and gas industry’s digital transformation is at an inflection point. Advertisements

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Technology: Siemens launches distributed energy system as solution to Africa’s energy transition

Technology: Siemens launches distributed energy system as solution to Africa’s energy transition

German electronics manufacturer Siemens on Wednesday launched, at its headquarters in Midrand, its end-to-end distributed energy system (DES) as a solution to assist the African continent in its energy transition.

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Industry Analysis: “Major oil & gas exporters face unprecedented challenges in years ahead” – IEA

Industry Analysis: “Major oil & gas exporters face unprecedented challenges in years ahead” – IEA

Major oil and gas exporters have weathered many upheavals in recent decades but a renewed commitment to reform and economic diversification will be vital to cope with the changing dynamics of global energy. These include rising production from new sources such as shale, uncertainties over the pace of oil demand growth and deployment of new energy technologies, according to a new report from the International Energy Agency.

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Global Oil & Gas: “Technology Could Lower Oil Production Costs By 30%” – BP

Better technology could reduce the average production costs of all oil and gas resource classes by around 30 percent per barrel of oil equivalent by 2050, oil and gas supermajor BP said in its Technology Outlook 2018 published on Thursday.

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Sustainability: COP23 UN climate change conference

    The first week of COP23 is over, and now attention turns to the high-level segment of these international climate talks. While week one focused mostly on technical negotiations around the specifics of how to implement the Paris Agreement, week two could provide a few fireworks as ministers and heads of state arrive in Bonn and the international politics start to heat up. 

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Industry & Technology: Microsoft, Halliburton partnership to spur Oil And Gas Industry Digitalization

  Halliburton and Microsoft have struck a partnership that will see the oil industry transform in radical ways, Microsoft said in a statement, digitizing a massive business that has been wary of sharing information.

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