Oil and gas companies can no longer afford to ignore digitalization, says GlobalData, which notes that any O&G company that doesn’t start to modernize now risks going under. The leading data and analytics company highlights Internet of Things (IoT) technologies such as digital twins have the potential to be the backbone of digitalization in the […]

Curtailing U.S. exports of liquefied natural gas (LNG) has recently been raised as an option to insulate U.S. consumers from rising gas and power costs around the globe. However, an imposed disruption of LNG supply at a time of extreme stress in global gas markets would have a highly destabilizing effect both politically and commercially. […]

Edging Closer to “Unmanned” Oil majors are looking to automate their assets to reduce the impact of demand fluctuation on revenues, according to GlobalData. The leading data and analytics company notes that COVID-19 has been a wake-up call to the upheaval that a sudden drop in energy demand and/or labor availability can cause, and digital […]

  By Patrick Long Controlling costs is critical for any energy company. Firms may spend to grow through acquisition, new business development, gain of market share, or investment in new opportunities. However, as a business activity also decreases following this period of growth, what happens to the variable costs? If companies have planned strategically, their […]

Dr. M. Ray Perryman The Census Bureau recently released population estimates by state for the period from July 2020 to July 2021. The total U.S. population scarcely changed, but there were seismic regional shifts. Let’s take a quick tour. The Northeast lost nearly 366,000 residents and the Midwest lost almost 94,000. The South increased by […]

The highly synchronized global supply chain system developed over the past 30 years is under strain like never before and resolving the disruption will be less a “sprint” and more of a “marathon” that runs well into 2022, according to a new report by IHS Markit, a leader in critical information, analytics, and solutions. The […]

Supplies of Russian gas to Europe via Ukraine have already fallen—and been replaced by LNG imports—to such a degree that shutting off the remaining gas that is still flowing through Ukraine would have relatively limited additional impact on European supply, according to a new report by IHS Markit, a leader in critical information, analytics, and solutions. The […]

Developing and retaining talent is more important now than perhaps ever for employers. When implemented with the user in mind, technology can play an important role in employee retention, hiring, and satisfaction. Research released today from Truce Software, a leading provider of Contextual Mobility Management (CMM) solutions for businesses, asked workers to weigh in on what […]