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 […]
Uncovering Supply Chain Inefficiencies
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 […]
Where Have the People Gone?
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 […]
Supply Chain Breakdowns to Continue
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 […]
LNG Could Fill the Gap
Supplies of Russian gas to Europe via Ukraine have already fallen—and been replaced by LNG imports—to such a degree that shutting off the remaining gas that is still flowing through Ukraine would have relatively limited additional impact on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 […]
Technology Can Help Attract Employees
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 […]
Texas is Coming Back
By Dr. M. Ray Perryman In early 2020, COVID-19 plunged the economy into free fall, abruptly reversing a historic expansion. Although the sharp declines only persisted for about two months, almost 1.5 million jobs disappeared across Texas. The loss of income and financial security for millions of families and small businesses added to the […]
Digital Transformation: The Key to ESG
By Mark Valdez As we close out 2021 and set our sights on 2022, let’s look at two trends that have been at the center of conversation throughout the energy industry: digital transformation and environmental, social, and governance (ESG), specifically the “E” component. Because of increasing pressure from stakeholders and investors, more and more companies […]
RRC Strives to Ensure Gas Supply
The Railroad Commission of Texas recently sent a second Notice to Operators to natural gas producers and facilities with updated information on best practices to help ensure natural gas supply during energy emergencies. Operators have already received prior notices to file ERCOT’s critical load designation application with their utilities for the upcoming winter, as well […]
Milestone Aids Charities
Milestone Environmental Services, one of the largest independent providers of energy waste sequestration services in the United States, announced Dec. 8 it has made charitable donations to several West Texas and Houston-area nonprofit organizations as part of its community engagement initiative. Milestone’s contributions to the West Texas Food Bank and Houston Food Bank will provide […]
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