Cosmo Oil Adopts SAP Ariba Solutions for Procurement Efficiency
TOKYO — SAP SE (NYSE: SAP) announced today that Japanese petroleum company Cosmo Oil Co. Ltd. has rolled out SAP Ariba solutions to help it more efficiently procure indirect materials. As a core...
View ArticleIn Mexico’s Oil and Gas Market, Technology Helps Contenders Stand Out
Mexico’s oil and gas market has been in transition since before COVID-19 impacted oil prices and pushed oil-rich nations to reduce output. Faced with flagging oil production, the government opened the...
View ArticleSafeguarding Employee Welfare at Motor Oil with Real-Time Incident Reporting
Motor Oil, Corinth Refineries S.A. is an energy group based in Greece. It was founded in 1970 and its refinery in the region of Corinth counts among the top refineries in Europe. The company plays a...
View ArticleLloyd’s Register Sets Sails to New Markets, Guided by Its Technology Platform...
London-based Lloyd’s Register started in 1760 as an organization that verified and classified the condition of sailing vessels. It has evolved to become one of the world’s leading providers of...
View ArticleWhy the Reinvention of the Oil and Gas Industry Begins with Intelligent...
Diversifying business interests beyond the barrel is much more than a strategic move toward alternative growth options and less exposure to market volatility. It’s an urgent calling for an industry...
View ArticleThe Take: Russian Sanctions, Energy Prices and EV Sales
What’s News Last week the EU announced a partial ban on oil imports from Russia as part of its sixth sanctions package against Moscow for its invasion of Ukraine. The EU embargo will affect about 75%...
View ArticleThe Take: A Recession Could Cool Pump Prices
What’s News The average price of a gallon of regular unleaded gas in the U.S. surpassed $5 on Friday, and the peak is not expected anytime soon as the summer driving season gets into full swing. Gas...
View ArticleThe Take: Oil Refiners and Gasoline Prices
What’s News President Joe Biden has called on seven major oil refinery companies to take “immediate actions” to ramp up gasoline supplies in the U.S. where the war in Ukraine and other factors,...
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Petrobras Launches Safety App to Prevent Incidents in the Workplace
To support high safety standards in all different sites, Petrobras launched its first mobile application to record safety observations on oil extraction and refining locations, including its remote...
View ArticleThe Take: With Technology, U.S. Energy Wrings Out Production for Europe
What’s News Earlier this week, three leaks from two Nord Stream AG undersea pipes, originally built to transport Russian gas to Germany, massively polluted the Baltic Sea. A fourth was discovered...
View ArticleSAP Enables Phillips 66 Digital Transformation
WALLDORF — SAP SE (NYSE: SAP) today announced that Phillips 66 Company chose SAP to deploy industry-leading solutions to enable its digital transformation. Goals included maximizing profitable...
View ArticleThe Take: Biden and Big Oil, the New Frenemies
What’s News In his State of the Union address earlier this month, U.S. President Joe Biden both supported and chastised the oil and gas industry. On one hand, he said the U.S. would rely on these...
View ArticlePeoples Natural Gas Adopts SAP S/4HANA as the Foundation for Future...
WALLDORF — SAP SE (NYSE: SAP) announced that Peoples Natural Gas has completed its conversion to SAP S/4HANA, laying the technical groundwork for ongoing innovation and business transformation....
View ArticleSAP Helps TGS Keep At-Risk Employees Safe in the Field and at the Office
As one of Latin America’s most successful gas carriers, TGS depends on intelligent technology every day to meet the world’s growing demand for energy. TGS is dedicated to operating with efficiency,...
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Leading with Compassion While Pressing Forward with Transformation
San Diego Gas & Electric (SDG&E) cares about its customers and meeting their needs. Every summer, it collaborates with the County of San Diego to provide “Cool Zones” in locations such as...
View ArticleMOL Group Chooses SAP Ariba Solutions to Digitalize Global Procurement
BUDAPEST — SAP SE (NYSE: SAP) today announced that energy giant MOL Group has chosen SAP Ariba solutions to digitalize its global procurement operations to increase process transparency and standardize...
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For Al-Ahed Holding, Digital Transformation with SAP Is the Key Differentiator
Al-Ahed Trading and Contract Co Ltd was established in 1975 to serve the oil and gas industry. Since then, the family-owned business has expanded into a highly successful and reputable group of...
View ArticleSAP and DNV GL Partner to Deliver an Oil and Gas Industry Cloud Solution...
WALLDORF — SAP SE (NYSE: SAP) and DNV GL, one of the largest independent management and quality assurance experts, said they have teamed up to deliver a new industry cloud solution, Corrosion Under...
View ArticleSAP.iO Foundry Singapore Kicks Off Accelerator Program Focused on the Energy...
SINGAPORE — SAP.iO Foundry Singapore, one of SAP SE’s (NYSE: SAP) global B2B accelerators, launched a new program focused on the energy and natural resources industries in Australia and New Zealand...
View ArticleRISE with SAP to Power Delek’s SAP S/4HANA Transformation
The energy industry is undergoing a massive transformation, one sparked by the COVID-19 pandemic and the shifting consumer behaviors and fluctuating world markets that have taken shape in its wake....
View ArticleSAP.iO Foundries North America Teams with Accenture to Launch Two New...
WALLDORF — SAP SE (NYSE: SAP) and Accenture welcome two new cohorts to SAP.iO Foundries North America, SAP’s external startup accelerator program. Thirteen startups were selected for the cohorts among...
View ArticleThe Take: Sticky Pump Prices Could Push Alternative Energy
The News The average price of a gallon of gas in the U.S. surpassed $3.51 on Wednesday, according to AAA, up four cents from the week before and nearly $1 higher than a year earlier. Brent crude, a key...
View ArticleIoT Saves Lives in Hazardous Work Environments
As part of its mission, Westernacher Consulting, a German-based company with global presence providing in-depth expertise in the design and implementation of complex IT applications, has long kept a...
View ArticleDelek US Conquers ERP Complexity with RISE with SAP
SAP recently marked its two year anniversary of RISE with SAP, SAP’s comprehensive solution of products and services to help customers successfully move to the cloud. So far, more than 2,500 customers...
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SAP Supports Utilities Across the EU to Enable Energy Transition
The energy crisis has two faces: the need for decarbonization in order to limit global temperature increase and rising highly volatile energy prices due to energy market turbulence caused by the war in...
View ArticleThree Steps to Profitable and Sustainable Energy Management
Energy-intensive industries are hot on the trail of business resilience in an uncertain world. Caught between skyrocketing and unpredictable fuel costs and increasing greenhouse gas emission...
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Accelerating the Sustainable Energy Transition with SAP’s Industry Cloud
The energy sector finds itself at a pivotal moment as the world strives to address the urgent challenges of climate change and achieve a more sustainable future. Reducing carbon emissions and ensuring...
View ArticleVestas: Powering Quality in the Supply Chain
Problems with wind turbines are rare. But if one does catch fire or blades break and fly off in a storm, it tends to be headline news. This can not only damage the reputations of wind turbine...
View ArticleThe Importance of Intelligent Asset Management and Maintenance for Petrobras
Petrobras, a leading energy company based in Brazil, recognized the critical importance of intelligent asset management and maintenance in achieving its vision of being the best diversified and...
View ArticleTAM International Chooses SAP to Drive Ambitious Growth
Production planning and scheduling is the bloodline of a successful manufacturing facility – it supports agility to adapt to market demands in real-time regardless of market fluctuations while...
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