Staying Power for the Energy Revolution
The utilities and oil and gas industries are in the middle of what might be their biggest transformation ever. Will the old recipes still work? Twelve months to go. Twelve months in which Ian Cain,...
View ArticleStaying Power for the Energy Revolution
The utilities and oil and gas industries are in the middle of probably their biggest transformation ever. Experts predict that only companies at the forefront of digitalization will emerge from the...
View ArticleEnergy Giant Reveals How to Innovate Successfully
When it comes to oil and gas, people are skeptical about the future. For example, 80% of consumers responding to a recent nationwide poll conducted by Ernst & Young agree the oil and gas industry...
View ArticleFueling Industry Innovation: Oil and Gas Giants Come Together to Make a Bold...
It’s sometimes easy to forget in today’s global environment that working together can be a useful means to a fruitful end—even in a business context. In the technology sector, working together is not...
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New Energy Options Can Transform an Industry and a Nation
Taqa is the Arabic word for energy. Defined as the capacity of a physical system to perform work, energy can be transferred between objects but, as the first law of thermodynamics states, it can...
View ArticleSAP and Accenture Launch Upstream Oil and Gas Solution to Help Streamline...
WALLDORF and NEW YORK — SAP SE (NYSE: SAP) and Accenture (NYSE: ACN) launched a co-developed solution for upstream oil and gas companies based on SAP S/4HANA Cloud. Using intelligent technologies such...
View ArticleCosmo 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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