Energy Oracles: S&P’s Ernsberger on the oil market’s new directions
Tuesday, September 26, 2023 9:32 AM
Epic changes in the oil market have created unexpected crude and product flows, says Dave Ernsberger, head of market reporting and trading solutions at S&P Global Commodity Insights. In a conversation with Petroleum Economist’s Editor-in-chief, Paul Hickin, at APPEC in Singapore, Ernsberger highlights both the dislocations and adaptability, and explains the relationship between the physical and financial oil markets given the debate over the potential for a disconnect between them.
Harbour Energy – Implementation of digital twins to support operations and collaborative sustaining engineering
Wednesday, August 30, 2023 2:29 PM
Harbour Energy is the largest independent oil and gas company operating on the UKCS and has interests in Indonesia, Vietnam, Mexico and Norway. The company has grown through mergers and acquisition of assets from other operators resulting in a diverse portfolio of engineering systems with variable information quality. In 2021, an initiative was launched to establish a digital twin solution covering their UK operated assets to enable value creation through the use of shared and collaborative platform for engineering, operational, and project data. In this episode of the Hexagon Digital Twin podcast series, we will be examining with Harbour Energy’s James Sitter, VP for Modifications and Project Services, and James Buchan, Technical Data Team Lead, the background for their digital twin initiative, what has been achieved to date and how the platform will now be actively used to ensure collaborative execution of sustaining engineering projects across the value chain and the business benefits expected. Plans to move beyond the digital twin towards achieving autonomy through a Smart Digital Reality will also be explored.
Energy Oracles: IEF’s McMonigle on oil’s investment crunch and the consumer-producer sweet spot
Monday, August 21, 2023 10:44 AM
A lack of investment in oil and gas is a “serious problem” and the dangers and evidence are starting to build in recent years, warns the International Energy Forum’s Secretary General Joe McMonigle in a conversation with Petroleum Economist’s Editor-in-chief, Paul Hickin. The IEF stands in the eye of the storm bringing together key oil producers, consumers and policy makers in a bid for “progress over perfection” on the dual and interlinked challenge of the energy crisis and the climate crisis.
Energy Oracles: Energy expert Al-Hajji debunks oil myths on OPEC, petrodollar, shale and demand
Friday, July 21, 2023 8:40 AM
Is bigger necessarily better for OPEC? Is the challenge to the petrodollar’s supremacy credible? Is shale’s boom really over? And have peak demand arguments peaked? Anas Al-Hajji, an energy consultant who runs Energy Outlook Advisers and Arabic-language energy media and research platform Attaqa doesn’t pull his punches in this conversation with Petroleum Economist’s editor-in-chief, Paul Hickin as he takes on some of the biggest oil industry tropes.
Digital Twins: Promoting Project Performance
Wednesday, June 28, 2023 10:08 AM
While most digital twin implementations today are focused on operations and maintenance use cases, digital twins are increasingly being deployed during the planning, design, and execution phases of the facility life cycle. In this podcast, we will discuss how the digital twin platform ensures the handover of a high-quality digital twin for operations purposes and provides benefits during the project phase. Listen to our conversation to:* Discover the value of incrementally building the digital twin from the conceptual design phase and adopting it as a platform for project collaboration across the stakeholder value chain.* Learn about the increased transparency and visibility the digital twin provides for project progress, including 4D and 5D reporting.* Explore how to leverage the digital twin to ensure operational readiness.
Energy Oracles: Opec watcher Croft on Saudi Arabia’s ‘whatever it takes’ strategy
Friday, June 23, 2023 9:09 AM
Was the Saudi Arabia 1 million b/d cut really a surprise? Or was the oil market just not paying close enough attention? Helima Croft, head of global commodity strategy at RBC Capital Markets, talks to with Petroleum Economist’s editor-in-chief Paul Hickin on why fears around the complicated Russia-Saudi Opec+ relationship are overdone, the consistent strategy by the Opec kingpin to create an oil price floor and why the Saudi lollipop is just as tasty as an Opec basement cookie.
Energy Oracles: IEA’s Birol on energy security and the case for an orderly transition
Friday, May 5, 2023 6:12 PM
How does the world resolve a climate crisis and an energy crisis at the same time? The International Energy Agency’s executive director, Fatih Birol, discusses the energy trilemma in an exclusive interview with Petroleum Economist’s editor-in-chief, Paul Hickin [in which these two football fans also talk about the risk of the energy industry scoring an own goal].
Realizing the business value of Digital Twins
Tuesday, April 11, 2023 7:54 AM
PE Live Podcast presents a new series, "Digital Twins - the Gateway to Autonomous Industrial Facilities", in association with Hexagon. The first episode, "Realizing the business value of Digital Twins", is hosted by Karolin Schaps, a regular contributor to Petroleum Economist, in conversation with Adrian Park, Vice President Pre-Sales - EMIA, Hexagon, and Hans Kouwer, Director Industry Consulting – EMIA, Hexagon.
Energy Oracles: Goldman's Currie on oil, banking crises and supercycles
Wednesday, March 29, 2023 10:14 AM
Can commodity supercycles and recessions co-exist? Will the banking crisis have a bigger impact on demand or supply for oil? And what next for China, Russia, the US and OPEC? Goldman Sachs’ head of commodity research Jeff Currie discusses these questions and more in an exclusive interview with Petroleum Economist’s editor-in-chief Paul Hickin.
Why is US LNG and its role in delivering LNG to the world so important?
Tuesday, November 15, 2022 10:10 AM
PE Live Podcast presents a new exclusive episode in association with King & Spalding. The Russian invasion of Ukraine has fundamentally changed the LNG market. This podcast focuses on why and how US exports in a radically altered LNG market and what’s changing in the current market dynamics.
The importance of choosing the right strategic cybersecurity program for the critical infrastructure
Thursday, October 27, 2022 1:59 PM
PE Live Podcasts presents a three-part series: "Operational Technology (OT) cybersecurity – the vital next step in digitalisation" in association with Hexagon. This episode "The importance of choosing the right strategic cybersecurity program for the critical infrastructure" is hosted by Karolin Schaps, a regular contributor to Petroleum Economist, in conversation with Owen Rooney, Vice President of Sales, Hexagon Asset Lifecycle Intelligence, and Syed M. Belal, Director - OT Cybersecurity Consulting Services, Hexagon.
Asset Inventory: The foundational element in OT/ICS cybersecurity
Friday, September 23, 2022 8:14 AM
PE Live Podcasts presents a three-part series: "Operational Technology (OT) cybersecurity – the vital next step in digitalisation" in association with Hexagon.This episode is part two of the series: "Asset Inventory: The foundational element in OT/ICS cybersecurity" is hosted by Karolin Schaps, a regular contributor to Petroleum Economist, in conversation with Edgardo Moreno, executive industry consultant at Hexagon.
Reducing the risks of the operational technology assets that matter most
Thursday, June 30, 2022 11:17 AM
PE Live Podcasts presents a new series: "Operational Technology (OT) Cybersecurity – the vital next step in digitalisation" in association with Hexagon. This episode is the first in the series: "Reducing the risks of the operational technology assets that matter most" is hosted by Ian Simm, a regular contributor to Petroleum Economist, in conversation with Rida El Hajj, Vice President Sales and Syed M. Belal, Director OT Cybersecurity Consulting Services, who both join us from Hexagon’s Asset Lifecycle Intelligence division.