Industry Insights
13 September 2022
Accelerating the World's Energy Transition

The road to a sustainable, reliable, and affordable energy future requires providers and users to navigate uncertainty while engaging each other creatively and cooperatively. The urgency of this transition has never been greater. That’s why Siemens Energy has made itself a catalyst to accelerate the changes needed to transform today's energy landscape.

8 June 2022
Why failing to extend cybersecurity to the production line is a serious threat to your business
Is your organisation prepared to respond to operational technology (OT) cyberattacks? Effective cybersecurity is a holistic effort that needs to address IT and OT to protect business assets and operations. However, too many organisations in the chemical industry are taking an unbalanced approach, risking the future of their business and the safety of their workers and customers. In 2022 defence of OT is equally important as IT infrastructure and line-of business applications. OT cybersecurity is the logical evolution of digital transformation strategy in the chemical industry.
28 April 2022
Thinking outside the box: Canadian energy regulators respond to innovation
The recent pace of change and burgeoning new technologies designed to address the climate crisis pose a challenge for regulators
25 April 2022
Consenting your energy project: Which regime applies?
The cost and length of a project’s consenting process in the UK varies greatly depending on factors such as capacity and location
8 April 2022
CCUS sector seeks clearer policies on storage
Regulatory and financial certainty needed to accelerate investment in long-term storage as carbon capture gains momentum
31 March 2022
PE Live: An industry transition: Carbon capture, utilization and storage (CCUS) and the energy ecosystem
CCUS is gaining traction as one of the transition’s key technologies, supported by rising carbon costs and supportive policies in some regions. Demand for the technology is growing across multiple applications, from the abatement of refining and gas-fired generation, to blue hydrogen projects and multi-sector low-carbon industrial clusters. What are the technical and financial challenges facing developers of these complex projects and what is the outlook for CCUS by sector and by geographical region as the transition unfolds over the coming decades? First broadcast in March 2022.
30 March 2022
Tokenisation offers new path to the energy transition
Tokenisation can play a key role in the growth of blockchain applications in the energy transition by enabling the recording and representation of assets such as carbon and renewable power certificates
30 March 2022
Greenwashing disputes on the rise
Government enforcement actions and civil suits alleging greenwashing are increasing through a myriad of different laws, including securities regulations and consumer protection legislation
11 March 2022
PE Live: Portfolio optimisation – transition pathways to net zero
Oil and gas companies are not short of options in terms of reaching net zero, but their portfolio decisions will determine the success of their transitions
28 February 2022
UK’s flexibility funding gap presents investment opportunities
Substantial private sector finance needed to back a rapid scale-up of low-carbon flexibility technologies as UK decarbonises its energy system
23 February 2022
Alberta renewables market seeing strong growth
Government support and an active carbon market help drive wind and solar investment in Canada’s most deregulated power sector
23 February 2022
Decarbonising shipping: Where are we now?
Regulators have yet to force the sector to decarbonise, but larger shipping lines and operators are planning for a low-carbon future
26 January 2022
US renewables sector faces near-term challenges
Supply-chain issues and rising costs present short-term difficulties for sector poised for rapid growth
20 January 2022
Outlook 2022: The rise of rights-based claims in climate change disputes
Governments but also, increasingly, corporates could face suits with far-reaching material implications for their futures
19 January 2022
Outlook 2022: The greening of hydrocarbons
A lower-carbon future will still involve fossil fuels
4 January 2022
How digitalisation drives sustainable transformation

Increasingly, companies are recognizing the roles they can play in helping make the world more sustainable and are setting their own sustainability goals to improve environmental, social and economic outcomes. Download this new ebook now.

3 December 2021
Digital maturity of AI in oil & gas

Keeping pace with the competition is a critical reality for the oil and gas sector. Operators need to cut costs, target efficiency gains and lower their carbon footprint if they want to maintain strong revenues and attract potential investors. And this has only been emphasised by the past pandemic year.

1 December 2021
Sustainability, Decarbonization and Industry Initiatives: Survey Findings and Analysis

This report, co-written with Robert Socolow, Professor Emeritus, Princeton University, reveals the findings of a recent survey conducted to better understand the strategies and actions taken by industry leaders as they plan for a sustainable future.

1 November 2021
Delivering on the Promise of Prescriptive Maintenance

The need for asset reliability and optimization is ever-increasing, and leading asset-intensive companies are using prescriptive maintenance—powered by AI and machine learning—to unlock the value and productivity lying uncaptured in assets. Using a scalable, easy to implement prescriptive maintenance solution, companies can improve the accuracy of failure detection, increase the advance notification period of asset downtime events and reduce maintenance spend.

Learn how companies across the globe are successfully scaling prescriptive maintenance across their organizations, including examples of it in action. See the proof for yourself in this new white paper.

21 October 2021
TE100: Insights on energy transition in MENA

Today, we are facing, in addition to the Covid-19 pandemic, a severe threat posed by
climate change which is in large part driven by fossil fuel combustion and accompanied
with a rise in global consumption due to increase in demand as population is growing
especially in the MENA region. Therefore, it is “crystal” clear now that governments
need a planned transition in how they produce and consume energy to avoid a
disastrous increase in global temperatures.

21 October 2021
TE100: With change comes opportunity and that is no different in the energy transition

According to the National Association of State Energy Officials, approximately 6.7 million Americans work in the Energy Industry.  That is roughly 4.6% of the American workforce. I’ve spoken recently with many different industry partners who are worried about this energy transition and what it means to workers who have been employed in more traditional sectors of the US Energy industry.  Oil & Gas workers in Texas are worried about their jobs and leaving the industry because they don’t see a future in Energy.  In Massachusetts local economic development groups are trying to figure out how to re-train and re-employ over 600 workers who have lost their jobs at recently shuttered nuclear and coal plants.  Unfortunately, sometimes it seems that there is an “us versus them” mentality as this transition takes place.  Some of the recently displaced workers from oil & gas, nuclear, and coal plants may struggle to see where they will be re-employed.  However, given the staggering numbers of renewable installations anticipated, it’s clear that the Energy industry is ripe with opportunity.

21 October 2021
TE100: Energy transition requires solutions from the oil & gas industry

The world’s next energy transformation is underway and transitioning to a lower carbon future will require ingenuity from all sources, especially the energy services and technology sector. As global energy demand rises, we must invest in all forms of energy. A successful energy transition is not a shift from one fuel source to another, but a comprehensive focus on the reduction of emissions across all energy systems.

7 October 2021
TE100: I am not my sister’s keeper, I am My Sister (Part 2)

Let’s take action inspired by empathy so that through collaboration and paying it forward, my success becomes your success.  Let’s look around us, strike a conversation, listen and research to understand each other’s unique challenges. This will then inform any action we take, or in the spirit of this letter, the type of energy we apply in our interactions to empower women’s ambitions.

7 October 2021
TE100: Thinking Globally Requires Local, Regional Mindset

While there is a place for globalization, implementation of diversity, equity and inclusion efforts should be tailored to fit the part of the world in which companies operate.

7 October 2021
TE100: Why digitising supply chains and implementing a circular economy is important to achieving true net zero

The cornerstone of decarbonisation and achieving net zero is to gain transparency in our supply chains. But we all know in our hearts that this is only one part of the answer. The true driver for achieving net zero is establishing a fully functioning circular economy, where we move our narrative from making things more sustainably, use and then throw away to how can we extend the life of the product, recover and reuse materials and design waste out of our systems. Whilst there are many amazing innovations in manufacturing and recycling capabilities, they will not drive a sustainable future on their own.

5 October 2021
TE100: I am not my sister’s keeper, I am My Sister (Part 1)

Working-age women make up 50% of the world population, yet unfortunately, our female face represents the unpleasant side of an industry that is supposed to enable progress.

Women are underrepresented and underpaid in the energy industry. As energy consumers, women in the global south are caught in the gender-poverty-energy nexus, where women are more likely to suffer the consequences of inefficient and hazardous energy.

28 September 2021
Engineering the Plant of the Future: Balancing Sustainability, Digital Transformation, and Efficiency

Connected plant future isn't coming —it's here

The need to build new and modify existing plants into the efficient, connected, and sustainable facilities of the future is moving at a faster pace than ever before. Download the latest whitepaper from AVEVA to read more.

23 September 2021
The untapped potential of blue carbon credit markets

The US recently submitted its Nationally Determined Contribution (NDC) required under the Paris Agreement, setting a target of reducing net greenhouse gas emissions by 50 to 52% below 2005 levels by 2030. Click to read on from our TE100 contributors.

22 September 2021
TE100: ‎Energy Insights with Rakhi: Together we rise stronger, kinder and more resilient

Rakhi has kindly shared the latest edition of her Energy Insights series as a tribute to women in the workforce and the women in our lives. We hope you enjoy listening.

16 September 2021
What does the accelerating energy transition mean for the LNG business?

The growing imperative for humanity to avoid the worst impacts of climate change will require the liquefied natural gas (LNG) business to adapt in fundamental ways as the energy transition accelerates. In this report, King & Spalding examines the long-term outlook for the industry in the face of existential pressures posed by environmental, social and governance (ESG) principles. How are industry players responding? And what more can be done to assure LNG’s future in the race to a carbon-neutral energy economy by 2050.

14 September 2021
Transform complexity into a competitive advantage
Have you considered using an Integrated Requirements Management approach as your first step towards a successful digital transformation?

Energy & Utility businesses want to achieve Digital Lifecycle Excellence to prepare themselves for future success but are unsure what a logical first step might be.

An Integrated Requirements Management approach deploys quickly, provides a rapid time-to-value, and is a cost-effective way to give your project team a considerable advantage on their next project.
1 September 2021
Accelerating the Hydrogen Economy through Digitalization

Hydrogen is a valuable resource that can help companies achieve carbon reduction and reduce energy costs. Digitalization will be a major accelerator for driving down the cost of hydrogen and evaluating and optimizing alternatives. Download this white paper to learn how technology is an essential component in deliv­ering the hydrogen economy.

10 August 2021
Exploration potential of the Camisea area and the Madre de Dios basin (FTB)

Studies and exploration activity in the Ucayali and Madre de Dios basins show that there is gas potential in the area and that the implementation of new technologies could greatly reduce exploration risk: reprocessing of existing seismic, acquisition of new seismic, magnetotelluric studies and drilling of identified prospects could lead to the confirmation of new hydrocarbon volumes. Download this white paper from Peru Petro now.

2 August 2021
Fujairah S&P Global Platts Quarterly Report

As we move into the second half of the year, the Port of Fujairah will continue to play a vital role as the leading trading and oil storage hub in the Middle East and there is now an unparalleled level of visibility in activity at the port, bringing transparency that allows market participants to make informed decisions.
Download the Fujairah S&P Global Platts Quarterly Report and gain insights through special features:

  • Market Overview: Oil prices rise above $70/barrel as economic sentiment improves
  • S&P Global Platts & Fujairah: the evolution of price assessments
  • Shipping’s “dirty fuel” stages a comeback as emissions targets loom
  • +more
13 July 2021
Commodities Bounce Back Special Report

The surge in commodity prices in late 2020 and early 2021 is in some ways at odds with a global economy still gripped by the COVID-19 crisis. Paul Hickins unpacks the factors that brought about the rally and examines longer-term prospects.

  • Is the rise in Brent crude oil prices heralding a “supercycle”?
  • How will the “green” revolution drive a long-term commodity bull run?
  • The risk of oil price spikes has increased due to COVID-19 and ESG pressures. What does the future hold?
25 January 2021
From resource scarcity to energy abundance and infinite supply

While the scientific evidence of climate change is clear and widely accepted, our ability and best options to master this challenge have stirred intense debate, disinformation and dilemma. With a growing global population that almost universally aspires to an energy-intensive modern way of life, how can humanity continue to multiply, modernise and prosper without continued massive consumption of fossil fuels and vast emission of greenhouse gases such as CO2?

 

31 December 2020
Block X — An updated summary of the onshore block in the Talara basin

Block X development began in 1910 with the drilling of the RESTIN 1 well. To date, 5,751 wells have been drilled between exploration and development, of which 3,262 wells are currently active, being 3,196 producing wells and 66 injection wells. As of December 2019, production is 14.83 Mbopd and the accumulated oil volume is 499.9 MMbbl.

23 November 2020
Digitalisation Review 2020

Industry experts examine some of the key themes influencing the adoption of digital technologies. Contributors discuss the changing cyber security landscape, automating refineries, the power of the digital twin, extending offshore asset life, among many other topics.

Sponsor: Various partners

16 November 2020
LNG: the green future for bunkering

In this paper we look at how going greener with LNG not only addresses the sustainability agenda but also makes economic sense.

Sponsor: Strategy&, part of the PwC network

12 November 2020
Production Onshore Opportunities in Northwest Peru

The Talara Basin is a Paleocene-age forearc basin located along the north coast of Peru. During the first quarter of 2021, PERUPETRO S.A. will launch a bidding process for six blocks of the Talara Basin for which contracts will expire in the next years. The purpose is to find companies interested in improving the productivity of these mature fields with secondary recovery and the implementation of new technologies

7 October 2020
Is your Digital Twin truly collaborative?

Digital Twin technology is at the heart of every modern plant and processing asset. Read our whitepaper to discover how cloud technology is accelerating operators’ and EPCs' digital transformation.

10 September 2020
Engineering in the Cloud

Capital Projects have earned a notorious reputation for being over budget and overschedule. Far-reaching reforms are underway, however, as Owner-Operators and EPCs turn to a powerful combination of cloud-based technology and new working processes to achieve transformational, data-driven improvements in Capital Project delivery.

2 September 2020
Multi-client agreements in Peru

Peru’s offshore provides prominent opportunities for exploration projects thanks to its diverse regional geology.  This geology has different structural and stratigraphic settings, with mature producing basins in the north to less explored basins in the south. Just a fresh and modern look at the available data may reveal great potential.

20 August 2020
The Future of LNG and Natural Gas Infrastructure

International law firm Ashurst surveyed LNG industry leaders across the Asia-Pacific region to ask how they thought the sector was responding to changing dynamics and what they think the future may hold. This has resulted in a brand new report, available now.

Sponsor: Ashurst

14 August 2020
Easy and Robust screening of oil and gas projects at the concept select stage

In support of the July 2020 webcast “Value creation in the new era through robust screening of oil & gas investments”, in association with Petroleum Economist, Steen Meulengracht, CEO PreVisions, has written four articles to dive deeper into the importance of break-even and sensitivity analyses on key external and internal project parameters.

22 June 2020
Training for Tomorrow

Cloud technology makes experiential learning accessible and practical for any organization. As experts in cloudbased operator training simulators (Cloud OTS) for every stage of operations, AVEVA is already helping forward-looking companies change their cultures and redefine training for tomorrow. 

12 May 2020
Shale oil breakeven prices

This paper examines published estimates of shale oil breakeven prices, contrasts the quoted breakeven price with industry performance over the period and investigates the disconnect between published breakeven prices and actual breakeven prices at the corporate level.

5 May 2020
Energy Transition Review

The energy transition will be a multi-faceted process with each contributing energy source offering enormous potential but often bringing new challenges. In this report, industry experts identify problems and present potential solutions.

Sponsors: Norton Rose Fulbright and Schneider Electric

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