Industry Insights
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
European chemicals sector rises to climate challenge
Industry responds to EU’s ‘Fit for 55’ package with new business models and alliances with other sectors, says PwC’s global head of chemicals
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.

29 November 2021
Accelerating clean hydrogen
Digital transformation will enable a greener shade of grey hydrogen from oil and gas facilities
25 November 2021
UK net-zero strategy: Ten key points
The plans aim to accelerate decarbonisation in a number of different areas with a mix of investment and policy
24 November 2021
Top EU court bans investors from suing member states in arbitration
Decision limits rights under the Energy Charter Treaty and other investment agreements
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.

29 October 2021
The role of tax policy in promoting a low-carbon hydrogen industry
Governments globally must determine which policy levers are most suited to incentivise the establishment and growth of a low carbon hydrogen economy
28 October 2021
Hydrogen: A confirmed green strategy for NSW
Strategy capitalises on New South Wales’ sustainable water resources, fast planning pathways and growing renewable energy generation capacity
27 October 2021
South Africa’s energy sector and the just transition
Continuous engagement by stakeholders crucial in ensuring energy sector is sustainable while also managing social impacts of shift
26 October 2021
Scaling your digital twin strategy
Firms should look to an enterprise-wide use of the technology to reap the operational benefits and support a sustainable future
13 October 2021
Making the market: How to structure commercial-scale hydrogen projects
A number of structuring options are available for commercial-scale green and blue hydrogen projects in the energy sector
7 October 2021
How commercially viable hydrogen offtake agreements can be developed
Market structures must be put in place to progress hydrogen past the pre-commercial stage
30 September 2021
Will the UK’s “colour-blind” hydrogen strategy accelerate the transition?
The government’s strategy proposes a twin-track of blue and green hydrogen development
29 September 2021
Lone Star state has chance to shine in energy transition
Explosion in jobs and investment among benefits energy transition could bring to Texas and the Gulf Coast
28 September 2021
Australia and Japan forge new trade links for transition
New wave of investment by Japanese companies could mirror past development of Australian iron ore and coal sectors, PwC says
28 September 2021
Fit for 55: Challenges and opportunities for EU industry
Stricter rules and higher targets demand a rethink of value chains and business models by energy-intensive companies
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.

27 September 2021
Digital twin plans need process focus
Despite many companies accelerating digitalisation initiatives, outdated procurement processes present obstacles to long-term success and scale-up
24 September 2021
ExxonMobil LNG announces 2021 Power Play winners
Four remarkable professionals recognised across different categories that celebrate advances in diversity and equality and accomplishments in the LNG value chain
23 September 2021
UK sets out plans for hydrogen
Publication of the UK’s Hydrogen Strategy is a welcome step forward, but the sector is still nascent and more detail is required
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.

15 September 2021
How to make a commercial return from hydrogen and access funding
Funding and processes are already in place for the green hydrogen economy, meaning the time is right for companies to make the market happen
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.

27 August 2021
US infrastructure bill lays foundations for a low-carbon future
Bill supports development and expansion of the hydrogen industry in the US through a mix of regulatory initiatives, federal grants and other incentives
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.

4 August 2021
ExxonMobil announces 2021 Power Play finalists and community voting
Sixteen outstanding professionals are up for awards across four categories, with community voting now open
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
29 July 2021
Governments in race to unlock potential of CCS
Policymakers must ensure key technology for reaching net-zero sustains momentum over the next decade
28 July 2021
Looking for green hydrogen’s easy wins in Europe
Integration of low-carbon hydrogen into existing value chains will need new regulatory frameworks in all jurisdictions
26 July 2021
Integrating renewable PPAs into green hydrogen projects
Developers will need to adapt strategies to location and policy environment
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?
29 June 2021
How energy traders can benefit from Europe’s emerging hydrogen market
Development of liquid markets will require sufficient marketable hydrogen volumes as well as free access to pipelines, terminals and storages
28 June 2021
Getting what you paid for: Certification and verification of blue and green hydrogen
Verification can decouple the blue or green attribute from the physical flow of hydrogen
25 June 2021
US oil and gas sector weighs transition options
Carbon capture and hydrogen high on agenda, but good returns from hydrocarbons still a priority
23 June 2021
Deep-sea mining must prove sustainability to join energy transition
Seabed can yield cobalt and other key transition minerals, but industry needs legal framework and technology to mitigate environmental impact
23 June 2021
Power trading in Africa: Creating a sustainable and integrated energy market
Liquid electricity trading markets in Africa can attract private sector investment and support the UN’s goal of access to affordable energy for all
22 June 2021
Key to navigating the energy transition is in the data
The pivot to digital will make the energy sector less carbon-intensive and more sustainable
22 June 2021
Move fast and break (simulated) things
A digital twin approach allows operators to test scenarios at speed, making the whole lifecycle safer and more efficient
10 June 2021
Hydrogen poised for lead role in push for Paris goals
Hydrogen key to tackling hard-to-abate sectors, but reaching Paris goals will require a wider arsenal of fuels and technologies, roundtable panellists say
10 June 2021
Hydrogen project risks challenge investors
Flow of money into emerging industry faces bottlenecks as investors grapple with uncertainty over regulation and bankability
2 June 2021
Who will be this year’s LNG Power Play Pioneers?
The new Pioneer award is open to applicants of all genders to celebrate leadership in LNG
1 June 2021
Protecting your hydrogen investment: Intellectual property issues
As interest and investment in the hydrogen market grows, companies will look to protect their investments
28 May 2021
Getting ready for CCUS take-off in the US
Drivers include tax incentives, opportunities for generating LCFS credits and federal policy support
27 May 2021
Guiding industry along the carbon reduction pathway
PwC’s Juergen Peterseim sees leading role for hydrogen as industries recalibrate for low-carbon future
26 May 2021
The role of a national carbon market in China’s carbon-neutral goal
China’s centrally controlled economy means it can pull a broader range of levers to reduce national emissions than many other states
26 May 2021
Electric vehicles: Charging up the UK’s energy transition
UK plans acceleration in roll-out of electric and other low-emission vehicles as sales of new petrol and diesel cars end in 2030
26 May 2021
Smart cities offer vision of net-zero living
Combination of technology and an integrated approach can deliver sustainable cities
19 May 2021
Empower connected working with integrated engineering information
Data-centric approach can help mitigate project cost overruns by simplifying workflows into single-source environment
19 May 2021
Three strategies for executing lean, green capital projects
Greater digital maturity is needed across the oil and gas sector to ensure efficiency gains meet sustainability imperatives
30 April 2021
2021 LNG Power Play awards open for nominations
The third edition of ExxonMobil’s signature Power Play awards has been launched—this year with more awards categories and an even more diverse panel of international judges
26 April 2021
Taxing for takeoff: The hydrogen economy in the US
Lobbying season is underway for on Joe Biden's $2tn jobs plan, with a number of potential tax incentives for hydrogen on the table
20 April 2021
Gain granular control with engineering data in the cloud
Embracing technological agility is crucial for organisations to move at scale, work remotely and make better-informed operational decisions
20 April 2021
Data clarity key to successful business strategy
Digitalisation gives oil and gas operators unmatched access to actionable data insights, eliminating previous operational ‘unknowns’
1 April 2021
A new approach to coordinating offshore electricity grids
Sustained increases in UK and EU offshore wind power generation mean that making changes to regulation and infrastructure has become a priority
1 April 2021
Carbon border tariffs—the shape of things to come
The EU is very likely to push ahead with creating a carbon border adjustment mechanism, as soon as compliance with WTO rules can be assured
29 March 2021
Is the Middle East the key to Japan’s ‘hydrogen society’?
Without the ability to generate low-carbon hydrogen for the foreseeable future, the Asian nation needs a strategic partner to turn its ambitious plans into reality
10 March 2021
Taking the lid off digital transformation
Combining digitalisation with valuable real-time data helps businesses drive operational performance and counter stiff market competition
26 February 2021
Fit for the lower carbon future
What is ExxonMobil doing to prepare for a lower-carbon future while meeting energy needs of a growing population?
26 February 2021
Corporate PPAs could boost hydrogen deployment
Is it time to level-up corporate energy procurement for low-carbon hydrogen, following the successful use of PPAs for renewable electricity?
25 February 2021
Greening the LNG supply chain
The deal between Pavilion and Qatar Petroleum Trading illustrates how creating offset-ready arrangements will impact trading relationships and legal risk allocation
1 February 2021
ExxonMobil commends President Biden’s decision to rejoin the Paris Agreement
The US major has supported the accord since its adoption in 2015
29 January 2021
Financing hydrogen projects brings unique challenges
Hydrogen projects need bankable offtake schemes, with ammonia, refining and mobility projects offering the most promise
29 January 2021
Can the oil and gas industry deliver Canada’s hydrogen strategy?
The national government presented its new three-phase strategy in December that will build on its strengths in hydrocarbons and renewables
28 January 2021
Stormy weather ahead for energy transition M&A
Strategic M&A deals are always fraught with risk, and there will be too many oil and gas companies chasing too few transition-focused targets
28 January 2021
CC(U)S—Spotting problems in the pipeline
Even though the carbon capture sector is only just taking off, those thinking about getting involved need to consider the costs of decommissioning
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.

14 December 2020
Tapping into the data revolution
Producers sitting on immense silos of underused data can benefit from technological innovations
14 December 2020
Mena’s customer data dilemma
A finely tuned consumer data strategy depends on a unified approach
7 December 2020
The outlook for LNG in 2021 and beyond
Alex Volkov, vice president global LNG marketing for ExxonMobil, provides his thoughts about the past year and offers a brighter outlook for the years ahead
2 December 2020
Predictive Maintenance Takes on Operational Risk

In today's volatile, uncertain, complex and ambiguous (VUCA) global market, everything is changing — and in production environments, change means increased risk. How can capital-intensive organizations minimize their risk, especially when insurance coverage is less readily available?

Download this executive brief to learn how predictive maintenance can deliver the financial advantage you need to thrive — even in the most challenging market conditions.

30 November 2020
Middle East energy transitions continue apace
Renewables, desalination and hydrogen are all attracting official support and investment
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

10 November 2020
Driving offshore longevity
Savvy producers increasingly recognise the operational benefits of using digital technologies to extend asset life
10 November 2020
Transitioning to a data-driven energy market
Digital technologies can be key enablers to low carbon energy
30 October 2020
Industry seeks to replicate Taiwan wind success throughout Asia
Opportunities to invest in offshore wind energy developments are being created by government measures from Japan to India
30 October 2020
Canadian government leads the way on CCUS
Federal and provincial government measures have supported the deployment of several world-class projects
27 October 2020
How ExxonMobil is helping unlock LNG’s potential for India
Virtual gas pipelines can help address the rising demand for cleaner energy
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.

1 October 2020
Bridging the EV infrastructure gap
To keep pace with its ambitious targets for electric vehicle sales, the UK needs to invest heavily in charging infrastructure
1 October 2020
Australia battles to become renewables superpower
Initiatives to create market certainty and fix system constraints are creating an attractive investment environment
25 September 2020
LNG has come far but still has far to go
Vanguard award winner Tolu Longe has seen many changes for the better over the past two decades. But there is still more to be done
25 September 2020
Rising Star fulfilling her childhood ambition
Mervin Azeta has been passionate about helping to tackle global energy challenges from a young age
25 September 2020
Athlete-turned-CEO wins Rainmaker race
Jill Evanko has been a tough competitor since her college days. Now she is an award winner
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.

13 August 2020
Frontier markets turning to geothermal energy
In pursuit of alternatives to oil and gas production, certain developing countries are turning to the exploration and development of volcanically active hotspots
13 August 2020
Financing solar-plus-storage
Adding battery storage to solar projects alleviates intermittency and curtailment issues but brings contractual and financing issues
13 August 2020
Turning the tide on ocean energy
Tidal power facilities offer a clean and renewable energy but have struggled to attract the investment to finance substantial capex. The development of movable structures may mean this will change
13 August 2020
Hitting the gas in South Africa
The expanding role of LNG and a new round of gas exploration appear set to alleviate the country’s energy supply problem
4 August 2020
ExxonMobil announces Power Play finalists
Community voting is now open across the three categories for the awards, which champion inclusion and diversity by celebrating remarkable women and men in the LNG industry
3 August 2020
PE Live: Hydrogen storage to boost offshore wind
The ability to store and transport energy as hydrogen means that far more locations in the North Sea and elsewhere become viable for wind generation
25 July 2020
PE Live: Local hydrogen policies may shape global industry
EU member states and US state governments may have more impact on the development of the hydrogen economy than EU institutions or the US federal government
18 July 2020
PE Live: Hydrogen set for widespread industrial use
Technology for using hydrogen to reduce CO2 emissions is proven and large-scale projects are in development across power, steelmaking and maritime fuels among many sectors
18 July 2020
PE Live: Hydrogen set for widespread industrial use
Technology for using hydrogen to reduce CO2 emissions is proven and large-scale projects are in development across power, steelmaking and maritime fuels among many sectors
1 July 2020
Positioning for a lower-carbon energy future
Energy is essential. Accessible and affordable supplies of energy support the ability to meet the basic requirements of life and fuel society's progress around the world.
30 June 2020
Hydrogen paves the way to decarbonisation
While the ultimate global aim is zero-carbon green hydrogen, there is a key role for every other colour of production in the construction of a hydrogen economy
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. 

9 June 2020
Creating supply and demand to build the hydrogen economy
Hydrogen technologies are rapidly improving and will become increasingly cost competitive over the next decades
1 June 2020
ExxonMobil takes the long-term view
The firm’s head of LNG remains confident for a growing role for gas in the energy future
28 May 2020
Covid-19 is accelerating the move to renewables
The pandemic and resulting fall in demand for energy is hitting the willingness to fund oil and gas projects more than those involving renewable energy
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

27 April 2020
Have your say on industry diversity
As the Covid-19 pandemic continues to disrupt our daily lives and the economic landscape changes, we must not lose focus on other important issues within our industry
27 April 2020
LNG: The drive for efficiency in increasingly challenging times
Progress continues to be made on driving down costs to help LNG meet the industry’s dual challenge
1 April 2020
Diversity programmes bring positive energy to LNG
LNG is making a contribution to a cleaner energy future. Diverse workforces have their part to play as well.
25 February 2020
Energy demand: Three drivers
Energy use will be increasingly efficient and less carbon intensive than it is today
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