Oil and gas readies for the digital decade
Digital transformation will shape the energy industry of the 2020s
The energy industry is under increasing pressure to adapt and evolve in a wider macro environment where concerns around climate change and the drive for sustainability have become increasingly prominent. Its future will demand efficiency, safety, security and a reduced environmental impact. There is no doubt that the sector will change significantly over the next 10 years, driven by these requirements and the industry’s response to them. We believe that these changes will be particularly marked in four key areas. Technology “Data is the new oil” has become a oft-used phrase in recent years. What that means in practice is that new technologies such as blockchain, the internet of things (Io
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The US president has repeatedly promised to lower gasoline prices, but this ambition conflicts with his parallel aim to increase drilling and could be upended by his war against Iran
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With the Strait of Hormuz effectively closed following US-Israel strikes and Iran’s retaliatory escalation, Fujairah has become the region’s critical pressure release valve—and is now under serious threat
