Advanced Concepts 3 min read
Service companies vie for market share of digital technologies
The E&P industry’s oilfield service companies seem to be meeting the sector’s digital transformation head-on. Last week, three large service…
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Advanced Concepts 3 min read
Big data could help operators prepare offshore assets for hurricanes
Add storm prep to the list of operations that big data analytics can help oil and gas companies improve upon.…
Advanced Concepts 2 min read
Blockchain could become disruption technology for energy companies
The digital ledger system called blockchain, which was created along with the invention of the digital cryptocurrency known as bitcoin, is beginning…
Advanced Concepts 3 min read
Venezuela’s proposed ‘petro’ is a risky bet, with purported combination of cryptocurrency, oil reserves
As the buzz around cryptocurrencies begins to reach a fever pitch, the Venezuelan government has announced a plan to release…
Advanced Concepts 3 min read
FG Directs NCDMB To Achieve 100% Offshore Platform Fabrication By 2027
The Minister of State for Petroleum Resources, Ibe Kachikwu, speaking at the just-concluded Nigerian Content Workshop in Imo, has charged…
Advanced Concepts 2 min read
Eterna Plc Launches First Made In Nigeria Castrol Oil Brand
Three new automotive lubricants from the Castrol brand, Castrol Edge, Castrol Magnatec and Castrol GTX Essential, were launched into the…
Advanced Concepts 2 min read
Oil Price Reaches $70 For First Time Since 2014
Brent crude futures, used in the pricing of more than half the world’s oil, rose as much as 1.2% to…
Advanced Concepts 3 min read
254 Companies Bid For Purchase Of Nigerian Crude Grades
For the third consecutive year, the gale of transparency and innovation in the marketing and management of Nigeria’s crude oil…
Advanced Concepts 2 min read
Get Fracking!
What’s relatively clean-burning, abundant, and possibly the next big thing in reducing America’s carbon footprint? Would you believe… natural gas? Vast…
Advanced Concepts 2 min read
5 key signposts that will set the cost of the marginal barrel of oil in the long term
Our updated Global Oil Supply & Demand Outlook to 2030 explores in detail the 5 signposts that will set the cost of…
Advanced Concepts 6 min read
Diesel demand: still growing globally despite Dieselgate
Two years after Dieselgate, the impact of the diesel emissions scandal on final demand appears to be smaller than many…
Advanced Concepts 4 min read
Who is paying for the biofuels mandate?
The cost of complying with the US renewable fuels standard (RFS) has become a major cost item for US refiners…