Ronald Brennan

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IBM Services and SAP Introduce Plans for a New Solution to Help Oil and Gas Companies Streamline Joint Venture Accounting with Blockchain

<b>IBM Services and SAP plan to develop an innovative digital solution to improve the adoption of blockchain capabilities for joint venture accounting</b> …

Chevy will soon let you pay for gas from inside your car

Refueling your Chevy car or truck is about to get a little easier with the launch of Chevy’s new in-dash payment system. The service, which is being …

Cyberattack pings data systems of at least four gas networks

At least four U.S. pipeline companies have seen their electronic systems for communicating with customers shut down over the last few days, with …

Wellsite announces blockchain integration, launch of Crudecoin token sale

Wellsite, a professional network and collaboration platform for the upstream oil and gas industry, today announced a major blockchain initiative for …

Total partnership to deploy world's first autonomous offshore robot

Robots could soon be working autonomously alongside humans on a North Sea platform as part of a world-first project from the Oil and Gas Technology …

Lumina unveils new geophysical-modeling tool

Leonardo, the new geophysical-modeling tool from Lumina, is now available. The tool allows users to imagine, model and test 2D earth models more …

Gazprom Neft establishes new digital innovation center

A new Digital Innovation Center is being established at Gazprom Neft, for the development and implementation of digital technologies in logistics, …

Market Transparency Unit for Fuels

The Market Transparency Unit for Fuels is intended to enable consumers to gain information on current fuel prices in Germany.<p>(© Gina …

Projects

Vital Stats

18:09 PM | April 13, 2018<p><i>N. America chemical rail up 2.7% YOY</i><p>During the week ended 7 April, chemical railcar traffic in North America increased 2.7% …

Oil and Gas: BP and Petrobras form strategic alliance

BP and Petrobras currently partner in 16 exploration blocks in Brazil and are both members of the Oil & Gas Climate Initiative, a voluntary, CEO-led …

BP And Tesla A Green Combo In The Making

Courtesy: BP Wind energy site.<p>Investment Thesis<p>BP Plc. (BP) is one of my selected oil supermajors that you can add to your "oil stocks basket" with …

Shell to make electricity 'fourth pillar of business' - Electric Power

Shell on Thursday published a report entitled "Energy Transition," showing how the company expects to adapt during the transition to low carbon …

Shell's Oil Isn't Stranded Today, But Tomorrow Matters More

The 92220 Evening Star was the last steam locomotive built by British Rail, back in 1960. It was retired only five years later, as diesel and …

America’s chemicals industry is booming. But politics may get in its way

“THIS is what $3bn looks like.” So beams a manager at Chevron Phillips Chemical (CPC), a petrochemical company jointly owned by Chevron and Phillips …

Aramco Wants More India Deals in Plan to Double Refining Output

Saudi Arabian Oil Co. is looking for more crude refining partnerships in India, the world’s fastest-growing oil market, as part of a plan to double …

Apple, Step Aside: Saudi Aramco World’s Most Profitable Company in 2017

<b>Saudi Aramco's profits surpass some of the business world's biggest names, with net income in the first six months of 2017 estimated at $33.8 …

Chevron in further multibillion-dollar investment in Gorgon LNG

Chevron and its partners in the $US54 billion Gorgon LNG venture have committed a further several billion dollars in investment to sustain offshore …

Norwegian major Statoil eyes future projects with Mexico's Pemex

MEXICO CITY (Reuters) - Norway’s Statoil will evaluate new offshore projects in Mexico, including potential tie-ups with state oil company Pemex, the firm’s top executive said, adding that a first deepwater well in an existing Gulf project will likely be drilled next year.<p>Statoil CEO Eldar Saetre …

Oil & Gas Industry

Iron Ore Market Global Analysis by 2023: Vale, Fortescue Metals, BHP and Rio Tinto – Financial Analyst

Iron Ore market report passes on a fundamental review of the industry including its definition, applications, and innovation. Also, the industry …

The Aramco accounts: Inside the world's most profitable company

It’s a cornerstone of the global economy, producing and selling 10 MMbopd. Yet for four decades the financial performance of Saudi Aramco has been …

BP Management: We Have Some Big Things Coming Down the Pipe

A lot of BP's major projects came to fruition in 2017, which will go a long way in getting to its goal of 1 million barrels per day in growth by 2020.<p>…

Statoil Bets Floating Offshore Wind and Carbon Capture Are the Future of Energy

Statoil is the largest operator of oil and gas rigs around the world. Consequently, the company's biggest low-carbon investments are offshore: …

Digital Innovation in the Oilfield and the Value of Virtual Company Man

The relationship between operators and suppliers in the oil and gas industry has always been complex. One of the remarkable things about the oil …

Statoil to change name to Equinor

The board of directors of Statoil proposes to change the name of the company to Equinor. The name change supports the company’s strategy and …

Shell sets out strategy for dealing with shift from fossil fuels | Financial Times

Royal Dutch Shell said it saw little risk of being left with “stranded assets” as the world begins to shift away from fossil fuels and promised to …

Fossil Fuels

Shell to transition from oil when it ‘makes commercial sense’

Oil giant Shell said today that it will continue to “sell the oil and gas that society needs” but is also positioning itself to transition further …

The Pay-For-Someone-To-Pump-Your-Petrol Service Is Being Trialled And You Can Try It For Free

The updates everyone's been talking about...<p>ADNOC recently announced a new premium gas pumping service; where if you want someone to pump your gas, …

IHS Markit: Canada could supply one third of USGC heavy oil market by 2020

Supplies of Canadian oil sands heavy crude are increasingly being refined on the US Gulf Coast (USGC) and could top 1.2 million b/d—a full one third …

BP unit agrees to buy and install Tesla battery for U.S. wind farm

A BP Plc. BP, -4.06% subsidiary has signed an agreement to buy and install a Tesla Inc. TSLA, -1.09% high-storage battery for its wind farm in South …

Tesla