Energy Transition Expected to Play a Major Role in the Oil and Gas Industry
Oil and gas storage primarily refers to the state employed for the safe storage of both refined and unrefined products including gas oil, gasoline, diesel,...
Business
Bringing Goodwill & Asset Impairment Testing into Focus
by Kevin Cannon
Public and private energy companies should address year-end 2019 goodwill and long-lived asset impairment testing procedures so quarterly and financial audits and reviews can go...
Thinking Outside the Box: Unconventional Supply Chain Planning
by Patrick Long
Optimizing your energy supply chain requires thinking outside the box to maximize efficiencies and profitability. When you think of your supply chain, what do you...
What’s All the Buzz Around IMO 2020 About in Utah?
by Patrick Long
Find out what the buzz is all about surrounding the IMO 2020 low-sulfur marine fuel regulation in The Beehive State. An editorial published in the...
Shorter-cycle Investments, Shift to Natural Gas and Adoption of New Technologies to Characterize Oil and Gas Industry in 2020
As 2019 draws to a close, Anna Belova, Senior Oil and Gas Analyst at leading data and analytics company GlobalData, looks at the key trends...
Digital Twin Technology Can Drive Greater Efficiency, Support New Business
Oil and gas industry experts are constantly searching for ways to produce energy more efficiently. And they are seeking methods to improve health and safety...
Oil and Gas Companies are Reaching for the Sky
Drones or UAS (Unmanned Aircraft Systems) have gained popularity over the years recreationally, in business and in industry. In the oil and gas sector, this...
Oil Markers: Useful Pricing Tools
Benchmark crude (oil marker) is the petroleum that serves as a pricing reference for other types of oil and oil-based securities. The benchmark makes it...
The Role of Technology in Sustainable Long-Term Cost Reduction Initiatives
Among the most important challenges being faced by the oil and gas industry nowadays is the growing complexity of their supply chains. This is due...
Battling the Problem of Aging Infrastructure and Regulatory Compliance
It is no secret that infrastructure in the oil and gas industry isn’t getting any younger. Climate change, urbanization, migration, and population growth put further...