The collaboration will bring together AWS and IBM Open Data for Industries for a comprehensive OSDU data solution
IBM and Amazon Web Services will work together to pair IBM Open Data for Industries for IBM Cloud Pak for Data and the AWS Cloud to serve energy customers. The solution is built on Red Hat OpenShift and will run on the AWS Cloud, simplifying the process of running workloads in the AWS cloud and on-site. The companies also […]
Even though oil prices are trading slightly lower today, the overall market environment is bullish and a US crude storage draw confirmation could again tilt the scale towards gains
Even though oil prices are losing a few cents to the dollar today, the overall sentiment has lifted since yesterday and the market should see the forest for the trees, as overall market conditions remain bullish and – under the current oil supply status quo – oil valuation is on track for further ascent. If […]
The November edition of Oil & Gas Middle East is out now– click to read it now!
Oil prices are falling today on a bearish cocktail of crude storage builds in the US, pressure on OPEC+ to increase production further, a new Covid-19 breakout in China, and the possibility of tighter monetary policies ahead
Oil prices have taken a bearish pivot as the market appreciates a brewing standoff between oil-consumers and OPEC+, a forecasted build in US crude storage, and the resurgence of Covid-19 cases in China. The bearish cocktail of storage builds and pressure on OPEC+ to raise production has slashed value from both Brent and WTI barrels, […]
Oil prices started the week with gains, as the market expects OPEC+ to maintain its supply policy and not relieve the extreme supply tightness
The oil market is expected to see bullish momentum this week, at least until OPEC+ meets, as traders expect no change of supply policy by the group, despite the extreme market tightness. Oil prices are already rising today, despite the OPEC+ meeting being scheduled for Thursday, ignoring bearish developments such as China deciding to release oil […]
JP Morgan advised on ten deals valued at $1 billion or more
JP Morgan has emerged as the top financial adviser for mergers and acquisitions (M&A) by both value and volume in the oil & gas sector for Q1-Q3 2021, according to GlobalData, having advised on 22 deals worth $47.7bn. The leading data and analytics company notes that there was a total 1,257 M&A deals announced in […]
Missed the Oil & Gas Future Forum? Watch the full event here!
Watch all three panels from the Oil & Gas Future Forum on-demand now. 0:00:00 – Hydrogen on the Horizon Jeffrey McDonald, Hydrogen Pricing Specialist at S&P Global Platts Jeffrey Benoit, Vice President of Strategy, Marketing and Hydrogen Initiatives at PSM 0:40:00 – How HSE will transform following the pandemic Shaun Hannam, EMEA head of HSES […]
Oil prices fell today on API’s report of a surprise build in US inventories last week
With OPEC+ reluctant to act and increase supply further amid the market tightness, the only downside to oil prices could come from inventory data this week – and that’s exactly what moved markets today. While it does not reverse the overall bullish momentum going forward, the latest forecast by the API on swelling US crude […]
Experts will gather at 2PM GST to discuss some of the most vital topics impacting the future of the oil and gas sector
As the oil and gas industry continues to transform, we are bringing together experts from across the industry to discuss the future for upstream at the second edition of the Oil & Gas Future Forum. The forum is virtual and free to attend, and will comprise three panels starting at 2PM GST–join us to hear […]
As the oil and gas industry continues to transform, we are bringing together experts from across the industry to discuss the future for upstream at the second edition of the Oil & Gas Future Forum. The forum is virtual and free to attend, and will comprise three panels starting at 2PM GST tomorrow–join us to hear from […]
