Jonathan Fisher QC writes that Petrofac's real punishment has been served in the Middle East, not in London
The recent fine imposed on Petrofac by a criminal court in London for corrupt dealings is intended to send a clear message to the business community. But the real punishment suffered by the company has been inflicted by the impact of its conduct on its commercial dealings. Instead of benignly acquiescing in the receipt of […]
Even though this involves some risk, tech-savvy businesses understand that today's investment can shower massive returns in the future
The upstream oil & gas industry is investing heavily in search for new reserves or resource plays, new extraction technologies, and advancements in operational automation. Even though this involves some risk, tech-savvy businesses understand that today’s investment can shower massive returns in the future. Regardless of the asset type, the need of the hour is […]
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It is estimated that 90% of emissions along the LNG supply chain can be mitigated with current technologies
The unique flexibility of liquefied natural gas (LNG) to deliver natural gas to all corners of the world is saving the day for both producers and consumers in the face of shortages of other energy sources, Secretary General of the Gas Exporting Countries Forum (GECF) said at the 10th edition of the LNG Producer-Consumer Conference. […]
Yury Sentyurin, Secretary General of the GECF, commented on the role of gas in the energy transition at the Russian Energy Week
The current energy crunch around the world and the intensifying climate change debate serve to highlight the serious need to embed natural gas as part of a long-term solution to energy market stability and transition, HE Yury Sentyurin, Secretary General of the Gas Exporting Countries Forum (GECF) said at the Russian Energy Week (REW). On […]
Liquids storage projects would constitute around 29% of all midstream projects’ starts in China during the period 2021 to 2025
China is expected to commence the operations of 70 midstream oil and gas projects from 2021 to 2025, accounting for about 21% of the total upcoming midstream project starts in Asia by 2025, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Global Midstream New Build and Expansion Projects Outlook, 2021-2025 – […]
The region is well-positioned for a green hydrogen boom
The Latin America and the Caribbean (LAC) region is well positioned to participate in the burgeoning hydrogen market, which will play an important role in the coming decades in the global transition to greener energy, according to GlobaData, a leading data and analytics company. GlobalData’s latest report, ‘Latin America and the Caribbean Hydrogen Market’, notes […]
Lars Liebig, Managing Director, Uniper Energy Dubai, comments on the need for partnerships to enable zero-carbon shipping
There is no doubt that ammonia and methanol are in the race to be the most viable zero-carbon bunker fuels in the global shipping industry. When you consider the rapid acceleration of the world’s transition to a greener future and that shipping facilitates 90% of the world’s traded goods, the importance of these budding markets […]
Top reasons to consider mobile barcoding for your ERP and questions to ask before buying
Companies across the globe have transformed their supply chain with mobile barcoding. Whether you handle inventory in the warehouse, on the shop floor, for maintenance and repair, or out in the field—or all of the above—mobile barcoding is the new standard for modern material handling. If your operation doesn’t use mobile barcoding, your enterprise is […]
