Join us on 17 October for a free webinar on addressing the hidden risks of Shadow OT on oil and gas cybersecurity
As operational technology and internet technology become increasingly entwined, oil and gas companies must prepare for the risks presented by Shadow OT–operational technology that can expose oil and gas companies to cybersecurity risks and cause major production and safety issue. The real danger is in the fact that most companies will not know where it […]
The US is expected to lead North America’s planned and announced gas processing capacity additions projects over the next 5 years , contributing approximately 65% of the regions gas processing additions by 2025, according to GlobalData, a leading data and analytics company. The company’s latest report, ‘Gas Processing Industry Outlook in Europe, North America, and […]
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HE Yury Sentyurin, Secretary General of the GECF, comments on the role of gas in the energy transition
With such significant events as the G20 Environment, Climate and Energy Ministerial Meeting, the first ever UN High-level Dialogue on Energy and the two-years-long awaited UNFCCC COP26 in Glasgow, United Kingdom next month, 2021 has been dubbed as a year that will ‘make it or break it’ on climate action. Coming on the back of […]
Transmission pipeline projects will constitute approximately 47% of midstream project starts in India between 2021 and 2025
India is likely to start the operations of 118 midstream oil and gas projects from 2021 to 2025, accounting for 35% of the total upcoming midstream project starts in Asia by 2025, according to GlobalData. GlobalData’s latest report, ‘Global Midstream New Build and Expansion Projects Outlook, 2021-2025 – Transmission Pipelines Dominate Global Midstream Project Starts’, […]
Rachel Clingman, McDermott’s Executive Vice President of Sustainability and Governance at McDermott, answers our questions about engineering the energy transition
What are McDermott’s priorities in relation to the energy transition?We have a number of priorities based on the belief that multiple avenues will be needed to decarbonize capital infrastructure at scale and at the pace required while maintaining accessibility and affordability. We are actively partnering with clients and other innovators in five areas where we […]
Al-Kaabi stressed the role of natural gas in the energy transition
Saad Sherida Al-Kaabi, Minister of State for Energy Affairs, The President and CEO of Qatar Petroleum, stressed the importance of collaboration between all concerned to help mitigate the effects of climate change. Speaking at the First Asia Green Growth Partnership Ministerial Meeting held virtually from Tokyo with the participation of Asian energy ministers, His Excellency […]
Oil prices are fluctuating on Wednesday, with the projected market tightness driving them to new multi-year highs in the morning. Later in the day, API projections that crude stocks rose in the US spread concerns over the speed of the rally, with prices being trimmed back
Oil prices are currently that high that they carry quite some risk for traders, with today’s wild fluctuation illustrating their fragility and vulnerability to market developments. As Monday’s OPEC+ policy decision does not relieve the market tightness further in coming months, oil prices continued their stunning rally this morning. Despite the bullish morning, the API […]
Oil prices continued to rise on Tuesday, a day after the OPEC+ meeting kept its supply comeback plan unchanged, with traders pricing in further the tight market conditions.
The confirmation that OPEC+ would keep a cap on supply, instead of feeding the market with even more product and bringing it towards a closer equilibrium, drove traders into a buying frenzy for front-month Brent contracts, as the decision guarantees a tight supply picture in November and December. Is the growing oil price becoming an […]
