Category: Energy

According to the International Energy Agency, annual investment in new capital projects—which stood at just over $1.5 trillion before the COVID-19 pandemic—is set to reach nearly $2 trillion between 2025 and 2030. Capital projects in the energy industry typically involve billions of dollars in investment and millions of engineering and construction hours. Over the life […]

A world leader in energy solutions and technology with a global presence intends to accelerate its data-driven innovation. The company wanted to unleash the potential of its enterprise data assets to accelerate the global transition to sustainable energy solutions and set out to develop a cutting-edge platform for enterprise data and advanced analytics that breaks […]

In the energy and commodity trading industry, traders negotiate transactions with brokers and counterparties directly. These negotiated transactions are called over-the-counter (OTC) deals. Price discovery for OTC deals is unlike price discovery for common equity, options, and other financial instruments, where pricing information is generally market-efficient and available in near real time. In OTC trades, […]

Introduction Distributed energy resources (DERs) refer to small-scale power generation and storage systems that are located close to the point of consumption, typically at the distribution level of the electrical grid. DERs include—but are not limited to—renewable energy sources such as solar panels and wind turbines, energy storage systems such as electric vehicles and batteries, […]

At the close of COP27 last year, there were five crucial takeaways that charted the course for collective climate action, a defining challenge of our generation. These conclusions ranged from establishing a groundbreaking fund for loss and damage, a vital step in supporting countries battered by climate catastrophes, to setting a firm course towards maintaining […]

Compliance and security are increasingly important in a world full of ever-evolving security threats. This need for security is particularly apparent in the energy and utilities industry, where infrastructure is highly regulated by various parts of government. For gas distribution company SGN Ltd. (SGN), this made migrating its gas control infrastructure to the cloud a […]

The energy sector is increasingly recognizing the vital importance of women and diversity in driving innovation, enhancing decision-making, and fostering sustainable growth. In an era where global energy challenges are complex and multifaceted, the inclusion of diverse perspectives, particularly from women, is not just a moral imperative but a strategic necessity. By embracing diversity, the […]

Seismic Interpretation is the extraction of subsurface geologic information from seismic data. Due to the large data volumes and a move to 3D seismic interpretation, end users typically require high-spec workstations with 3D graphics cards and large, high-resolution monitors to make the most efficient use of the expensive data and machines. High latency in the […]

About OSDU OSDU provides an industry initiative that aims to create an open-source technology-agnostic data platform for the energy industry. The OSDU platform supports most data types found in the energy industry. The components of OSDU include a common data model, APIs, and data governance frameworks to facilitate seamless integration and interoperability of energy data […]

A reliable and secure energy supply is at the heart of today’s world. Oil and gas companies are facing a perfect storm of operational and business challenges. Transition to renewable energy sources, volatile commodity prices, increasingly strict environmental regulations, increasing geopolitical and macroeconomic uncertainty, and all amidst pressure to sustainably find, produce and refine hydrocarbons […]