Tag: energy

Multifaceted challenges in emission management Managing methane emissions has become increasingly important in the dynamic oil and gas sector. Operators are embracing the opportunity to meet rising emission monitoring requirements, using the wealth of data from screening sensors, addressing emissions fees, and enhancing their reputation by proactively managing super emitter identification. These opportunities are supported […]

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 […]

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, […]

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 […]

Evolving regulation is making accurate reporting more important than ever The oil and gas industry’s combustion emissions are a contributor to the greenhouse gas (GHG) emissions that are a cause of climate change. Tracking and reporting of these emissions is necessary for oil and gas operators to measure and reduce their environmental impact and satisfy […]

With 4,000 wells to manage and intelligent alerts to build and run, Marathon Oil decided to use Amazon Web Services (AWS) to improve its alert development time from months to hours. With its existing environment, the team at Marathon Oil was developing on average four intelligent alerts per year. “We weren’t getting any traction because […]

Introduction The purpose of this blog is to demonstrate one method of how effortlessly you can automate the data extraction, transformation, and building of an accurate power-demand forecasting pipeline using Amazon Web Services (AWS) services, such as Amazon Forecast, a time-series forecasting service based on machine learning (ML). This blog describes how Power Trading Corporation […]

Digitization is transforming the energy industry. However, at Xcel Energy, a major US electricity and natural gas company, legacy technology infrastructure and a reliance on cloud-service contractors were limiting the benefits of digital development. Jared Keith, DevOps lead, joined Xcel Energy in 2019 to help launch new solutions in Amazon Web Services (AWS) and later […]

Electricity provider EDF in the UK (EDF) is preparing its business for growth. The company has one of the largest market shares for providing electricity to businesses in the United Kingdom, and it continues to expand its offerings. In 2019, EDF launched an initiative to modernize the IT supporting its business solutions. Its infrastructure needed […]