According to Wood Mackenzie, the oil market faces a precarious few months. The imposition of US secondary sanctions on Iranian exports today is the critical factor behind Brent’s rally to over US$80/bbl in October. There is enough supply to meet demand this winter, but the margin for error is narrow.
Schneider Electric, the leader in digital transformation of energy management and automation, welcomes the OPC Foundation recognition of industry efforts to bring interoperable communications to field level industrial operations.
Metso has successfully completed its acquisition of the valve automation division of India based Rotex Manufacturers and Engineers Private Limited (RMEPL), by acquiring all of the shares in RMEBS Controls Private Limited (RMEBS).
New research released by Honeywell shows that removable USB media devices, such as flash drives, pose a significant – and intentional – cybersecurity threat to a wide array of industrial process control networks.
CCC, ENI Versalis and Nalco Champion present a case study where a turbo train performance monitoring system optimised a charge gas compressor in an ethylene plant.
ISD approves CITGO Innovation Academy at West Oso School District in Corpus Christi.
Simon Jones, Head of Professional Services, Petrotechnics, discusses the state of process safety and operational risk management, arguing it is time for a digital makeover.
A major operator needed mechanical, inspection, and heat-treating services to support a large integrated hydrocarbon processing complex turnaround effort during peak season when resources were strained. This article looks at how TEAM helped the operator achieve significant cost savings.
Fuel price increases will outpace Asian governments’ ability to offset them with subsidies, according to ESAI Energy’s recently published Asia Watch.
The Turbomachinery Laboratory at Texas A&M University hosted another record-breaking Turbomachinery & Pump Symposia last week.
With the US and China imposing another round of tariffs on an increasing number of products, the cost of doing business in the United States is rising.
BP, Equinor, Shell and Total CEOs announce that they have agreed to join forces to create a collaborative approach to human rights supplier assessments in the energy industry.
Following completion on July 6, 2018 of the acquisition of a 73.04% stake in the share capital of Direct Energie at €42 per share, Total welcomes the results of the public tender offer published by the Autorité des marchés financiers (AMF) .
The appointment of Momar Nguer, President of Total Marketing Services S.A. (TMS), a wholly owned subsidiary of Total, and Philippe Montantême, Senior Vice President, Strategy Marketing Research of TMS, is effective immediately.
CUI Global, Inc. have announced from the Gastech 2018 Exhibition and Conference that its wholly-owned energy subsidiary, Orbital Gas Systems has signed a definitive Cooperation Agreement with SAMSON AKTIENGESELLSCHAFT for the global sales and distribution of the Company’s proprietary GasPT®, VE Technology® and combined GasPTi analyser.