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 Offshore Technology
Digital twin market to surpass $150bn by 2030, impacting many industries
GlobalData’s Digital Twins report examines growth and users across many industries including power, healthcare and sport. The digital twin market will be worth $154bn by 2030 having expanded at a... (photo: AI)
Business Digital twin market Global Trading Photos |
 Natural Gas World
US ties renewal of easing of Venezuela oil sanctions to progress on elections
WASHINGTON/HOUSTON, April 15 (Reuters) - The U.S. will not renew a temporary license that widely eased sanctions on Venezuela's oil and gas sector unless progress is made by President Nicolas Maduro... (photo: AP / Ernesto Vargas)
Gas Oil Photos Venezuela |
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 Offshore Technology
Saudi Arabia considers May oil price hike
The world’s largest oil producer set the trend for prices in Iran, Kuwait and Iraq. The world’s largest oil exporter, Saudi Arabia, may increase the official selling... (photo: AP / Amr Nabil, File)
Energy Oil Photos Saudi Arabia |
 Offshore Technology
Most companies are aligned with national net-zero targets, as per GlobalData poll
Just over 40% of respondents said that their company’s emission reduction targets complemented their country’s net-zero plans. Post the Paris Accord of 2015, the global... (photo: AP / Charlie Riedel, File)
Business Emissions Environment Photos |
 Offshore Technology
Iraq blames foreign companies for ongoing closure of oil pipeline
The Iraqi oil ministry said companies operating in the Kurdistan region have failed to submit contracts for revision. Iraq’s oil ministry has blamed foreign oil companies... (photo: AP / Nabil al-Jurani, File)
Energy Iraq Oil Photos |
 Offshore Technology
Exxon ahead of LNG expansion targets
The oil and gas giant will focus on producing its own liquefied natural gas (LNG) rather that trading that of third parties. US oil and gas company Exxon Mobil is ahead... (photo: AP / Matthew Brown, File)
Gas Global Trading Oil Photos |
 Offshore Technology
Rapid digitalisation enabling blockchain adoption in oil and gas industry
The potential of blockchain in the oil and gas sector is poised for substantial growth as companies increasingly recognise its full capabilities. Blockchain is emerging... (photo: Creative Commons)
Gas Oil Photos |
 Offshore Technology
Hydrogen uptake will cost Europe and US more than $1trn, Mitsubishi says
A successful commercial move to hydrogen will only be possible if new demand emerges, executive says. Widescale adoption of hydrogen in Europe and the US will cost more... (photo: AP / Tony Dejak)
Energy Hydrogen Oil Photos |
 Offshore Technology
Global natural gas demand set to rise 34% by 2050
The report predicts rises in demand and production as well as market shifts in production dominance. A predicts that global demand for natural gas will rise 34% by 2050.... (photo: AP / Markus Schreiber)
Energy Gas Global Trading Photos |
