Short-Term Headwinds and Fundamental Long-Term Change Will Challenge Oil and Gas Industry in 2020
Uncertainties in many areas remain a challenge to performance and investment in the oil and gas industry, says Deloitte in its 2020 Oil, Gas, and Chemical Industry Outlook. The firm advises companies that balancing coming disruptive forces associated with energy transition and sustainability with day-to-day positioning will be increasingly crucial next year. The report identified [...]
How Southeast Asian Upstream Operators Are Digitalizing
Three of Asia’s biggest upstream operators are now in the midst of full-scale digital adoption. The companies are beginning to see results, but none is counting on a “big bang” in development of the technology any time soon. Over the past couple of years, Malaysia’s Petronas, Shell Malaysia, and Thailand’s PTT Exploration and Production (PTTEP) [...]
Total To Open “Digital Factory” in Paris
Total plans to open a “digital factory” in Paris early next year that will combine up to 300 developers, data scientists, architects, and other specialists in an effort to accelerate the company’s digital transformation. The digital factory will develop digital solutions to improve Total operations; offer new services to customers, notably when it comes to [...]
Hacker Wants About $5 Million in Ransom From Pemex
The hacker behind a cyberattack that has crippled Petroleos Mexicanos’s computer systems since the weekend is hoping to squeeze almost $5 million out of the company and appears to have set a deadline of Nov. 30. Pemex has other ideas, saying it won’t pay the ransom and hopes to solve the cyberattack problem today, according [...]