Creating Resilience In Oil And Gas Supply Chains With Technology

The Covid-19 pandemic has everyone rethinking what steps to take for resilience today, and how to safeguard that resilience for an uncertain energy future. Nearly every oil and gas executive said, in the just released EY Oil and Gas Digital Transformation and the Workforce Survey, that their company will have to change how it operates coming out of the downturn. What’s implied by that result is that oil and gas executives don’t expect the market to ever go back to where it was.

They are right. Oil demand is unlikely to return to the path it was on before the pandemic. New ways of living, working and operating our day-to-day lives have taken hold and are likely to permanently transform traditional choices. When we get to

Read More

“Blood and Oil” coauthors on Mohammed bin Salman and the future of Saudi Arabia

In this episode of Intelligence Matters, host Michael Morell interviews Bradley Hope and Justin Scheck, reporters for The Wall Street Journal and co-authors of Blood and Oil: Mohammed bin Salman’s Ruthless Quest for Global Power, about the leadership style and strategic decision-making of Saudi Crown Prince Mohammed bin Salman (MBS). Hope and Scheck offer their assessment of the “dichotomy” of MBS, explaining how he has behaved as both a great reformer and ruthless dictator. They also discuss his likely awareness of the murder of dissident Jamal Khashoggi, his views on political reform, and attempts to diversify the Saudi economy.

Highlights: 

  • On bin Salman’s reaction to Killing of Jamal Khashoggi; JUSTIN SCHECK: “I think he was very surprised by the outrage and by the fact that people in these other countries that he considers as important were going to harp so much on the death of one Saudi citizen.
Read More

Oil and gas industry must address digital skill gaps to thrive in the future



Read More

Was An Engine Malfunction To Blame For The Wakashio Oil Ship Crash In Mauritius?

A series of statements last week by the Mauritian Police about the Voice Data Recorder (VDR) of the oil spill ship, Wakashio, has attracted a lot of attention in Mauritius.

There appears to be a divergence from the accounts offered by the Panama Maritime Authorities and what the Wakashio’s Voice Data Recorder reveals. 

It will be crucial that this discrepancy is properly investigated, to ensure the uncertainty surrounding the Wakashio does not continue to persist, given the impact the oil spill has had on the country which is still in a state of National Environmental Emergency.

Questions have also been asked about why other vessels

Read More

Wakashio Captain’s ‘Wifi’ Story In Doubt Following New Revelations In Mauritius Oil Spill Case

The Indian Ocean island of Mauritius is still reeling from the devastating oil spill caused by the Panama-flagged, Japanese-owned vessel, The Wakashio. More questions are now being asked about the cause of the incident as the original claims start to unravel.

The first day that the Panama Maritime Authorities landed in Mauritius on September 8, they claimed that the captain had ordered a change of course to “find internet or a telephone signal.” 

While this captured many headlines, most in Mauritius were doubtful about this account, given that internet connectivity was easily available even 12 nautical miles off shore, where most vessels on the busy

Read More

Concerns About Tampering With Oil Fingerprinting In Mauritius Spill Ship Wakashio

Newspaper reports in Mauritius this week have raised concerns about tampering with the oil fingerprinting linked to the Japanese-owned vessel, the Wakashio. 

The vessel ran aground amid a network of highly protected areas in Mauritius at the end of July, and was responsible for the biggest oil spill in Mauritius history 12 days later, setting off a State of National Environmental Emergency in the country and an ecological crisis as endangered species on a highly protected reserve were directly impacted by the spill.

In the national Mauritian newspaper, the Le Mauricien on 4 October 2020, a full page is devoted to the concerns about the handling of the oil fingerprinting by the crew of the Wakashio

This comes amid questions about

Read More

New Mexico swing-district debate hinges on oil, border

SANTA FE, N.M. (AP) — GOP congressional challenger Yvette Herrell embraced President Donald Trump’s border-wall strategy and burnished an anti-abortion, pro-petroleum philosophy in a bid to unseat Democratic Rep. Xochitl Torres Small during a televised debate.

“I’m proud to stand with President Trump on securing our southern border,” Herrell, a former state legislator, said during the Wednesday night face-off.

Battling to win a second term in the 2nd Congressional District — a swing district that includes an oil-producing region along the border with Mexico — Torres Small voiced no criticism of Trump and cast herself as a pragmatist who has focused on high-tech drug enforcement at ports of entry and opposed efforts in Congress to ban fracking for oil.

The congresswoman and water lawyer noted that she has earned the support of the U.S. Chamber of Commerce and the New Mexico Oil and Gas Association — touching on controversial praise

Read More

Colombia pins recovery hopes on technology not oil

For the past two decades, oil has fuelled Colombia’s economic growth, one of the strongest in Latin America. 

But the country’s reserves could run dry in six years. While there is much potential in unconventional reserves, the courts have imposed a moratorium on fracking in Colombia, which means that oil is currently off limits. 

Colombia must look for other sources of revenue to recover from the economic fallout from the Covid-19 pandemic. But the government has other options for boosting the economy. It says it will bank its recovery on three “pillars” with the aim of pushing GDP to grow by 6 per cent next year (Capital Economics forecasts that GDP will fall 7.5 per cent in Colombia this year and bounce back by 5 per cent next year). 

The first is renewable energy. Colombia is rich in renewable resources. It receives regular sunlight all year round. La Guajira, a

Read More

4 Ways The Oil Industry Must Rapidly Evolve To Survive

A common misreading of Darwinism is that only the strongest survive. Not quite. Charles Darwin argued that organisms that mutated to adapt to changing environments would, through a process of natural selection, lead to the evolution of new species. It had nothing to do with strength, but adaptability. And while the oil and gas industry has some of the world’s cleverest engineers and scientists, they don’t call it Big Oil because it’s especially good at change. We all know that if the energy sector’s cost structure does not evolve, the entire industry will end up like the prehistoric giants who provided the raw material for fossil fuels in the first place.

Read More

The Battle To Save The World’s Rarest Species From Extinction Following Mauritius Oil Spill

On Monday September 24, at a virtual meeting hosted by the UN Headquarters in New York, 60 world leaders signed a ‘Leaders Pledge for Nature’ to stop the loss of biodiversity. Heads of State from France, Germany, UK, Netherlands, Panama signed.

Noticeably, the embattled political leaders from Japan and Mauritius were not signatories.

The Leaders Pledge in New York was part of an important UN Summit to avoid the world heading into a major period of biodiversity collapse, as planet Earth grapples with the highest extinction rates since homo sapiens became a distinct species, in what has been called the Sixth Mass Extinction. Rather than being caused by colliding asteroids or other natural phenomenon, this new age of extinction is being caused by man.

The front lines of this extinction battle is happening live on

Read More