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The Texas Railroad Commission (RRC) finds itself at the center of the global policy for balancing the oil production with the current consumption as the only legal authority in US having the power to regulate Texas production. Without an agreement among the US producers in Texas, the global price war
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On Friday April 10th, the OPEC members and the non-OPEC oil producing countries, the so-called OPEC+, signed an agreement to cut the crude oil production by 9.7 million barrels per day (b/d).
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All crises are creating threats and opportunities, but the accumulation of a double crisis in energy prices and pandemic Covid-19 generates a unique situation. In this unusual context, we try to evaluate the consequences of this double crisis on the Oil & Gas and Petrochemical market, especially the areas under
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Whereas automation had clear applications in both manufacturing and processing industries, robotization was left behind when talking about the process industry. Today, robotization is making a come back on the edge of the scene in the Oil and Gas world thanks to digital technologies.
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In August 2016, Eni and ExxonMobil signed an agreement by which Eni will sell 25% stake into the onshore LNG project and transfer the operator role to the US major ExxonMobil. Eni kept the operator role for the development of its offshore fields.
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Augmented Reality and Virtual reality, often shortened as AR and VR, are two technologies which have been developped along the last decade with technological similarities but serving different purposes, especially for the industry
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As reminder, a Digital Twin is a virtual model of an existing object, process or service. To run this model efficently, the Digital Twin needs to be fed with data. In the Large Industry, these data can be divided in two categories: Passive or Active.
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Where digitization will always be the first required step to enter the digital world, the digitalization is an already advanced stage of the digital transformation
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As the first large scale data privacy regulation, the interest was to see how national watchdogs were going to use their new hammer that, for the record, senables to fine an entity up to €10 millions or 4% of the global revenue, depending on the infringement.
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