Oil and Gas

The market was gloomy in 2016, but OPEC cut provides some hope in 2017

AS DEMONSTRATED with Brexit, the Columbian peoples’ rejection of a peace accord with FARC and the election of Donald Trump as the 45th President of the United States along with… Read more »

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Winning with a Straight Flush in Poker: Plant-Wide Scenario-Based Simulation Training

In the previous two blogs I discussed the fact that skilled plant operators ensure higher levels of plant safety, reliability and profitability.  I also mentioned that Operator Training Simulators (OTS) can… Read more »

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Trump and the US Biodiesel Market in 2017

The surprise election of Donald Trump as the 45th President of the United States has sparked concern that the 10-year old Renewable Fuel Standard might come under attack by his… Read more »

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Gasoline Futures Surge 12% in December to New High

The gasoline futures contract traded on the New York Mercantile Exchange surged 12% in December, with reformulated blendstock for oxygenate blending futures establishing a new calendar year high for 2016… Read more »

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Business Continuity: Top Issue for Industrial Power Blog Readers

Various subject matter experts at Schneider Electric write a lot of blog posts in the course of a year, so as 2016 comes to an end it’s a good time… Read more »

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Is the US Gasoline Market Defying the Seasonal Downturn?

Gasoline demand in the United States is weakest during the winter months, which Is certainly no surprise considering cold and sometimes hostile weather that limits road travel after the holidays…. Read more »

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US Gasoline Prices Spike in Response to OPEC Deal

Fuel Marketer Intelligence: Supply Chain Dynamics to Retail Fuel Prices The January reformulated blendstock for oxygenate blending futures contract on the New York Mercantile Exchange settled at a better than… Read more »

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Reduce Maintenance Costs with the IIoT and Predictive Asset Analytics

Industrial organizations across multiple sectors are under pressure from shareholders, regulators and customers to increase performance and reliability while keeping costs low. These conditions mean it’s more important than ever… Read more »

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Smart Connected Pipeline – Setting the Standard for Success for the Oil & Gas Industry

Schneider Electric is forever forward-thinking. That means, implementing architecture that enhances control, safety, and performance is the foundation of our operations. Embracing the IT-OT convergence has become this foundation, abandoning… Read more »

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Virtual Reality – Step Into the Future of Plant Crew Training

Most likely you already know that Virtual Reality (VR) and Augmented Reality (AR) are rapidly evolving and growing technologies.  They utilize the latest high powered computers and graphics cards to… Read more »

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SF6 in Medium Voltage and High Voltage switchgear unaffected by new EU F-gas regulation

On 9 June 2014 EU F‑Gas Regulation No. 517/2014 came into force. It strengthens measures to contain emissions of fluorinated greenhouse gases: hydrofluorocarbons (HFCs), perfluorocarbons (PFCs) and – what I’d like to talk about –… Read more »

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Smart Control Harnesses the Industrial Internet of Things

In the last blog, we described how the second transformation pillar – Augmented Operator – enhances knowledge automation by deploying mobile HMI operator panels to empower operator autonomy with the… Read more »

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LNG Exports and All That Gubbins (Part 1)

This post is more of an appetizer compared to a more hearty meal which is to follow. The main course served later delves into a study on LNG exports and… Read more »

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Leveraging IIoT and Analytics to Reduce Equipment Failure

It’s no secret that the Industrial Internet of Things (IIoT) has led to an ever-expanding explosion of big data. Most assets today are equipped with data-transmitting sensors that communicate with… Read more »

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Could Solar be the Largest Electricity Source by 2050?

Schneider Electric’s CMO, Chris Hummel, pondered recently on Twitter whether the IEA’s claim that solar energy could be the leading source of electricity by 2050 was achievable. My initial reaction was… Read more »

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Trying to understand (SIS) Safety Instrumented Systems?

As automation process engineers, we know about safety instrumented systems in process industry, but safety systems are in multiple industries and applications with their own safety standards and their own… Read more »

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An e-House Substation that Ushers in New Technology and Rethinks Standards

Prefabricated E-house (HV/LV) substations are a booming, fiercely competitive business. I’m talking about applications that range from PV or wind farm boxes to shore connections and data centres. I’m also… Read more »

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Services Oriented Drives host Connectivity from Factory Floor to Boardroom

This is the first in a series of blogs about Services Oriented Drives, the main purpose of which is to run a motor by controlling its speed where the performance… Read more »

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Panic, Planning, Preparation & The Polar Vortex

How many times have you heard the term “polar vortex” this winter? Apparently, it is Public Enemy No. 1. It has already been blamed for the extremely harsh winter here… Read more »

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Playing DICE with Dr. Diesel’s Moteur to reduce CO2 Intensity

When you look at causality between Carbon in the atmosphere climbing rapidly since the industrial revolution and seemingly going over the top of the ‘carbon budget’ (the point at which… Read more »

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Energy Management Solution Meets Pipeline Operations Needs, Supports Enterprise Goals

Hydrocarbon pipeline operators are realizing significant energy savings and more efficient operation using a power optimization solution developed in close cooperation with the industry. This cooperative effort was key to… Read more »

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Oil and gas fields get smart

The oil and gas sector has seen a shift in recent years from silos to more integrated and holistic operations. With the advent of smart wells and real-time automation technologies,… Read more »

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Revolutionizing the Oil and Gas industry with the IIoT

As Oil & Gas industries face challenges of oversupply, weaker demand, and therefore lower oil prices, executives are looking for more creative solutions to maintain profitability. The Industrial Internet of Things… Read more »

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Uncovering Cybersecurity and the IIoT in Oil & Gas Business

The Industrial Internet of Things (IIoT) is rapidly reshaping the Oil & Gas sector. Executives are investing heavily in new solutions to overcome the challenges companies face, including falling oil… Read more »

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The Flip Side of Low Oil Prices

Just as there is a consequence to every action or two sides to every story, there are contrasting repercussions due to the precipitous oil price drop in the last year…. Read more »

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Lessons in Cyber Security for Oil Pipelines

Pipeline security is an increasingly complex issue. Big Data and the Internet of Things offer new opportunities for accuracy and efficiency. These, paired with converging infrastructure and multiservice use cases,… Read more »

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How can utilities protect themselves against cyber attacks?

The energy industry is attracting the attention of hackers looking to cause widespread disruption. This should worry all of us, as the energy that utilities provide serves as the lifeblood… Read more »

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Short-term Oil Outlook: Oil Hits $50 bbl. Now what?

West Texas Intermediate and Brent crude prices traded above $50 bbl in late May and early June if only briefly, a psychologically significant price point. The question for market followers… Read more »

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Reduce Maintenance Costs with the IIoT and Predictive Asset Analytics

Industrial organizations across multiple sectors are under pressure from shareholders, regulators and customers to increase performance and reliability while keeping costs low. These conditions mean it’s more important than ever… Read more »

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The Digital Twin: Foundation for Fleet Socialization to Optimize Operations

The industry is buzzing right now about the “digital twin” – ARC, Gartner and LNS have all recognized the technology’s potential to transform asset design, construction, operations and maintenance. Applying the digital twin to… Read more »

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