News & Events
Unified QR code boosts Singapore banks’ cashless agendas
Lenders are poised to enjoy wider market reach and public acceptance. The roll-out of the world’s first unified QR code in Singapore is a big boost for the city’s top…
Read MoreIranian Hackers Step Up Attacks On Energy Firms
Iranian cybercrime group APT33 has stepped up its attacks on a variety of companies in the Persian Gulf, including energy firms, The National reports, citing research from security company FireEye. The…
Read MorePrices For November Soften After Earlier Strong Weeks
LONDON, Sept 14 (Reuters) – Asian spot liquefied natural gas (LNG) softened for November delivery after several weeks of strong demand and tightening supplies led buyers to wait for a…
Read MoreBanks in emerging Asia wrestle for e-payments market share against telcos and online upstarts
Indonesian and Philippine banks may lose up to $3.8b and $1.3b respectively as they fail to hold on to their dominance. Banks in emerging Asian markets that failed to adopt…
Read MoreWhy The U.S. Is Suddenly Buying A Lot More Saudi Oil
For a few months now, OPEC has been boosting production to ease concerns about high oil prices amid expected supply losses from Venezuela and Iran. The cartel’s largest producer and…
Read MoreShippers Fear Engine Failures as Industry is Forced to Upgrade its Fuel
(Bloomberg) — Add oil tankers breaking down at sea to the list of things shipping companies are worrying about as they brace for a once-in-a-generation overhaul to the kind of…
Read MoreOGUK: Lower offshore costs face low drilling activity at North Sea crossroads
Oil & Gas UK describes the UK’s offshore industry as at a crossroads in its Economic Report 2018. The report contrasts reduced costs, competitive fiscal terms, improved operational performance, and…
Read MoreSapura Upstream makes maiden foray into Australia
Malaysian firm Sapura Upstream Sdn. Bhd. has made its maiden entry into exploration work in Australia through a farmin to three permits offshore Western Australia held by Perth-based private firm…
Read MoreOil Demand Seen Peaking by 2023 While Climate Targets Missed
All energy use to fall from 2035, renewables share to soar Planet set to warm 2.6 degrees, above recommended level Within 20 years, oil use will have long since peaked,…
Read MoreEnhanced understanding improves “child well” performance
In U.S. shale fields, operators are attempting to improve infill well performance. In the Eagle Ford, child wells now account for about 75% of new completions. Infill drilling is ramping…
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