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Unpredictability: The new normal for the oil and gas industry

DELMIA Quintiq

Since oil prices began their decline in the second half of 2014, the burning question on the minds of analysts and economists alike has been this: where will it stop? Unpredictability is the new normal for the oil and gas industry. At first glance, the two industries appear to be quite unconnected.

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How to optimize profits in the hard-hit oil and gas industry

DELMIA Quintiq

It’s capable of delivering the equivalent of 130,000 barrels of oil per day from some of the most extreme depths ever reached in the Gulf of Mexico. Perdido and Stones were built as an answer to the volatile nature of the oil and gas industry. The price of oil is unlikely to recover anytime soon. The harsh truth?

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Downturn in the Oil and Gas Industry: An Opportunity for Supply Chain Improvements

Talking Logistics

“Most people who look at the Oil and Gas industry right now are likely to characterize the market as ‘challenged’.”. So stated Kent Stuart, Director of Oil and Gas at C.H. Looking at some recent news, it seems like the industry remains challenged. Robinson, earlier this year on Talking Logistics.

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Market Fluctuations in the Oil and Gas Industry: A Catalyst for Supply Chain Improvement

Talking Logistics

Market fluctuations are the norm in the Oil and Gas Industry, as we’ve seen over the past year. Oil prices have dropped from over $100 per barrel to about $50 today, which is leading companies in the industry to cut back on capital spending and layoff workers. Kent Stuart, Director of Oil and Gas at at C.H.

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This Week in Logistics News (February 19 – 25)

Logistics Viewpoints

In some industries, the pandemic’s effects on demand were more sudden and severe than any recession scenario companies had planned for. Oil Prices Jump. Germany responded by halting certification of the Nord Stream 2 gas pipeline. Nord Stream 2 could deliver 55 billion cubic meters of gas per year. Russia Attacks Ukraine.

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The Global Procurement & Supply Chain Management for Oil And Gas Industry 2016

Supply Chain Movement

The Global Procurement & Supply Chain Management for Oil And Gas Industry 2016. Date: 11-12 April, 2016. Venue: Intercontinental Berlin, Germany. Organizer: Magvoy Energy – MagVoyages ltd. Url: [link].

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2019-2020 Will Bring Fresh Challenges and Opportunities to the Energy, Oil & Gas Industry

Maine Pointe

Change is coming for the Oil & Gas industry bringing with it a new set of challenges and opportunities. In the face of these changes,Tony Planos, VP Oil & Gas and Barry Dull, Market Specialist, pose a critical question to executives across the North American industry.