Accenture Energy Blog – Energy Trends Forum

Risk management driving greater IT role in upstream

Madzunya, Samuel — Wed, 25 Apr 2012 10:43:00 GMT

As the upstream environment gets tougher for the oil and gas industry, information technology is playing an increasingly vital role to make operations more integrated and efficient. Growing evidence of this comes from the findings of the latest Accenture and Microsoft Upstream Oil and Gas Computin ... (More)

Oil is moving into a new growth phase

Madzunya, Samuel — Fri, 02 Mar 2012 08:47:00 GMT

Unless the Euro crashes and everyone’s worst fears come true, the oil industry seems to be moving into another significant growth phase. Several reasons prompt me to strike an optimistic note amid the general gloom. While some organizations, such as the International Energy Association, are c ... (More)

Refining Trends Start to Hit Home in 2012?

Madzunya, Samuel — Fri, 10 Feb 2012 23:17:00 GMT

2012 has been a challenging start to the year for refining in Europe. 2011 saw refiners dealing with overcapacity issues, operational inefficiencies and falling demand, all combined with the pressure of costlier supplies to offset the loss of Libyan crude. To add to this, in 2012 they are now face ... (More)

The growth of natural gas liquids production: Is this good news?

Madzunya, Samuel — Thu, 12 Jan 2012 02:08:00 GMT

The outlook for gas production and supply is still looking strong but one of the big concerns for the growth picture is infrastructure challenges in key markets. An interesting new trend—increased drilling for gas to access natural gas liquids (NGLs) such as ethane, propane and butane—is set to ad ... (More)

Facing the future

Lohr, Sylvia — Thu, 20 Oct 2011 14:08:00 GMT

If the year 2011 began with the paradox of high oil prices and good economic growth playing out simultaneously, there are now clear signs of a reversal. GDP growth is slowing across the world, albeit in varying degrees, pointing to a halting and still fragile recovery from what the International M ... (More)