Energy Update
The emergence of the internet has enhanced our need for data in real time through multiple devices. Data needs could be for business, entertainment or collaboration. The latency level for those use-cases is decreasing dramatically. With evolution of cloud computing, most enterprises are shifting their technology applications to the cloud to move away from the CAPEX model to the OPEX model, thus optimizing capital allocation to realize the benefits of shared economy.
OSLO, Oct 17 (Reuters) - Norway's oil workers said on Monday
three unrelated incidents at Statoil-operated oil and
gas fields over the weekend could be a sign that cost cutting in
the industry is compromising safety.
Oct 17 (Reuters) - Financial and commodity markets operator
Intercontinental Exchange Inc will have to sell
commodities software house Trayport to preserve competition in
the energy trading industry, Britain's competition watchdog said
on Monday. http://bit.ly/2elcJZN
FRANKFURT, Oct 17 (Reuters) - German chemicals giant BASF
said on Monday that several people had been injured and
some were missing after an explosion at its facility in
Ludwigshafen, where the company is headquartered.
PRAGUE, Oct 17 (Reuters) - Czech privately-held energy group
EPH agreed to sell a 30 percent stake in its EP Infrastructure
(EPIF) unit to an investor group led by Macquarie Infrastructure
and Real Assets, EPH said on Monday.
SOFIA, Oct 17 (Reuters) - Bulgaria's prosecutors have
charged two former directors of state electricity firm NEK with
causing financial damage by signing a nuclear deal that cost the
business more than 77 million euros ($86 million).
LONDON, Oct 17 (Reuters) - Hedge funds and other money
managers have raised their bullish bets on U.S. crude prices to
the highest level since the slump started in the summer of 2014.
TOKYO, Oct 17 (Reuters) - The election of an anti-nuclear
governor in a region north of Tokyo further challenges Prime
Minister Shinzo Abe's energy policy and could mean Japan
continues to rely on coal-fired electricity, undermining its
efforts to reduce carbon emissions.
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