Information Systems
German petroleum industry discusses future of electronic data exchange
Representatives of the major players in the German petroleum industry convened at Implico’s headquarters in Hamburg for the twelfth meeting of the IFLEXX Community.
Oil and gas industry joins forces in fight against cybercrime
Cyber security is a growing issue in the oil and gas sector since critical network segments in production sites, which used to be kept isolated, are now connected to networks.
HTRI acquires SmartPM fouling management software and services
HTRI, a provider of research, software and services to the thermal process industries, has acquired SmartPM from IHS Markit, a business information provider.
Honeywell UOP introduces IIoT software to improve plant performance
Honeywell UOP is introducing a new software-based service designed to allow refiners and petrochemical and gas processing plants to improve performance.
GE Digital acquires Meridium to enhance asset performance management software
Integration of Meridium’s offerings into GE’s Predix platform gives customers greater access to APM capabilities and enables more rapid realization of Industrial Internet value.
Schneider Electric releases Unit Performance Suite for the oil and gas industry
Schneider Electric has released software for the oil and gas industry that packages closed-loop, real-time optimization with monitoring and workflow in a single solution for refineries.
Tripwire conducts study regarding IT confidence in industrial cyber security
A study conducted for Tripwire by Dimensional Research, evaluated the confidence of IT professionals regarding the efficacy of seven key security controls, which must be in place to quickly detect a cyber attack in progress.
Intelliwave and Shell sign global framework agreement
Intelliwave Technologies Inc. has signed a global framework agreement with Shell to support Shell's ProjectVantage program.
Innovations
Petron Bataan Refinery (PBR) is the largest integrated crude oil refinery and petrochemicals complex in the Philippines.
- ITT to acquire SPX Flow for > $4.77 B, expanding leadership in highly engineered components and adjacent flow technologies 12/5
- MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants 12/5
- Addis Energy secures $8.3 MM to scale its transformative approach to low-cost ammonia production 12/5
- World Fuel Services supplies cruise line with waste-based biofuels 12/5
- Chevron announced $18 B-$19-B CAPEX budget for 2026 12/5
- Russia and India sign deal to build urea plant in Russia 12/5

