Loss Prevention
Chevron to lay off up to 20% of global workforce
Chevron will lay off 15% to 20% of its global workforce by the end of 2026, the U.S. oil company said, as it seeks to cut costs, simplify its business and complete a major acquisition.
Alfa Laval to acquire NRG Marine, offering ultrasonic anti-fouling solutions
Alfa Laval has signed an agreement to acquire NRG Marine, a leading provider of ultrasonic anti-fouling solutions for marine, oil and gas, and industrial applications, headquartered in the UK.
Pertamina partners with ABL to enhance asset management at its Cilacap refinery (Indonesia)
Pt. Kilang Pertamina Internasional has appointed ABL’s asset integrity management unit to further enhance asset management at the Indonesian national energy company’s Cilacap Refinery Unit IV, located in Central Java, Indonesia.
Russia's Sibur suspends output at petrochemical plant east of Moscow after drone attack
Russian petrochemicals giant Sibur said on Wednesday it had temporarily suspended production at its plant in the Nizhny Novgorod region due to a Ukrainian drone attack.
Banyan Software acquires FoxInsights, an IoT-based remote tank monitoring solutions provider
Banyan Software, a leading acquirer and permanent home for great enterprise software businesses, has acquired FoxInsights GmbH, a market leader in Internet of Things (IoT)-based remote tank monitoring (RTM) and data-driven asset management solutions for the energy sector.
Schneider Electric, MaxGrip partner to improve asset performance for customers
Leveraging MaxGrip’s Asset Improvement Program, Schneider Electric will further support customers in their digital transformation journey by providing a comprehensive asset lifecycle management program.
Update to ISA/IEC 62443 Standards addresses organization-wide cybersecurity
The International Society of Automation (ISA) — the leading professional society for automation — has announced the publication of ANSI/ISA-62443-2-1-2024, “Security for industrial automation and control systems.” This is the latest update to the ISA/IEC 62443 series of standards, the widely used global consensus-based automation and control systems cybersecurity standards.
Radix, Celanese, Cognite partner to develop JO.AI, a groundbreaking generative AI-powered solution
Radix and Celanese will collaborate with Cognite on the development of JO.AI, a groundbreaking generative AI-powered solution designed to revolutionize operations in asset-intensive industries.
Yokogawa, UptimeAI partner to enhance asset performance management in industrial plants
Yokogawa Electric Corporation and UptimeAI Inc. announced a strategic agreement aimed at dramatically enhancing asset performance management in industrial plants. The agreement is underscored by a capital investment in UptimeAI by Yokogawa.
Digital Exclusive (sponsored): Improve efficiency via centralized data and advanced collaboration
This article will detail how companies can use digital solutions to transform their engineering and data management by seamlessly integrating real-time data across the entire asset lifecycle, enabling faster, more accurate decision-making to improve efficiency, increase safety, minimize downtime and enhance profitability.
- Honeywell collaborates with SAF One and Tata Projects to enable sustainable aviation fuel production 1/29
- Casale and OMNI Sign MoA to jointly advance waste-to-green methanol and hydrogen technologies 1/29
- GIZ and thyssenkrupp nucera partner to advance green hydrogen and power-to-X markets in India 1/29
- IACS issues new Unified Requirement on ammonia release mitigation systems 1/29
- TotalEnergies and Mozambique announce the full restart of the $20-B Mozambique LNG project 1/29
- CF Industries, POET launch low-carbon fertilizer pilot to cut ethanol production carbon intensity 1/29
