DUBAI / Emirates Business Real-time data captured from the field and conveyed to the cloud via sensors and analytical engines can impact the profitability of entire oil and gas (O&G) businesses. Building around this concept, Schneider Electric, the global specialist in energy management and automation, marks its seventh outing at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) 2017. …

HOUSTON / DUBAI / Reuters As Venezuela’s dilapidated energy sector struggles to pump enough crude oil to meet the country’s OPEC output target, rival producers within the exporters group have started to plug the gap, OPEC and industry sources said. The South American country’s oil output hit a 28-year low in October as state-owned oil giant PDVSA struggled to find …

Bloomberg A bid for Santos Ltd. may trigger counter offers for the Australian oil and gas producer that has stakes in some of the world’s cheapest liquefied natural gas. The Adelaide-based company surged the most in a year after saying it received and rejected a A$9.5 billion ($7.2 billion) takeover approach from Harbour Energy Ltd. led by former Royal Dutch …