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April 16, 2021
Advertisement Despite a global effort in energy transition, Petrobras has expressed no interest to pivot into renewable energy due to lack of expertise. As a leader in Brazil, it must play its part to invest in other less capital-intensive sustainability efforts to reduce emission, says GlobalData, a data and analytics company. The company laid out a comprehensive goal in reducing total operational emission by 25% by 2030. Its sustainability efforts include launching 10 commitments to minimise ...
April 16, 2021
Blog: Can this market heatwave last? By Kevin Roberts 16 th April 2021 12:50 pm Having returned from a week of leave to spend some much-needed time with my family, I am reminded of just how important it is to take time away from work. In many ways, the last 12 months have been challenging and even relentless in places, so I feel lucky to have a great team around me. One which gives me the confidence to step away and switch off. For others, of course, it is not so eas...
April 12, 2021
Advertisement Global coal output is estimated to have declined by 2% in 2020 due to COVID-19-related lockdowns and restrictions, with significant reductions observed in the US (23.6%), Indonesia (13.1%), Russia (8.1%) and Australia (5.5%). These were only partially offset by increases in China (4%) and India (0.7%). Additionally, during the last year, there was an estimated 3.5% reduction in the global thermal coal demand, while the world’s metallurgical coal demand fell by 5.9%. However, glo...
April 7, 2021
Wednesday, 7 April 2021, 11:10 am The travel bubble with Australia will throw a lifeline to tourism operators, who have first-hand experience that thrifty domestic tourists are no real substitute for the free spending visitors from offshore. According to the Global Data research organisation, the annual spend of domestic tourists in this country during 2019 was only about $305, while the average expenditure of Australian visitors here during 2019 was $4,642. (And Australians tended to spend le...
April 7, 2021
Clubhouse Adds New Digital Payments Option so Creators on Platform Can Generate More Revenue April 7, 2021 @ 11:20 am By Omar Faridi Clubhouse will reportedly be adding a payments option that’s meant to generate more revenue for creators. The company also revealed that it could launch other initiatives in the foreseeable future. The move to add the new payments feature has come at a time when several social media outlets are providing more Fintech-related features as part of their product off...
April 5, 2021
iTWire Tuesday, 06 April 2021 02:37 Launch of Sky Connect will allow Sky to become a force in UK SME market: analyst Shares Gary Barton, analyst GlobalData Pay TV provider Sky’s launch of Sky Connect B2B gives the company the potential to become a force in the small and medium-sized enterprise (SME) market, according to one analyst firm. Gary Barton, a Principal Analyst at GlobalData says, however, that Sky should not be too cautious, noting that Sky Connect has played to Sk...
April 2, 2021
Europe’s upstream comes under pressure [NGW Magazine] Apr 2, 2021 7:15:am Summary But the need for oil and gas in the coming decades will put the UK in a strong position for the net-zero carbon future, regulatory conditions permitting. [NGW Magazine Volume 6, Issue 6] by: William Powell There is a tension between the social pressures driving a number of European governments to set dates for achieving net-zero carbon economies on one hand, and the advantages of prod...
April 1, 2021
India to see 647 oil, gas project start-ups in 2021-25: GlobalData Apr 1, 2021 9:45:am Summary GlobalData estimates that India would account for a third of the total upcoming project start-ups across the value chain in the Asia-Pacific region. by: Shardul Sharma Posted in: India to see 647 oil, gas project start-ups in 2021-25: GlobalData India is likely to see the start of 647 oil and gas projects during 2021 to 2025, accounting for a third of the overall project l...
March 13, 2021
There are 4.57 billion Internet users in the world and 31 per cent of those use a VPN network.
March 12, 2021
The day is recognised around the world, but did it begin in the UK or US?