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Archives for April 2012 « Recent Articles

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What's New in Social Business for Oil & Gas?

By Rick Nicholson – 2 Comments

Oil & gas companies have not been early adopters of social media and social networking applications compared to many other industries. However, in last year's vertical industry IT and communications survey, social media made the top five list for IT investment areas by oil & gas companies for the first time (see chart).

Photo of Usman SindhuOffline

The oil and gas industry is on the cusp of an evolving cybersecurity and information security culture. The emerging threats are targeting oil and gas companies' intellectual information and control system weaknesses.The evolving risks and tightening controls from federal entities mean that security professionals have to create a culture that measures the progress of security and risk practices.

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What's New in Mobility for Upstream Oil & Gas?

By Rick Nicholson – 1 Comment

Using mobile computers for field data capture is nothing new - it's been going on for at least a decade or more. However, recent changes in mobile technology coupled with cloud services and analytics are expanding mobility beyond field data capture to more applications and more users.

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Venture capital investment in clean technologies has grown dramatically over the past five years. Indeed, according the the Cleantech Group, VC investment in cleantech companies has totaled over $15 billion over the past two years. However, returns on these investments have underperformed expectations compared with the previous wave of VC investment in Internet start-ups. Will cheap and plentiful natural gas and high oil prices drive VC investment in technologies in the hydrocarbon market?

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