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Petroleum Review December 2014

Big Data, analytics and advanced visualisation can have a significant impact on the entire oil and gas chain. In this issue we look at how operators can maximise value from such technology, while avoiding the hype. We also look at how the ‘industrial internet’ is creating new challenges for pipeline operators in particular.

Our regional overview provides an update on the latest E&P developments in Australia, and analyses why power prices in the country have doubled over the past five years. Meanwhile, New Zealand is experiencing more E&P activiity than ever before. 

The shipping sector is the focus of the latter half of the magazine. We look at how the US shale gas revolution has changed the pattern for LPG shipments and assess the challenges and advantages offered by using ‘flexitanks’ to ship petroleum products. The potential impact opening of the newly expanded Panama Canal could have on the LNG sector is addressed and we report on how the shipping sector is looking to deal with the new sulphur cap on marine fuels that is due to be implemented next month. 

As another year draws to a close, we would like to thank our readers and contributors for their continued support of Petroleum Review and the Energy Institute. Wishing you all New Season’s Greetings and a Happy New Year

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