Robotics & Automation News

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oil

Oil Trading: Which Place is Popular for Investment?

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Oil trading is a popular investment choice for many people. There are several reasons why people choose to invest in oil, including the fact that it is a finite resource essential for many industries. To learn more, click öl-profit.de.

Oil prices can also be volatile, leading to profitable opportunities for investors. Several different places are famous for oil trading. One of the most crucial variables to consider when picking a site is whether or not the surroundings are under official or governmental supervision.

Some countries have very lax regulations surrounding oil trading, making it easier to profit. [Read more…] about Oil Trading: Which Place is Popular for Investment?

ANYbotics unveils new four-legged robot for oil rig inspection

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ANYbotics, a Swiss robotics company, has introduced ANYmal X, describing it as “the world’s first Ex-proof legged robot”.

ANYmal X now makes it possible for the oil and gas and chemical industries to automate routine inspections, thereby increasing safety and operational effectiveness, says the company.

ANYmal X extends the leading mobility, autonomy, and inspection intelligence of ANYbotics’ robotic inspection solution. It is specifically designed and certified for safe usage in hazardous and potentially explosive environments – a game changer for the industry. [Read more…] about ANYbotics unveils new four-legged robot for oil rig inspection

Tips for Your Car Maintenance

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Taking care of your vehicle is a duty that comes with being self-employed. Yes, it’s time-consuming and costly, but the money you spend now will save you money in the long run.

One of the encouraging aspects of today’s vehicles is that they need fewer service visits to maintain them in peak operating conditions.

Maintaining your vehicle isn’t a one-time event. You don’t have to wait for your parents to recap you to get your tires rotated or renewed oil. [Read more…] about Tips for Your Car Maintenance

Seeq names Petter Mörée as managing director of EMEA and introduces industry principals group

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Seeq Corporation, a provider of advanced analytics software for manufacturing and industrial internet of things, has appointed Petter Mörée as managing director for Europe, the Middle East, and Africa (EMEA). Seeq also announced a new group of industry principals.

Lisa Graham, chief operating officer at Seeq, says: 

“Petter brings a deep understanding of the process industries to our team, along with an impressive career scaling global customer bases across the pharmaceutical and bioprocess verticals.

“We’re thrilled to have him join the Seeq team and we’re confident he will help us expand our strong position in Europe and beyond.”

 [Read more…] about Seeq names Petter Mörée as managing director of EMEA and introduces industry principals group

Explosion-proof ANYmal canine robots inspecting Petronas’ offshore platform

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Petronas, a global energy and solutions company from Malaysia, is testing the ANYmal four-legged dog-like robot from ANYbotics for autonomous robotic inspection on its oil and gas platforms. (See video below.)

They recently conducted a successful multi-week installation with the robot ANYmal C on one of their offshore facilities. For commercial use in 2022, ANYbotics and Petronas are co-developing a specialized version of ANYmal for potentially explosive environments.

Petronas relies on robotics to enable unmanned industrial inspections in its production operations. Its long-term partnership with ANYbotics focuses on bringing robotic routine inspection to offshore and onshore facilities targeting the commercial use of the ANYmal canine robot in potentially explosive environments by 2022. [Read more…] about Explosion-proof ANYmal canine robots inspecting Petronas’ offshore platform

How to Take Care of Your CNC Machine

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CNC machines provide high-performance levels for cutting a wide variety of parts and components, and they usually remain in operation for lengthy periods.

Like any machinery, to ensure your CNC machine lasts longer and maintains its quality of accuracy, it is essential to give it a regular service. Read on to find out how to take care of your CNC machine. [Read more…] about How to Take Care of Your CNC Machine

BP’s sale of its petrochemicals business suggests big oil is trying to become big electric

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BP recently sold its petrochemicals business for $5 billion to Ineos, a move which suggests that “big oil” companies are trying to become “big electric” suppliers.

The Wall Street Journal says the sale was the “largest deal by an oil major since the coronavirus outbreak gripped the global economy”.

WSJ says the transaction would enable BP to different itself from its rivals, many of which are forecasting significant growth for the segment and don’t look like they want to sell or leave the petrochemicals sector. [Read more…] about BP’s sale of its petrochemicals business suggests big oil is trying to become big electric

Robots could help Mauritius clean up devastating oil spill

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Robots could be helpful in cleaning up the oil spill that has devastated the coastline of the tiny Indian Ocean island of Mauritius. (See video below.) 

Popular with tourists from around the world, the paradise island has been overwhelmed by the oil spill from the merchant vessel Wakashio, operated by Japanese company Mitsui OSK Lines (MOL), and owned by the Nagashiki Shipping Company.

Akihiko Ono, vice president of MOL, has issued an apology for the disaster and says the company is taking the accident “very seriously”, according to The Asahi Shimbun. [Read more…] about Robots could help Mauritius clean up devastating oil spill

Oil-producing nations struggling with economic woes as society shifts towards electric movement

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Oil-producing nations located in the Middle East and North Africa are struggling with their economies, most of which are not diversified enough to offset the losses caused by falls in the price of crude.

A quick check shows that the current price of a barrel of crude oil – which is about 160 litres – is just above $40, which is significantly lower than certainly Arab countries need it to be.

According to the Economist, Algeria needs the price to be about $157 a barrel, while Oman wants to get to at least $87. [Read more…] about Oil-producing nations struggling with economic woes as society shifts towards electric movement

Eni to co-host Automa 2020 and to show ‘most powerful supercomputer in the world’

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An Italian major oil and gas company and BGS Group have recently announced their partnership in the run-up to Automa 2020 – Automation and Digitalization Congress that will be held in Italy, Milan, on October 19-20.

Regina Chislova, project director of Automa 2020, says: “Eni middle and senior management have been attending the congresses organized by BGS Group for a few consecutive years, flying to different European countries.

“This year we bring Automa to Eni’s home and, therefore, decided that it will be a mutually beneficial partnership.” [Read more…] about Eni to co-host Automa 2020 and to show ‘most powerful supercomputer in the world’