The impact of crude oil price on the world economy has always been a crucial subject. Crude oil significance is largely determined by the demand of refined petroleum products such as gasoline, jet fuel, diesel, and others. Since these products are sourcing various industries, the concerned organizations are always on guard to analyze the crude […]
In this month’s issue, Olga Gorstenko’s editorial letter reviews aspects of an industry discussion recently launched by FERC about the potential centralization of natural gas procurement and transacting processes. This is an attempt, ultimately, to bridge the gap between the increasingly interdependent natural gas and electric power industries. Vera Tikhomolova revisits the subject of current […]
Since energy products are the backbone of the economy and are widely used by all sectors, the general belief is that a rise in energy commodity prices in translates to an increase in the price of non-energy commodities, such as metals and agricultural products. To assess the validity of this common belief, we’ll review two […]
Information systems are the backbone of business processes where access to information enhances business decisions. When developing or acquiring a new system, simple and seamless integration with existing or future systems is crucial. Data provided through various systems or solutions typically requires multiple integration points using different methods or technologies to extract and standardize data […]
Data Privacy Day is celebrated each year in the United States, Canada, and the European Union to honor the January 28, 1981 signing of Convention 108. This was the first legally binding international treaty dealing with privacy and data protection. Recognition of this day calls for individuals, governments and businesses to place a higher value on […]