Spare a thought for Nikola Tesla. The Serbian/American scientific genius and rival of Thomas Edison, whose inventions continue to define how we use electricity today, died an impoverished and relatively unknown figure in a New York hotel during the second world war.

With increased emphasis on corporate social responsibility and digitalisation, companies within the Energy, Mining and Renewables industry are expected to be acutely aware of the trends that are impacting their industry. Our global leaders have outlined the 5 trends they expect to see emerge over the next 12 months and into 2021.

Few industries need and produce richer, greater volumes of data than oil and gas: terabytes of the stuff from the geological exploration and appraisal process; the complex modelling and measurement applied to daily onshore and offshore active operations;  the electronic brains behind the delivery of cargoes, coordinating the thousands of tankers and pipelines taking the raw product from field to refinery; and then, of course, the digital monitoring and sensors needed to support the refining and processing of the crude and gas into petroleum and LNG.

Australian Oil and Gas Exhibitions converence (AOG 2019) was held in Perth from 13 to 15 March 2019. Following the conclusion of AOG 2019, Diversified Communications Australia released an Industry Confidence Whitepaper on the state of play of the Oil and Gas Industry in Australia.

The International Accounting Standards Board (IASB) issued IFRS 16 Leases on 13 January 2016.  Revising the lease accounting requirements was first added to the IASB’s agenda in 2006, since then a number of exposure drafts have been issued and hotly debated.