Trading braces for digital transformation
The age of big data is transforming not just the upstream but energy’s spot markets
The oil and gas industry is rapidly investing in and accelerating a digital transition throughout its value chain. This means not just technological innovation in the E&P, midstream and downstream sectors, but across trading floors as well. The impact on the upstream is fairly easy to picture—leveraging artificial intelligence (AI) to improve decision-making in reservoir production or high-performance computing (HPC) to improve and increased drilling hit rates. Data’s ability to transform the markets space may be less physically tangible, but that does mean its impact will be lesser. Trading business now aim to fuse billions of data points from—necessarily backwards-looking—customs dat
Also in this section
12 December 2025
The latest edition of our annual Outlook publication, titled 'The shape of energy to come: Creating unique pathways and managing shifting alliances', is available now
12 December 2025
The federal government is working with Alberta to improve the country’s access to Asian markets and reduce dependence on the US, but there are challenges to their plans
11 December 2025
The removal of the ban on oil and gas exploration and an overhaul of the system sends all the right messages for energy security, affordability and sustainability
10 December 2025
The economic and environmental cost of the seven-year exploration ban will be felt long after its removal
