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In June 2013, IHS Markit acquired PFC Energy, a leading provider of oil and gas information, insight, and analytical products and services. This strategic acquisition has strengthened IHS Markit expertise throughout the energy value chain.
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One of the world’s largest energy companies – a Fortune 100 leader in global oil, gas and chemical markets – turned a potential business disruption into a new opportunity to drive efficiency and innovation by providing 9,000+ worldwide employees with easy access to a major catalog publication via a single online platform.
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The leadership team for this energy giant needs to stay abreast of the latest news/research, from both upstream to downstream, on a global and regional basis so they are using a new platform to find, filter and share an unprecedented wealth of information and insights -- in minutes instead of hours or days.
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As a Delta Air Lines subsidiary, this oil refinery reduced the parent company’s jet fuel costs by $300 million per year and increased the efficiency/productivity of its own 40 engineers by up to 2 hours a day – saving about $600K per year. The refinery also strengthened corporate governance by ensuring compliance with safety/environmental standards.
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This group of oil, gas and petrochemical companies has interests in a variety of renewable energy sources and has become the world’s largest distributor of biofuels – exploring ideas to accelerate potential development of a commercially-feasible and climate-friendly biofuel from marine algae.
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Susan Farrell and Christopher Elsner will guide a (...)
