How Digital is changing the Energy Industry?

How Digital is changing the Energy Industry? How Digital is changing the Energy Industry?

A major manufacturer of premium base oils and one of the world’s largest suppliers of finished lubricants, Chevron lubricants launched its first lubricants in 1907. Ever since then, this company has emerged as a premium global partner by developing groundbreaking technologies to help customers reduce the total cost of operation while improving the reliability, profitability, and service life of the equipment. 

 

Marketed under the Caltex master brand in the Middle East, its many products are a range of high-performance engine oils, antifreeze/coolants, and ancillary products that protect what matters throughout your car’s engine and critical system components. Its advanced products for buses and other heavy-duty passenger transport on-road applications offer durable reliability and fuel efficiency to keep your fleet on the road, while Caltex Delo's advanced products for trucks and other on-road applications deliver high-level protection with optimized fuel economy. Caltex's advanced products for mining, quarrying, and construction applications offer durable protection, reliability, and efficiency in challenging off-road conditions and high-pressure industrial operations. Meanwhile, Caltex brand advanced engine oils, antifreeze/coolants, greases, and ancillary products offer optimum performance and help protect your motorcycle, ATV, UTV, snowmobile, 4-wheeler, and off-road recreational vehicle’s critical components. 

 

What Chevron lubricants, through the development of its innovative technologies showcase, is its awareness of the importance of digital transformation. Chevron lubricants have realized and observed that while companies across the oil and gas industry have been adopting novel technologies and leveraging data analytics for decades now; yet, digital transformation is still viewed with a skeptical eye. The company understands that if the energy industry needs to better incorporate digitalization and cope with the change, then it must consider these crucial points. 

 

Through its comprehensive research and observation, Chevron Lubricants has realized that for the digital to succeed, there must be a higher level of sharing, collaboration, and coordination. The company believes that one must cast the idea of digitalization as mere projects and look at them as enterprise-wide solutions. Also, there is a need to look at digitalization to change the way one’s business operates—from finances to the operational side, digitalization out to create a more user-focused way of working that would bring about value not just to the business but also to its customers and end-users. The time is right to expand one’s ability to integrate, contextualize, and operationalize one’s data. In the end, what every company needs to understand is how digitalization is a way to unify your business at different levels, ensuring that the results not only bring real value but also start transformational changes, whose effects will go well beyond the organization. 

 

Explore what the full range of Caltex lubricants have to offer: me.caltexlubricants.com

This article was written by Chevron technologists in collaboration with industry experts and global thought leaders.

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