The Oil Industry and COVID-19: What to Know

The Oil Industry and COVID-19: What to Know

About a month ago, the oil and gas industry reached an all-time low. The demand for oil dropped rapidly due to the spread of COVID-19, more commonly known as the coronavirus, right as Russia and Saudi Arabia flooded the market with an excess amount of oil. This left...
What to Know About the Oil and Gas Industry

What to Know About the Oil and Gas Industry

The oil and gas industry is a multi-trillion dollar industry that’s dominated our world for over a century. From fueling our vehicles and planes to heating our homes, the industry has become the largest source of energy. Frequently it’s a hot topic even in politics,...
Shell Stands With Scotland’s ‘Net-Zero’ Policy

Shell Stands With Scotland’s ‘Net-Zero’ Policy

Scotland is making plans to reach net-zero by 2050, and Royal Dutch Shell, commonly referred to as Shell, is planning to stand by and support this goal. In December 2019, Steve Phimister, Shell UK’s upstream vice president, wrote an opinion piece for Energy Vice...
Big Trends for Oil and Gas in 2020

Big Trends for Oil and Gas in 2020

The oil and gas industry is an important indicator of the health of the economy as a whole. Right now, the energy industry in the US and around the world is looking strong for 2020. Recent events in the Middle East are unlikely to have significant effects on pricing...
Technology’s Impact on Oil and Gas

Technology’s Impact on Oil and Gas

For years, the oil and gas sector has been one of the world’s most lucrative industries. Even with the triumphant rise of technology companies such as Apple, Google, and Amazon, 6 of the top 10 largest companies by revenue are in the oil and gas industry....