Technologies That Have Made Oil Production Easier

Technologies That Have Made Oil Production Easier

As the oil and gas industry continues to become more sustainable, more companies are starting to explore and implement new technologies that can help them cut down on their carbon footprint and improve their operational efficiency. This is happening as the Middle...
End-of-year Trends in the Oil and Gas Industry

End-of-year Trends in the Oil and Gas Industry

In 2022, the oil and gas (O&G) sector had record earnings, which gave them plenty of cash flow to support their goals in 2023. O&G businesses have also been given a clear directive to ensure supplies while transitioning to cleaner energy in the long term. The...
The Oil Industry’s Outlook in 2023

The Oil Industry’s Outlook in 2023

The oil and gas (O&G) sector made record-breaking profits in 2022, giving them cash flow to implement their goals in 2023. While oil and gas corporations are aware of the year’s geopolitical and macroeconomic volatility, they have also been given a clear...
How the Texas Power Crisis Has Affected Oil & Gas

How the Texas Power Crisis Has Affected Oil & Gas

Statistics from relevant authorities show that millions of Texas homes and businesses have been living without power for about a week. Winter storms and low temperatures have disrupted the local power system and refineries. The problem is also affecting other areas....
An Expected Change in Oil and Gas in 2021

An Expected Change in Oil and Gas in 2021

The 2020 pandemic had a damaging effect on many businesses. The oil and gas industry was particularly negatively impacted. Energy consumption dramatically decreased, prices dropped, and producers were left with product oversupply. As the world moves past the pandemic,...