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,...
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....
The oil and gas industry has been around for more than a century, and it continues to be one of the world’s greatest money makers. But as the world attempts to wean off of its dependency of fossil fuels and focus on renewable energy, oil and gas must adapt. So, how...
The global dependence on oil as a vital energy resource for various functions that support human life is on a significant rise. The US alone consumes about 22% of the total global petroleum product consumption. A host of other countries, including China, have an...
