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...
A New Consortium of Recycling at BP
BP is one of the largest oil and gas companies in the world. Founded over 100 years ago, BP is headquartered in London, England. This company has a presence in countries all over the world. BP isn't just one of the biggest money-makers in the oil and gas world....
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....
The Future of Oil and Gas: Drilling Smarter
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...
World’s Largest Oil Companies
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...
A Brief History of Oil Fracking
Interest in energy independence is at an all-time high in the United States, but hydraulic fracturing, known as fracking, is an oil and gas extraction technology with which few people are familiar. Americans are more likely to know about the myths associated with...
Fascinating Facts About Oil
Most people barely ever take the time to think about oil, and when they do, they just see it as a basic product used to produce energy. The reality is that oil is used in thousands of applications every day. Here are some surprising facts about where oil comes from...
What You Should Know About the Oil Industry
For years, the oil industry has been a lucrative one. It’s a trillion-dollar industry, and although it has been mired in controversy for a variety of reasons, oil is a necessary aspect of our everyday lives as humans. And, being involved in the industry as closely as...
Update on The Oil Industry’s Record-Setting Figures
In recent months, the U.S. oil and natural gas industry has evolved and developed in ways that haven't been seen in almost a century. These unprecedented developments have surprised many industry experts, pleased many workers, and signaled a major milestone and...
A.I.’s Impact on the Oil & Gas Industry
As oil and gas prices fall, the oil industry must incorporate cost-effective methods to keep up production without losing money and still provide consumers with an affordable end product. That is where AI technology comes into play. Reports reveal that the gas and oil...