The oil and gas industry has been going through a difficult time in the past couple of years. In the midst of the global pandemic caused by COVID-19, the price of oil crashed. This was followed by a spike this year due to Russia’s invasion of Ukraine. The sector...
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...
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....
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...
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...
