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...
The Latest Trends in the Oil and Gas Industry

The Latest Trends in the Oil and Gas Industry

The oil and gas industry is constantly undergoing trends due to major advancements in digital and machine technologies. The results are an industry that is safer, more streamlined, and less laborious for their workforce. Most of the latest trends that are occurring in...
The Fascinating History of The First Commercial American Oil Well

The Fascinating History of The First Commercial American Oil Well

The first commercial well drilled specifically to recover petroleum released crude oil on August 27, 1859. This event eventually transformed the future of numerous industries around the world. Three men deserve much of the credit for this accomplishment: George...
How to Get Into the Oil and Gas Business

How to Get Into the Oil and Gas Business

The oil and gas industry employs millions of workers worldwide, making it a competitive industry to get involved in. As with any industry, there are things to consider: which aspect of the field would you want to get involved in? Do you have the experience necessary...
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...