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...
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...
For most of the world, oil is a necessary part of life. The United States imports much of its oil and the majority of it is converted into other products for people to use, such as gas or heating oil. On average, the U.S. consumes about 19.4...
We all know that oil is an important resource. We know that there is a lot of controversy regarding where we obtain our oil. But one thing we don’t focus on enough is how the oil is transformed from the way it looks right out of the ground, to the gasoline that we put...
When we think about the countries that produce oil, Kenya is not typically the country that comes to mind. But after a recent discovery of oil in the Turkana region, Kenya is joining the ranks. Kenya’s government has approved of a plan to extract up to 4,000...