The oil and gas industry has long been a cornerstone of global energy production and economic growth. Despite its challenges and controversies, it offers a range of rewards that attract individuals to pursue careers within its domain. From technological innovation to...
The oil and gas industry is known for its profitability and has been a significant driver of economic growth and development worldwide. Several key factors contribute to the industry’s profitability and financial success. Global Demand and Limited Supply: Oil...
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,...
Scotland is making plans to reach net-zero by 2050, and Royal Dutch Shell, commonly referred to as Shell, is planning to stand by and support this goal. In December 2019, Steve Phimister, Shell UK’s upstream vice president, wrote an opinion piece for Energy Vice...
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...
