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...
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...
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 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,...
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...