Almost half of UK employees associate new technology with business growth

Despite concerns that Covid-19 could drive down discovered volumes to their lowest levels in decades, exploration activity has been resilient this year. Found resources already exceed 8 billion barrels of oil equivalent (boe) and are projected

CME Group’s flash data for crude oil futures markets noted open interest rose for the second session in a row at the beginning of the week, this time by around 16.5K contracts. Volume followed suit and

Oil and gas companies are using remote connectivity and augmented reality to enhance on-site productivity, reduce costs and improve safety. Rockwell Automation is confident these technologies will bolster operational reliability, helping businesses make data, systems and

The Australian Government’s 2020-21 Budget has reaffirmed the importance of increasing investment in the oil and gas industry and the contribution the industry will make in supporting the nation’s economic recovery following COVID-19. As part of

Oil prices gained on Tuesday due to fears that refineries could be hit by a storm brewing in the Gulf of Mexico, while buyers also drew relief from U.S. President Donald Trump’s return to the White

The North American Frac Spread Count has increased to triple digits this week, according to big data company Primary Vision.  The Frac Spread Count, which calculates the fracking completion crews currently finishing off wells, increased this week

The US oil and gas rig count rose by 15 to 308 in the week ending Sept. 23, rig data provider Enverus said, marking the largest weekly gain in the more than six months since the

The American Petroleum Institute (API) reported on Tuesday a draw in crude oil inventories of 9.517 million barrels for the week ending September 11. Analysts had predicted an inventory draw of 1.271-million barrels. In the previous week,