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Oil & Gas Blog

November 17 2017
Fossil-Fuel Friendly Tax Plan Spares Oil, Not Solar or Tesla

Oil and gas companies will benefit from the tax plan proposed in the U.S. House, while solar energy companies and Tesla will not. In an article from Bloomberg Markets, authors Alex Nussbaum, Brian Eckhouse, and Emma Ockerman write, “The proposal, unveiled Thursday, slashes tax rates almost in half for most corporations, and expands the ability

November 10 2017
New Tax Plan is Fossil-Fuel Friendly

The recent tax bills circulating Washington appear to be fossil-fuel friendly, which is very good news for the oil and gas industry. In an article from Bloomberg Markets, authors Alex Nussbaum, Brian Eckhouse, and Emma Ockerman write, “The proposal, unveiled Thursday, slashes tax rates almost in half for most corporations, and expands the ability of

November 03 2017
Five Ways IT is Changing the Future of Oil and Gas

The energy industry will be revolutionized in the coming years due to the rise of information technology. Look for technology such as blockchain, the Internet of Things, and other digitization processes to lead the charge in disrupting the energy industry. In an article from Oil and gas iQ, author Anand Laxshmivarahan writes, “Being part of

October 27 2017
Oil and Gas Industry Resilient Among Low Prices

The oil and gas industry is staying competitive, thanks to advances in technology and efficiency. With the rise of electric cars on the horizon, will gas prices be able to stay low enough for the everyday consumer? In an article from My San Antonio, author Jennifer Hiller writes, “Low oil and gas prices, the rise

October 20 2017
More Cautious Outlook for Oil and Gas Rebound Could Accelerate Digital Transformation

Oil executives have shifted from an optimistic approach to a more cautious one, according to Deloitte’s “2017 Oil and Gas Industry Executive” survey. According to an article from Business Insider, “With lower expectations of a rapid price recovery, the need by many to find new efficiency gains and reduce costs could push the digital revolution

October 13 2017
Digitization At Heart of Oil, Gas Transition

Technology has altered many industries around the globe, including the oil and gas industry. With the world turning towards a more green and sustainable future, how will oil and gas be transformed by technology and digitization? In an article from E&P, author Mark Venables writes, “According to the report, the world is approaching a watershed

October 06 2017
Keeping Oil and Gas Competitive Could Hinge on the Latest Information Technology

The oil and gas industry could see a huge shift in the competitive landscape thanks to information technology. Currently, the industry has seen information technology used in real-time transactions and analytic platforms. In an article from JWN Energy, author R.P. Stasny writes, “If commodity prices remain low, as per most forecasts, the oil and gas

September 29 2017
Oil and Gas Industry Sees More Stability After Brief Disruption From Hurricanes

As the final quarter of 2017 nears, now is a great time to check the status of the U.S. oil and gas industry. However, Hurricanes Harvey and Irma ravaged the areas they hit sending gas prices to slowly rise. In an article from Forbes, author David Blackmon writes, “While Hurricanes Harvey and Irma definitely caused

September 22 2017
Big Oil Taps Silicon Valley Expertise On Journey to Advanced Technologies

Oil and gas companies are taking notice of technology such as AI, and looking towards Silicon Valley for help in the oil fields. Will the big technology companies come up with something to improve the oil industry? In an article from E&P, author Velda Addison writes, “As artificial intelligence and the Big Data that powers

September 14 2017
How Long Can U.S. Refineries Remain Offline?

Hurricane Harvey has had a major impact on the U.S.’s largest oil region. With pipeline and refinery closures, the U.S. oil and gas industry was put on pause. But how long can U.S. refineries remain offline? In an article from Oil Price, author Gregory Brew writes, “The storm forced several major Gulf refineries to shut