trends


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Can oil tech increase productivity enough to save the industry?

Thanks to changing consumer and industry behaviours, it's likely that the demand for oil will begin to decrease sharply within 10 years. That means the race is on to improve upstream productivity. Industry experts and others such as economist John Mills , Robert Gordon and Christian Odendahl ...

Scott Johnson


Posted 1 month agoOpinion > upstreamtrendsProductivity +2

Saudi Aramco to Acquire Stakes in a Mega Oil Refinery in China

Saudi's Aramco is reportedly planning to buy a stake in an upcoming major Chinese refinery. It is the company's new investment in the world's largest oil market as it follows a strategy of procuring avenues for oil sales. Abdulaziz M Al-Judaimi, Senior Vice President of downstream operations at Ara ...

Jui Kate


Posted 11 months agoPress > OilOil and GasEnergy +5

A December To Remember – The Biggest US Drilling Gain In Three Decades

US land drillers sent 2016 packing with a bang. Since May, the drilling recovery has looked exceptionally strong on a percentage basis. The December trend looked exceptionally strong on an absolute basis too with 65 US rigs returning to work. December 2016 delivered the best absolute rig cou ...

Joseph Triepke - Infill Thinking


Posted 2 years agoOpinion > Rig CountDrillingShale +1