In an era defined by technological innovation, the oil and gas industry has embarked on a journey of transformation, harnessing the power of Artificial Intelligence (AI) to streamline operations, increase efficiency, and reduce environmental impact. From the corporate boardrooms to the remote well sites, AI is redefining the way this […]
More Oil and Gas Bankruptcies Coming Bankruptcies in the U.S. oil patch are on the rise after the global pandemic decimated demand. But shale companies were struggling before COVID hit, loading up on debt before prices came crashing down. Law firm Haynes and Boone counted nearly 500 bankruptcies among oil […]
Coronavirus Potential Revenue Gains For Davis Refinery William Prentice, Meridian Energy Group Inc., explains how much revenue the refinery would have generated since the beginning of the year and how they would have responded to the coronavirus. “Looking back over the past six months, had the Davis Refinery been in […]
Jon Clark, Clark Energy Consulting, gives an update from the Houston area in the world of oil and gas. Clark responds to a recent article about ConocoPhillips Chief Executive Officer Ryan Lance expressing surprise at the quick rebound in U.S. oil prices that slipped into the negative territory in April. […]
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