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Efforts are being made to restrict climate change and provide employment to oil and gas workers

Efforts are being made to restrict climate change and provide employment to oil and gas workers

It is speculated that over 76,000 people lost their jobs in the oil industry from February to June, 2020 due to COVID-19 crisis and subsiding oil demands. Resources for the Future and the Center... Read more

With recovery plans set in motion by the Ministry of Mines and Energy,Colombia is all set to give a comeback in 2021

With recovery plans set in motion by the Ministry of Mines and Energy,Colombia is all set to give a comeback in 2021

2020 was a year filled with ups and downs for the Colombian oil industry, as the Ministry of Mines and Energy recently reported that the production fell by almost 11.6 percent in the first 11 months o... Read more

The coming times of Leviathan gas field is discussed by Egypt and Israel

The coming times of Leviathan gas field is discussed by Egypt and Israel

Tarek El-Molla, Egypt’s Energy Minister, had a meeting with Israeli Energy Minister, Yuval Steinitz, to combine the Israeli Leviathan gas field with the natural gas liquefaction units in Egypt t... Read more

Texas snowstorm has slowed down US output resulting in oil prices hike

Texas snowstorm has slowed down US output resulting in oil prices hike

Oil prices increased by $1 recently as the output in the US were hit by the Texas snowstorm. Crude production came to a halt for more than a week, and the oil producers are now slowly recovering from ... Read more

Frozen weather could detain oil and gas production in the U.S.

Frozen weather could detain oil and gas production in the U.S.

Due to frozen equipment and lack of power, there is a huge loss on oil and gas production for numerous days or may be weeks, as per the information provided by industry experts. Texas is the place wh... Read more

Canvass AI is the new way to eradicate unplanned downtime and lessen CO2 emissions

Canvass AI is the new way to eradicate unplanned downtime and lessen CO2 emissions

Canvass AI is one of the leading AI software providers for the industrial sector. The firm unveiled that two of the major energy companies deployed its AI platform to leverage asset utilization, reduc... Read more


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