The use of real-time analytics and data-sharing has been a growing part of the energy sector for the past few years, with technology playing an even larger role in the day-to-day drilling activities of many exploration companies.
The U.S. Department of Interior released its long-awaited federal rules on fracking March 20, which included revamped security and disclosure measures on public land.
Drilling companies have long struggled with the ability to adequately move their products from one location to another.
Oil and gas looks poised to remain strong in the new year, despite uncertainty in the global marketplace and skepticism regarding the decisions of some of the industry’s largest players.
A new report from ExxonMobil Corporation indicated global energy demand will be greatly impacted by expanding populations and growth in the middle class.
The U.S. Senate voted down the proposed Keystone XL pipeline 59-41 on Nov. 18, falling one vote short of the necessary 60 to move forward, according to the Associated Press.
A new survey from Deloitte indicated in the past two years, there has been a 150 percent increase in the number of oil and gas executives who believe energy independence is only 5 to 10 years away.