Tech and energy are teaming up, creating a market that could grow 500% in the next 5 years
As the energy industry faces a time of reckoning — pressured by consistently low oil prices, high operating costs and a growing sustainable investing movement — oil and gas companies are increasingly turning to Silicon Valley for help streamlining operations and boosting efficiencies. By some estimates, the addressable market for digital oil and gas solutions […]
The Role Of Information Technology In The Upstream Oil & Gas Industry
Calgary, AB – Research conducted by Ipsos-Reid on behalf of PeopleSoft indicates that Information Technology is an important issue for the Oil and Gas industry today. Among other findings, study outcomes indicate that there is not currently a strong move among Canadian oil and gas companies to become compliant with the US Sarbanes-Oxley Act of 2002. […]
Technology and Oil
PURPOSE To demonstrate how much our society depends on petroleum products and to show how advances in technology have allowed us to find, obtain, and transport oil more efficiently. CONTEXT This lesson is part of the Energy in a High-Tech World Project, which examines the science behind energy. Energy in a High-Tech World is developed […]