Energy prices soar as Russia invades Ukraine

Energy Prices Soar as Russia Invades Ukraine

Russia is in trouble. Even if it defeats Ukraine, the response by governments around the globe will hit Russia’s financial institutions and petroleum industry hard. Oil and natural gas exports are Russia’s “cash cow.” Russia is one of the world’s largest producers. In 2021, it produced about 11 million barrels…

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Alex Mills is the former President of the Texas Alliance of Energy Producers. The Alliance is the largest state oil and gas associations in the nation with more than 3,000 members in 305 cities and 28 states.

 

3 Ways Technology is Going to Shape the Oil and Gas Industry Free to Download Today

Oil and gas operations are commonly found in remote locations far from company headquarters. Now, it's possible to monitor pump operations, collate and analyze seismic data, and track employees around the world from almost anywhere. Whether employees are in the office or in the field, the internet and related applications enable a greater multidirectional flow of information – and control – than ever before.

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