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industrial plant emissions

Will COP21 Spur Big Oil to Invest in Low-Carbon Technology?

The Paris climate deal — and the actions it will require to keep global temperature rise to “well below” 2 degrees Celsius — can go one of two ways for big oil. Either it’s a nail in the coffin of the high-carbon-emitting industry, or it’s an opportunity for oil companies … Read more »

oil pumps

Cheap Oil’s Biggest Losers

Crude oil, which closed at about $32 a barrel yesterday, now costs less than a drum to transport it. A video from The Independent says the drums cost about $99 each — three times as expensive as the oil they carry. However, cheap oil isn’t giving the US economy the … Read more »

oil drilling

As Oil Prices Plunge, Big Oil Turns to Big Data

With plunging oil prices, large oil and gas companies are using big data to manage risks, cut costs and increase revenues, according to Lux Research. As hardware developers have brought a raft of new and existing sensor technologies to the industry, developers have more data to work with than ever. … Read more »