You are here

Big Oil experimenting with technology to lower costs

Monday, October 17, 2016 - 05:50


OIL majors including Statoil, Shell and Chevron are experimenting with various technologies, from drones and drill design to data management, to drive down costs and weather a deep downturn.

Crude prices have more than halved since mid-2014, forcing companies to cut billions

Market voices on:

Powered by GET.comGetCom