OPEC Announces Potential Production Freeze

OPEC has announced the formation of a preliminary deal to cut the production of oil, the first agreement of its kind since 2008. The cartel revealed it intends to cut production down to 32.5 million/bpd from a previous high of 33.2 million/bpd in August. Some analysts are wondering whether the…

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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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