Declining Supermajors Profits Reveal Flaws in the Oil and Gas Business Model

RMI Supply

The five largest global oil and gas supermajors—ExxonMobil, Chevron, Shell, BP, and TotalEnergies—have now reported their results for the second quarter. For oil bulls, the headlines were a disappointment, with all five enterprises reporting falling revenues and slimmer profits, stemming from a decline in global oil and gas prices. Collectively,…

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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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