Skip to content

Oil and gas industry strengthens

As the oil and gas industry strengthens with eyes on rising commodity prices, costs and emerging technologies, there are certain trends developing for 2018 that the industry should also keep in mind.

Will 2018 be the year for the digital revolution takeoff, transforming talk into lucrative plans to help drive growth? Will natural gas make strides toward becoming the dominant fuel of the future, replacing oil? How will U.S. shale perform with still struggling oilfield service companies and equipment manufacturers looking at costs? Will technology advancements be a savior?

At least one thing is a certainty – as in the past – OPEC remains relevant despite the rise of U.S. shale oil. Its strength can be staggering.