18 October 2016, London/Oslo — 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 of dollars in costs. Determined to shield dividends […] More »
Oil majors experiment with technology to weather crisis
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