Eyes in the sky are now becoming intelligence in the sky as well. Artificial intelligence. The firm known as Cyberhawk has advanced the frontier by another step with its introduction of AI-powered UAS (unmanned aircraft system) inspections. Cyberhawk, specialists in drone-based inspection and survey services and visual data management software, announced on Oct. 2 a […]

The oil and gas industry has pursued energy transition avenues to decarbonize its operations. However, heightened energy security fears amid the Ukraine war have brought back the focus on fossil fuels, which has led companies to scale down their energy transition pursuit. This will likely continue in 2024, but the switch towards low-carbon energy is […]

Fort Worth-based Baseline Energy Services LP recently opened a new facility to serve customers in the Uinta Basin. The center, situated in Roosevelt, Utah, is fully equipped to support that region’s mobile power generator fleet and will provide a full range of maintenance and repair services. To support Baseline’s mission, the new facility will be […]

Global oil and gas contract activity received a boost from Petrobras’ key upstream contracts in the second quarter of 2024. The industry witnessed a notable 47 percent quarter-on-quarter increase in total disclosed value to reach $54.91 billion in Q2 2024 from $37.3 billion in Q1, reveals GlobalData, a data and analytics company.   GlobalData’s latest report, “Oil […]

The EY US oil and gas reserves, production, and ESG benchmarking study reveals an industry demonstrating remarkable resilience and financial performance, despite facing a challenging economic landscape in 2023. The study, released Aug. 20, examines the 50 largest publicly traded exploration and production (E&P) companies, highlights the industry’s ability to navigate price fluctuations and maintain a […]

Brazos Midstream announced Aug. 15 the completion of several significant milestone projects consisting of major new-build pipelines and processing facilities located in the core of the Midland Basin, one of the most active oil and gas producing regions in the United States. Brazos’ buildout of new Midland Basin gas midstream infrastructure is anchored by the […]

Whitley Penn has been named a “Top 100 Firm” by INSIDE Public Accounting (IPA), ranking 35th in the annual ranking of the largest accounting firms in the nation. “It fills us with pride to be acknowledged as one of the Top 100 Firms by IPA,” stated Larry Autrey, CEO and Managing Partner of Whitley Penn. “This honor is a […]

The Internet of Things (IoT) has become a fundamental component of modern technology. According to an Aug. 30 notice from Stocklytics.com, the global IoT market is expected to earn $1.5 trillion in revenue by 2029. As the site’s financial analyst, Edith Reads, observes: “The demand for more technological advancements, widespread industry adoption, and a growing […]

Kito Crosby, a leader in the lifting and securement industry, based in Richardson, Texas, has announced the completion of a major investment at its flagship manufacturing site of Peerless branded products in Winona, Minnesota. The multi-year, multi-million-dollar, project involved the design, installation, and startup of an advanced continuous plating system utilized in chain production. This […]