Over the past two years, low oil and gas prices have challenged the petroleum industry to find ways to enhance productivity and cut costs in order to remain profitable. The industry has increased the use of various technologies to create efficiencies and reduce human error. As a result, in one of Canada’s centenarian industries, there’s been a surge of creativity and innovation.
While prices have stabilized in recent months companies are cautiously optimistic about the future. They recognize they can’t afford to lose the progress made in their productivity improvements. As a ... Continue reading