In 2016, the oil industry was reported to be in its deepest downturn since the 1990s. The cause was cited to be the plunging price of a barrel of… read more →
Due to assistance from research and development (R&D), Texas crude oil production has tripled since 2010. This occurred due to the development of hydraulic fracturing (‘fracking’) combined with horizontal drilling… read more →
Every year, companies and investors gather at the National Petroleum Expo (NAPE) to trade, buy, sell and see the latest technology in the oil industry. This year, NAPE was held… read more →
In the U.S., up to $280 billion is spent on Research and Development in private sectors per year. A significant portion of this money spent by companies could qualify for the… read more →
Many companies in the state of Texas are missing out on important tax credits because they feel that they are not entitled to them. This applies as much to the… read more →