In this Episode of Oil & Gas This Week – We dive into how Self-Driving car’s and ride-sharing will effect the oil and gas industry. Saudi Arabia releases their ambitious ‘Vision 2030’ initiative to diversify their interests. California’s oil and gas industry is a lot larger than you think. Texas adds over 12k oil and gas jobs in the last 6 months. Greece opens up to oil and gas explorations. BP invests $20 million into Artificial Intelligence startup. Multiple multi-billion dollar mergers in petrochemicals and offshore services.
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Weekly Rig Count
As of 6/5/2017 – The American Rig count is 994 active rigs.