For The First Time In A While, Developed Nations Will Need More Energy

For a decade, the world benefitted from cheap energy thanks to shale, which lowered energy costs, and accelerating globalism, which reduced labor costs. These two significant trends, happening in parallel, glossed over the high-risk feedback loops in the global financial system and taught the wrong lessons. Specifically, governments embarked on monetary and fiscal policy experiments…

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Drones reducing risk in offshore oil and gas inspection

Drones reducing risk in offshore oil and gas inspection

A variety of use cases for drones are materialising across both onshore and offshore oil and gas, many of which are helping to reduce risk in the sector. GlobalData’s new Drones in Power report outlines that the global drones market is seeing rapid growth, having been worth $15.2bn in 2020 and estimated to reach $89.6bn by 2030.…

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