OTC Asia 2026

Efficiency, Visibility and Reliability Keys to lower costs and greater profitability in oil and gas operations

Falling oil prices and collapsing profit margins are driving the industry to lower costs. Reducing labor costs and gaining supplier concessions can help, but output must meet buyer commitments.

This white paper addresses how automation can increase operating efficiency, visibility and reliability to help lower costs and boost profitability. It also provides four steps to accelerating automation’s deployment in oil and gas, while improving overall effectiveness.

 

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IEA Announces Largest Oil Stock Release Amid Mideast War

The 32 Member countries of the International Energy Agency (IEA) agreed unanimously on 11th March 2026 to place 400 million barrels of oil from...

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