Low Oil Prices Create Opportunity for Forward-Thinking Upstream Companies

The oil industry has seen many booms and busts in its history, and it’s common in times of low oil prices for companies to face significant pressure to cut spending.  This can lead to production slowdowns, decommissioned rigs, layoffs and other cuts with similar far-reaching consequences. It can even lead to unsafe working conditions if the HSE budget also ends up on the chopping block.

Although commodity prices may be beyond your control, periods of downturn can create opportunities for companies to invest in their future by acting strategically now. Your safety program is one of the best places to invest your time and resources during this critical juncture, and we’re here to tell you why.

Get Ahead While You Can!

Currently, companies in the upstream oil industry are facing many of the same challenges and are being limited by many of the same constraints. This may sound comforting, but … Read more...

Intelex Top 5 Environmental Statistics – Sustainability Budgets and Priorities

Intelex Top 5 Environmental Statistics – Sustainability Budgets and PrioritiesThanks goes to Verdantix for this research, originally published in Verdantix’s 2014 Global Survey: Sustainability Budgets and Priorities. Verdantix is an independent analyst firm with a focus on energy, environment, EH&S and sustainability research.… Read more...