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Tag: oil
Google quits AI for oil and gas
2020-07-03 20:00:00| Oil IT Journal - www.oilit.com
Anticipating pressure from the environmental movement, Google stops making customized artificial intelligence tools for oil and gas. A Greenpeace report accuses tech firms of 'helping big oil profit from climate destruction'. The well-documented summary of current oil and gas cloud computing initiatives may make oils regret publicising their computing expertise so widely. 'Zero Cool' mole questions Microsoft's carbon math.
2020 Rice High Performance Computing in Oil and Gas conference
2020-07-03 20:00:00| Oil IT Journal - www.oilit.com
The 2020 Rice University (Houston) HPC in Oil and Gas conference was held as real event just before lockdown. Chevron presented an HPC facet of OSDU, the open subsurface data universe. Petrobras presented seismic trials of the Atrio Composable Cloud. Imperial College (London) gave an update on Devito, the BP/Shell-backed HPC Python framework, stressing the 'growing importance of open source software in industry'.
Tags: high
performance
conference
gas
Near-record Oil Stockpiles at US Gulf Coast Pressure Prices of Domestic Grades
2020-07-03 17:05:00| OGI
Mars Sour, the benchmark for sour U.S. Gulf Coast grades, was trading at a $1.05 premium to U.S. crude futures on July 1.
Tags: prices
pressure
oil
coast
Venezuelas Oil Exports Sank in June to 77-year Low
2020-07-02 21:05:00| OGI
The fall in oil exports has starved the socialist government of President Nicolas Maduro of its main source of revenue, contributing to an economic collapse.
US Oil, Gas Rig Count Hits Record Low for 9th Week
2020-07-02 19:42:00| OGI
The U.S. oil and gas rig count fell by two to an all-time low of 263 in the week to July 2, according to data from Baker Hughes Co.
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