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The walking, talking oil-drigging rig

Date:
April 15, 2014
Source:
Reuters - Business Video Online / Powered by NewsLook.com
Summary:
Pennsylvania-based Schramm is incorporating modern technology in its next generation oil-drigging rigs, making them smaller, safer and smarter. Ernest Scheyder reports. Video provided by Reuters


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last updated on 2015-03-28 at 8:25 pm EDT

Global Oil Demand to Increase Next Year at Fastest Pace Since 2010

Global Oil Demand to Increase Next Year at Fastest Pace Since 2010

TheStreet (July 11, 2014) — Global oil demand will rise at the fastest pace in five years in 2015, according to the International Energy Agency. The IEA said that world oil consumption will increase next year by 1.4 million barrels a day to a record 94.1 million. Most of the increase in oil supply will be from nations outside of the Organization of Petroleum Exporting Countries. Oil supply from non-OPEC countries will rise by 1.2 million barrels a day next year as North American production rises. The demand for oil will be driven in large part by China, which the agency said will see demand increase by more than 4% to about 10.8 million a day. Video provided by TheStreet
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Raw: Hungry Polar Bear Transferred to New Home

Raw: Hungry Polar Bear Transferred to New Home

AP (Dec. 2, 2014) — A Russian polar bear was air-lifted to a more suitable home after paying a visit to an oil rig for food. (Dec. 2) Video provided by AP
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RAW VIDEO: Train Hits Tractor Trailer Stuck on Tracks

RAW VIDEO: Train Hits Tractor Trailer Stuck on Tracks

AP (Oct. 10, 2013) — A tractor-trailer stuck on tracks in West Texas was struck by a train that dragged it a half-mile before coming to a stop. The driver of the rig had exited the tractor minutes before the train struck in Midland and no injuries were reported. (Oct. 10)
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BP Gets Permission To Resume Drilling In Gulf

BP Gets Permission To Resume Drilling In Gulf

Newsy (Mar. 14, 2014) — The move to allow BP to resume drilling four years after the Deepwater Horizon rig explosion drew both sharp criticism and praise. Video provided by Newsy
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