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Montevideo, March 29th 2024 - 07:28 UTC

Tag: Amazon Effect

  • Wednesday, October 18th 2017 - 07:16 UTC

    The “Amazon Effect” is coming to oil markets

    Cottonwood Venture Mark P. Mills believes we are on the verge of an oil industry major transformation identical to that Amazon prompted in retail.

    By Irina Slav for Oilprice.com - While OPEC mulls over further steps to once again support falling oil prices, tech startups are quietly ushering in a new era in oil and gas: the era of the digital oil field. Much talk has revolved around how software can completely transform the energy industry, but until recently, it was just talk.