Tag: Service
Autonomous vehicle sales forecast to surpass 33 million annually in 2040 -IHS Markit
U.S. market will see first autonomous vehicle sales in world More than 33 million autonomous vehicles will be sold globally in 2040, a substantial increase from the 51,000 units forecast for the first year of significant volume in 2021, according to the latest autonomous vehicle sales forecast from IHS Markit. The rapid convergence of autonomous driving and mobility […]
Link between economic growth and electricity use is changing around the world – EIA
In projection, GDP increases by 1.7% per year, and electricity use increases by 0.9% per year between 2015 and 2040 Growth in economic activity (measured as gross domestic product) has tended historically to be coupled with increases in electricity use as populations grow and generate more goods and services, according to the U.S. Energy Information […]
Global oil, gas storage service market to enjoy 90% occupancy rates – Technavio
Customers show a clear preference to vendors who provide ancillary services, especially in marine terminals According to the latest market study released by Technavio, the global oil and gas storage service market is expected to exhibit a CAGR of more than 2 per cent during the forecast period. This research report titled ‘Global Oil and Gas […]
Basic Energy reports major decline in rig, truck services
Heavy snowfall in the Permian Basin, Oklahoma reduced utilization rates in Dec. Fort Worth, Texas-based Basic Energy Services, Inc. is feeling the pinch of low oil and gas prices, as rig and fluid service truck utilization rates fell further at the end of 2015., the company announced Tuesday. Basic Energy’s well servicing rig count remained unchanged […]
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