It’s a short month but as always there are many topics circulating the Oil & Gas (O&G) industry. First, U.S. oil inventory has quickly increased and Wall Street is ramping up investment in O&G. U.S. shale oil output is predicted to increase 41,000 barrels a day this month to over 4.7 million barrels a day. Total crude oil and petroleum products stocks are up to 2.055 billion barrels, increasing inventory by over 25 million barrels produced since January. As upstream businesses are ramping up production, Wall Street is looking to invest more in O&G, but only if crude prices climb higher and higher. WTI Crude Oil index is hovering at $54/bbl, but has been there for the last month without much growth.

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Countless businesses are learning that it takes a lot of time, effort and a significant part of the budget to manage and store physical paper documents. Once filed, the information on the documents is much harder to access, especially by employees in the field. In regards to Health, Safety and Environmental (HSE, EHS or HS&E) management, safety regulations, hazard management protocols, incident reporting requirements and other important information must be readily available to employees as part of an effective HS&E Management System. We live in a time where just about any piece of information one needs is at our fingertips thanks to the cloud and smart devices. Surprisingly many companies do not have the same access to business information. Here are three ways using just one part of the cloud, document storage, improves your HS&E management system.

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Many Oil and Gas (O&G) businesses are realizing that in order to improve operational efficiencies they will need to utilize digital solutions for every-day tasks. Cloud and mobile technologies are helping businesses quickly adopt digital solutions for field applications. Digital solutions on site are becoming an integral part of a worker’s routine and are helping companies provide a safer work environment for staff. Here’s how?

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