After a highly successful inaugural event, OTC Brasil is back to showcase technology and ideas from this industry hot spot.

The company’s 2012 Oil Sands Report on its Canadian operations shows production increased by more than 60% and carbon dioxide intensity dropped by nearly 24%.

A Bernstein report revealed production from GoM wells had the steepest annual decline rate at 23%, more than twice as high as wells in Norway and Brazil.

Winners of this prestigious award reach across a broad range of disciplines and address a number of problems that pose roadblocks to efficient operations.

As an abundance of shale gas leads to less coal consumption in the US, the use of coal remains prevalent in countries in other parts of the world.