Industrial processes

The 5 Types Of Risk Assessment And When To Use Them

The 5 Types Of Risk Assessment And When To Use Them

Preface: Mange your risk Risk is an unforeseeable factor. You never know, when something will go wrong, and you have to do crisis management for that unavoidable situation. Whenever you

The 5 Types Of Risk Assessment And When To Use Them Read More »

An AI Model for Oil Volatility Forecasting

An AI Model for Oil Volatility Forecasting

Abstract By introducing a genetic algorithm learning with a classifier system, we construct an AI model for oil volatility forecasting on the basis of Internal Information and External Information. The

An AI Model for Oil Volatility Forecasting Read More »

Latin American Oil Export Destination Choice: A Machine Learning Approach

Latin American Oil Export Destination Choice: A Machine Learning Approach

Abstract We implement machine learning techniques to predict the destination for Latin American crude oil exports. Utilizing a unique dataset of micro-level crude oil shipment data, derived from the Automatic

Latin American Oil Export Destination Choice: A Machine Learning Approach Read More »

Applications of AI in Oil Well Surveillance

Applications of AI in Oil Well Surveillance

Abstract the oil industry is one in constant need of development and technological advancement. Declining oil field productivity as well as volatile oil prices, particularly after the last market crash,

Applications of AI in Oil Well Surveillance Read More »