Workrise commissioned NewtonX to formulate and field an impartial benchmark study on the source-to-pay space in energy, as well as the industry dynamics that inform it. The results were eye-opening.

Like one leg on a three-legged chair, if you remove suppliers from the equation, everything collapses. That’s why any solution to energy’s source-to-pay problem must make it easier for suppliers to do their jobs.

Oil & Gas companies work around the clock to keep our world running amid an ever-growing demand for energy. Many of their biggest expenditures are directly related to large suppliers and associated expenses incurred during ex

The Oil & Gas supply chain is a complex and highly specialized problem space. But the underlying premise is the same as any other industry. It’s about getting what you need, when you need it, for the best price.

The reality facing today’s energy companies is that the world demands more energy while pressure from shareholders increases. Opportunities to improve the bottom line are increasingly rare. Enter the source-to-pay lifecycle.

If you work in energy, you know that what works for IBM or Microsoft isn’t optimal for the Exxons of the world, and certainly not for smaller operators and regional players. A new breed of source-to-pay solution is needed.

The relationship between energy companies and their suppliers is... complicated. The scale of the work is massive, but what we see is a dance floor full of partners who constantly find themselves out of step.

With millions spent every month on services, equipment, and materials, the ability to manage vendor spend is critical for operators in today's environment. This article covers the basics and best practices for the road ahead.

As operators feel the squeeze of a tough macro environment and high expectations from shareholders, there are ways to get the most out of every dollar of capex.

The good news: Despite the continuing wave of consolidation sweeping through the industry, you don't have to buy a company to improve the efficiency of your operations.

While we can recognize the win that the project's completion represents, the Trans Mountain saga reveals the dire need for infrastructure policy and regulatory reform.

Despite alarm bells in Washington, the current M&A wave in Oil & Gas will benefit the consumer, the country, and the planet.

The busiest, most frenetic segment of the energy ecosystem is the field, where thousands of projects are delivered, maintained, and decommissioned weekly. In this world, a digital revolution is coming.

The controversy that dogged the climate summit shows the extent to which misinformation, politics, and outdated beliefs reign supreme — and hinder progress toward net zero.

Vendor management software can be a challenging domain to understand, especially when it comes to the energy industry. Learn what's out there, and what better looks like with this helpful guide.

By late 2024 to early 2025, a new era of Oil & Gas production will be dawning. It will look decidedly different than the world we operate in today, and will be defined by three seismic shifts.

Working with many of the biggest operators and suppliers, we’re seeing activity that will have major ramifications for the industry in the coming year. Here are eight predictions about what to expect in 2024.

With one of the largest concentrations of reserves in the world, North American natural gas producers are in pole position to capitalize on rising global demand in 2024, and beyond.

In our recent benchmark study, an area of focus that produced startling results was the cost environment. Let’s take a look at what Oil & Gas leaders are grappling with today, and what lessons we can learn going forward.

A benchmark study reveals that crucial supply chain data is in shockingly short supply for energy companies and their suppliers.

Understanding and naming the deep, systemic challenges we face is the first step on the road to a better, more prosperous future.

A new Workrise-commissioned study uncovers the hidden challenges and evolving priorities of industry leaders, spotlighting a supply chain on the brink of transformation.

On the surface, M&A is a logical solution. Yet, as Will Hickey, Co-CEO of Permian Resources pointed out, these transactions rely heavily on "synergies" — the economies of scale, operational efficiencies, and risk reduction.

What people often don't realize is that the biggest threat to success in the energy transition isn't the ability to scale investment in new energy production - it's America's aging grids and our broken infrastructure policy.

It’s easy to feel like it’s getting harder to win in Oil & Gas, but today's producers have an immense opportunity to improve how they operate. The final frontier for innovation is the supply chain, and it's time to commit.

ExxonMobil has announced a deal with Nucor Corporation to capture, transport, and store up to 800,000 metric tons per year of CO2 from thes steel-maker’s manufacturing site in Louisiana. After recent agreements with industria

Many Americans see conventional energy as the enemy of renewable energy, and believe progress for one must mean failure for the other. Nothing could be further from the truth.

Maximizing efficiency and minimizing rig downtime is a key challenge for operations leaders in Oil & Gas. This challenge is exacerbated when access to the vendors is limited, or an unexpected need for a new vendor arises.

Big problems require big solutions, and the conventional Oil & Gas companies of today are uniquely positioned to lead the planet to the future we all desire.

Oil and gas industry safety can be challenging, but by following these steps, you can improve your business's health and safety record.

As solar now leads the way in new US electricity generating capacity, we are ready to bring our expertise with helping meet new job demand from the solar industry.

Workrise is here to help meet the pressure for the solar industry to grow exponentially while supporting workers through training, cross-training, and other worker-driven programs.

We take a look at 5 key benefits of flexible labor for employers and explain how a more flexible labor force makes hiring more efficient.

The outbreak of COVID-19 has not only reduced overall demand for crude around the world, but it has created fear and uncertainty that has rippled across almost every sector of the economy.

Workrise created this guide to help you navigate the resources that may be available to you. We’ll continue to keep you updated on changes to this program or similar programs that might benefit you and your family.

While some companies seek specific certifications and experience, there are a few qualities that make a directional driller (DD) stand out in any pile of applications.

The Tax Cuts and Jobs Act, passed by Congress and signed by President Trump in December, may significantly reduce the taxes paid by independent contractors, starting in 2018.

Yesterday President Biden signed the Inflation Reduction Act, paving the way for major investment and with it, lots of implications for the US energy landscape over the next decade.

Equipment shortages are driving up prices, and squeezing profits. Using a vendor marketplace can be a helpful way of bringing costs down.

Workrise connects skilled laborers with the best jobs.

Workrise connects skilled laborers with the best jobs.

David Willis started working on a drilling rig at just 17 years old. 40 years later, he’s a Completion and Production Consultant. Learn how Workrise went to bat for David, and won.

Following the pandemic, these three Texas cities are leading the way in Oil & Gas employment growth.

Last week the Supreme Court ruled on Hewitt v. Helix and the future of day-rate pay under the Wages and Fair Labor Standards Act (FLSA). We unpack the decision and what it means.

Energy has never been a more pressing issue than it is today. The energy crisis — vulnerable markets, rising prices, fuel shortages, a supply chain in disarray — is real. And there's a solution that is ripe for the taking.

The world is at an inflection point, and so are we. We are hard at work on our next chapter, helping the biggest players in energy work faster and more efficiently for their shareholders, and for our global energy future.