IRI meaning in oil and gas

Industrial Research Institute

from the IRI website: The Industrial Research Institute (IRI) is the foremost business association of leaders in research and development (R&D) working together to enhance the effectiveness of technological innovation in industry. Founded in 1938 through the National Research Council, the IRI comprises senior executives from a diverse range of industries whose member companies are investing over $70 billion annually in R&D worldwide. The IRI is the only cross-industry organization providing the R&D community with insights, solutions and best practices in innovation management developed through collaborative knowledge creation. For more information, call 703-647-2580. ///a major oil and gas company (through Amoco) has been a member since the 1950's. a global energy company (now XOM) has been a member for a similar length of time.<p> <p>