Technology scouting programs can help preserve R&D capital for oil and gas companies by looking to other industries for crossover innovation.
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Production logging is an essential resource for managing well and reservoir performance, but traditional methods only see half the picture.
By establishing a good strategy for emissions management, oil and gas operators can bring an end to the never-ending chase of identifying and fixing leaky systems.
Analysts, banks cite a return to traffic congestion around the world.
Energy banking in a pandemic that has diminished global oil and gas demand by at least 25%? A 38-year energy finance attorney and author of a history of oil and gas finance describes what the space looks like today.
United States Oil Fund LP, the country's largest crude exchange-traded fund, is being investigated by U.S. regulators over whether its risks were properly disclosed to investors, Bloomberg reported.
Upon Michael McAllister’s retirement, CEO Doug Suttles will assume the responsibilities of president at Denver-based Ovintiv Inc., formerly known as Encana.
The U.S. Treasury Department has released rules guiding how companies use a federal tax credit designed to spur investment in carbon capture and sequestration projects.
Aker BP will be the first user of the new technology Optime Subsea has developed that removes umbilical controlled tubing hanger operations, the company said on May 29.
TGS, a leading provider of multiclient geoscience data for E&P companies, said May 27 that it has commenced the acquisition of its Atlantic Margin 20 (AM20) 3D multiclient seismic project offshore north-west Europe.
Research from this year’s Colorado School of Mines’ Reservoir Characterization Program includes a field project in the Eagle Ford Shale conducted in Gonzales County, Texas.
U.S. tight rock oil production exceeded 9 million barrels per day in March, according to the U.S. Energy Information Administration. The story began 20 years ago in Richland County, Mont., with a prospector, two wildcatters, Halliburton and a bold venture: land a lateral in the middle Bakken—and frac it.
EnerVest Energy Institutional Fund XIV-1A LP has retained Detring Energy Advisors to market for sale a 15% nonoperated position in its Nora Field assets located in Virginia and West Virginia.
Occidental Petroleum has been sued by investors who claim they suffered billions of dollars of losses because the heavily indebted company concealed its inability to weather plunging oil prices.
Groups want the organization to align its June report with Paris accord goal.
The Norwegian government proposes spending 3.6 billion Norwegian crowns (US$369 million) on investments to make its economy greener as it gradually emerges from coronavirus lockdowns, the government said on May 29.
Chevron shareholders on May 27 voted to approve a proposal demanding that the company issue a report on its climate change related lobbying activities.
Marshall McCrea, chief commercial officer for Dallas-based Energy Transfer, said in a recorded message to employees the cuts would begin June 1 and affect about 6% of the company's staff.
Commodities merchant Trafigura and Occidental Petroleum are among companies looking to book vessels to ship crude from the U.S. Gulf Coast to Asia, one shipbroker said.