The Latest

Investment

Canada Defends Role for Oil Sands Projects in Energy Transition

Oil output at controversial assets to increase even as government seeks to cut emissions, Canada’s natural resources minister says.

August 14, 2020

Restructurings

Private Oil Producer Remora Petroleum Files for Chapter 11 Bankruptcy

Remora Petroleum, an Austin, Texas-based private E&P company focused on mature, long-lived producing properties, listed approximately $85 million in debt.

August 13, 2020

Exploration & Production

Erdogan Says Any Attack on Turkish Exploration Ship in Mediterranean Will Exact ‘High Price’

President Tayyip Erdogan said Aug. 13 that any attack on a Turkish ship exploring for oil and gas in disputed Mediterranean waters would incur a "high price."

August 13, 2020

Exploration & Production

E&P Offshore: Delivering Sustainable Execution Model for Reducing Emissions

Carbon footprint evaluation for offshore wind installation finds material selection and stakeholder alliances keys to success.

August 13, 2020

Exploration & Production

Flaring Solutions: Staying Focused

Despite ongoing headwinds facing the battered oil and gas industry, reducing emissions remains a goal.

August 13, 2020

Discoveries

Russia’s Gazprom Neft Discovers Oil Field in Urals Region

The company said the Roshchinskoye oil field has “geological reserves” of 4 million tonnes (29.3 million barrels).

August 13, 2020

Exploration & Production

Trump Administration to Roll Back Curbs on Methane from Oil, Gas Operations

The Trump administration on Aug. 13 will roll back regulations aimed at reducing emissions of the potent greenhouse gas methane from oil and gas operations, its latest move to unwind environmental rules ahead of November’s presidential election.

August 13, 2020

Exploration & Production

E&P Spotlight: Enabling the Vision of Dynamic Gas-lift Optimization

With increased and improved data collection, gas-lift optimization can be automated across the full field and lead to operational discoveries that make an economical lift type even more cost effective.

August 13, 2020

Exploration & Production

IEA Lowers Oil Demand Forecast Citing Reduced Air Travel

The Paris-based IEA slashed its 2020 oil demand outlook by 140,000 bbl/d to 91.9 million bbl/d, its first downgrade in several months.

August 13, 2020

Exploration & Production

Rove: Election will be a Consequential One for Oil and Gas

Even if energy is not a hot topic on a national level, it will influence votes in some states, the political strategist says.

August 12, 2020