Experts from Schlumberger and Halliburton discuss the challenges of managing emissions in the oil patch—and what the oil and gas industry can do about them.
Moscow’s sanctions came just a day after Ukraine halted a gas transit route, blaming interference by occupying Russian forces, the first time exports via Ukraine have been disrupted since the invasion.
DOF Subsea is on the case with an impressive 99% recycling and reuse rate in North Sea decommissioning project
Technip Energies and Saulsbury Industries will provide engineering, procurement and construction services for Exxon Mobil's Wyoming facility to increase carbon capture capacity and CO2 transportation pipeline.
IEA's analysis suggests the economic impact from further sanctions on Russian energy mulled by the European Union could be limited.
"Right now the world is dealing with a situation where energy security is high on the agenda, particularly in Europe," Equinor's chairman told the annual general meeting.
Canadian Trans Mountain Corp. will expand the Trans Mountain pipeline to bring more crude oil to the Pacific coast from Alberta with the help of C$10 billion in financing.
The three sales were the last to be held under a 5-year plan for leasing in federal waters on the outer continental shelf. That plan expires in June, and the Biden administration has not finalized a new program.
A new carbon capture project announced by Lapis Energy and LSB Industries will be the first CCS project in the state of Arkansas and only the third project from ammonia production in the U.S.
Occidental Petroleum will resume its share repurchase program this quarter after reaching its $20 billion net debt target, CFO Robert Peterson also said during the call.
“Prices are going to continue to move on up especially if the European Union comes to an agreement to phase out Russian oil purchases over the balance of this year,” said Andrew Lipow, president of Lipow Oil Associates in Houston.
Renewables growth in 2021 was led by China, the EU and Latin America in 2021, the IEA said, but it had lagged in the U.S.
The creation of the new chief accounting officer role and Adam Powell’s promotion is directly related to Valor’s rapid growth over the past year, doubling in both size and revenue, the Fort Worth, Texas-based company said.
The renewables arm of Oil States Industries is working to test a prototype of its new fixed TLP in the North Sea next year.
Results at Siemens Gamesa, which in January issued its third profit warning in nine months, mask a solid performance at Siemens Energy’s business focused on coal- and gas-fired power stations and turbines.
Here’s a snapshot of recent energy deals including the closing of PDC Energy’s $1.3 billion acquisition of private D-J Basin operator Great Western Petroleum plus the formation of a $1.1 billion renewable natural gas joint venture.
Here’s a quicklist of oil and gas assets on the market including Gulf of Mexico package consisting of ORRI in 266 wells offshore Louisiana plus BlackBriar Royalty Austin Chalk and Eagle Ford properties.
The Alberta Court of Appeal said the Impact Assessment Act (IAA), which assesses how major infrastructure projects in Canada like pipelines impact the environment, was a “classic example of legislative creep.”
A private seller retained Eagle River Energy Advisors LLC for the sale of certain wellbore only, nonoperated working interests spread across four core counties in the heart of the Williston Basin in North Dakota.
A wide range of utilities, oil and gas firms and engineering companies have lined up to develop offshore power projects in Norway, including Equinor, Shell, BP, Ørsted and Eni.
Tanya Hendricks was appointed chief commercial officer of Project Canary to implement strategic growth strategies, including driving accountable, measurement-based ESG reporting on a global scale.
Suncor CEO Mark Little said the company looked forward to engaging in constructive discussions with activist investor firm Elliott.
The transit point Ukraine shut usually handles about 8% of Russian gas flows to Europe.
Analysts predict that operators could reach pre-pandemic crude oil production outputs by October 2022, with Permian Basin production expected to rise 5.7 MMbbl/d next year.
Occidental’s plan to produce oil while it develops technology to tap carbon emissions from fossil fuels gained a renewed vote of confidence after Warren Buffett’s Berkshire Hathaway raised its stake in the company to about 15.2%.
A new Environmental Defense Fund study shows that oil companies diversifying their assets to look greener are often just selling them to operators under less scrutiny.