API recently released the fifth edition of Specification 4F, a manufacturing standard that applies to both onshore and offshore well structures to ensure operational safety and sustainability.
A day after Dominion and Duke canceled the Atlantic Coast Pipeline as litigation mounted, the industry again finds itself confounded by permitting issues.
The announcement followed previous criminal findings by the grand jury against two fracking companies—Range Resources and Cabot Oil & Gas —for repeated violations of Pennsylvania environmental laws.
The drive marks the third try in four years to tighten oil and gas drilling regulations in Colorado, which is the fifth largest oil-producing U.S. state.
The overall risk level for Mexico remained the same in the bulletin, but the warning comes after a number of reported incidents in recent months including an attack in November on an Italian flagged vessel off the state of Campeche.
A flaring matrix, seen as a key component of the proposed plan, gives oil and gas operators several options based on their situations.
A recent report sheds light on best practices of Permian operators that include Chevron Corp.
Whether and how fossil fuel demand may rebound after the pandemic is hotly contested, with many projections assuming that demand for oil, in particular, could steadily return as lockdowns lift.