News
Viking More Than Doubles Daily Oil & Gas Production With Recent Acquisition
Viking More Than Doubles Daily Oil & Gas Production With Recent Acquisition
Decarbonization of Oil and Gas is as Much About Perception as Performance
In an industry that faces continuous scrutiny of its environmental policies, the need to be seen as a proactive leader in carbon reduction is as important, if not more so, than achieving climate-change targets.
BP Enjoyed Its Best Year in Oil and Gas Trading Since 2009
BP runs one of the largest energy trading units worldwide.
Baker Hughes Launches AI Software to Optimise Oil and Gas Production
Baker Hughes and C3.ai have launched an application that allows well operators to view real-time production data and more accurately predict future production.
Petrobras Advances Sale of REMAN, LUBNOR Refineries
Petroleo Brasileiro SA (Petrobras) has started the binding phase for the sale of two of its refineries and a shale processing complex as part of the operator’s previously announced plan to divest its Brazilian refining assets.
Bats Inspire Detectors to Help Prevent Oil and Gas Pipe Leaks
Engineers have developed a new scanning technique inspired by the natural world that can detect corroding metals in oil and gas pipelines.
Exxon Signs Deals With Egypt For Oil, Gas Exploration in East Mediterranean
ExxonMobil and Egypt have signed two oil and gas exploration deals in the Eastern Mediterranean.
Oil Rises 1%, Snapping 5-Day Losing Streak
Oil futures rose 1% Tuesday after a five-day losing streak as OPEC sources said the group and its allies might tighten the market amid fears that the coronavirus, which has claimed over 100 lives in China, could weigh on oil demand.
Bank of America CEO: We should lend to oil companies, not divest from them
Bank of America CEO says oil and gas companies need funding so they can be part of the solution to climate change.
Chevron: Oil Still Has a Great Future
Worried about the environmental impact of oil? So is Chevron, but that doesn't materially change the future for oil demand.