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Crude prices may be rebounding, but undergraduate enrollment in US petroleum engineering programs continues to dive. Will there be a shortage of young, qualified PE graduates in the coming years?
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The two supermajors and offshore powerhouses are assessing the latest Gulf of Mexico discovery.
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Mexico’s Round 2.4 deepwater auction surpassed expectations as 19 of 29 blocks were awarded to 11 firms from 10 countries.
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The Irving, Texas-based supermajor plans to cash in on its expanded foothold in the Permian Basin, aided by a big reduction in the US corporate tax rate.
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With portfolios that in some cases look dramatically different from a few years ago, the majors now have the ability to think about long-term upstream growth through deal making.
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A professor who the EPA charged with reviewing its 2016 study on hydraulic fracturing’s possible drinking water impacts shared her observations on the flawed process that led to the agency’s final conclusion.
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A professor, whom the EPA charged with reviewing its 2016 study on hydraulic fracturing’s possible effects on drinking water, shared her observations on the process that led to the agency’s final conclusion.
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Overcoming numerous regulatory hurdles, Cuadrilla Resources is pressing ahead with its plans to fracture a well in the UK for the first time since 2011.
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The long-term decommissioning of the historic Brent field has necessitated redevelopment of the younger Penguins field in the North Sea, where the UK hopes to see more revival projects in the coming years.
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Major oil discoveries by Armstrong Oil & Gas and ConocoPhillips have compelled the US Department of the Interior to reassess its estimate of undiscovered, technically recoverable resources in parts of Alaska.