Testing page for app
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The Internet giant is walking away from the exploraiton and production business following a report that claimed it was undermining its own climate initiatives by offering its machine-learning tools.
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In 2 months, the US saw a 56% decline in rig count, reaching a 33-year low.
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As operators feel the pinch of low oil prices, so, too, do their service providers.
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The JV continues KBR’s work history in Kazakhstan. The company has worked on various projects in the country since 1993.
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Tracking down fugitive emissions has traditionally relied on small-scale detection efforts. This new project seeks to buck the trend by covering the Permian Basin with sensors.
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Neptune must pay Energean a break-up fee of $5 million for cancelling what was to be a $250 million deal.
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The recent increase in global liquid fuel inventory has been largely driven by travel restrictions, and reduced economic activity. Supply is expected come back down as demand and prices recover.
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In a survey of 448 workers across the oil and gas industry, UH Energy asked key questions about returning to work during the global pandemic.
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Centennial said in its 10-Q report for Q1 that the economic downturn increased the likelihood that the transaction would fail to close by its original timeline.
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SPE leaders share their insights on how COVID-19 and the low oil price environment are affecting the oil and gas workforce, the SPE, and future industry interaction, including academia.