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To solve the world’s biggest challenges, such as climate change and inequality, the business community will have to play a critical role. Last month, nearly 200 CEOs declared that the purpose of business is no longer just maximizing shareholder profit. But are they ready to follow through?

Cyberhawk, a provider of drone services and end-to-end visual inspection data management, signed a contract with Chevron North Sea Limited (CNSL) for UAV-based inspection services following the completion of a successful proof of concept inspection on one of CNSL’s assets.

India’s Petronet LNG Ltd. signed a $7.5-billion agreement to buy into Tellurian Inc.’s proposed LNG terminal in Louisiana in what is described as potentially one of the largest foreign investments in the US to ship shale gas abroad.

Large-scale investment in carbon capture and methane-emission reduction tops the agenda of the Oil and Gas Carbon Initiative, an organization led by chief executives of several major oil and gas companies.

ModuSpec, a drilling rig inspection, auditing, and training services company, re-emerges as an independent operating company following a strategic restructure of Lloyd’s Register. It will focus on the Middle East and Asia, as well as Egypt, Uganda, and Kenya.

Figuring out how far apart to place horizontal wellbores remains one of the biggest challenges facing the future of the shale revolution. One roadblock appears to be the way in which the sector has traditionally measured these distances.

The kingdom and the oil and gas industry have been slow to shore up defenses, raising red flags about the possibility of longer-term fallout in the region, experts said, including those who have responded to incidents in the region.

A new documentary exploring men’s mental health in the oil industry takes a look at the toll that long hours and isolation can have on workers.

Repsol has awarded Allseas an EPRD contract for the removal, transfer, load-in to shore, and disposal of its Gyda platform in the Norwegian North Sea. The contract covers the 18,000-ton topsides and 11,200-ton jacket, along with an option for reinstallation on another field.