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The US EPA’s 2016 New Source Performance Standards updated the 2012 standards by adding requirements for the industry to reduce greenhouse gas emissions, specifically methane. The 2016 NSPS also covers hydraulically fractured oil wells and production, processing, transmission and storage activities.

Layoffs have slowed, some companies posted profits in the third quarter, and there is even talk of a coming oil shortage that would cause oil prices to spike.

In a recent GE/Accenture report, surveys show that 81% of senior executives believe that big data analytics is one of the top three corporate priorities for the oil and gas industry through 2018. A striking finding was the sense of urgency felt about implementing data analytics solutions.

The continuing industry downturn has led to an additional reduction of 13% in SPE staff. This reduction brings SPE’s headcount to about two-thirds of what it was in 2014 before oil prices began to decline.

Farstad appointed Brett Silich as a managing director for its Australian offices. Silich has previously worked in senior positions at Maersk, Subsea 7, and served a stint as chief executive officer at Velocious. He had been managing director at Wallaby Engineering since 2013. He holds an honors degree in mechanical engineering from Curtin University.

Suncor Energy added Michael Creel to its board of directors. Creel previously served as chief executive officer (CEO) and director of the general partners at Enterprise Products Partners, a provider of midstream energy services, from 2010 to 2015. He joined Enterprise Products in 1999 and held positions of increasing responsibility within the company. Creel also serve…

MMI Engineering, a technical consultancy, named John Evans as managing director. Evans has more than 25 years of professional experience, including stints as principal consultant at the GL Group and as general manager of ESR Technology’s Aberdeen office. He has been MMI’s UK operations manager since 2015, and since 2010 he has served as manager of the company’s office…

Shell and GravityLight are working together in Kenya to convert the kinetic energy generated by the gravity of falling rocks to produce a safe, renewable source of light to those with no access to electricity .

For more than 35 years, the SPE Foundation has played an important role in providing support for SPE programs and services for members. SPE Foundation trustees, who are all past presidents of SPE, are dedicated to the principles of OneSPE, and are particularly keen to fund activities that benefit SPE members worldwide.

Providing access to more than 180,000 papers and presentations, OnePetro is a definitive resource for upstream oil and gas technical information.