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As the challenges of COVID-19 continue, the International Association of Oil and Gas Producers has determined that its mission for 2021 will include unprecedented focus on the wellbeing of everyone who works in the industry, as well as the wider communities in which they operate.
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When humankind returns to the Moon to establish colonies it will be bringing with it technologies born in the oil and mining industries. The European Space Agency and Russia’s Roscosmos will be central to that effort as they prepare to land a robotic drilling system to extract oxygen and water from frozen lunar soil.
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Using renewable energy can help the oil and gas industry to reduce emissions while getting a stable, high-quality power supply. The renewable energy system can even be used to help the oil and gas facilities with enhanced oil recovery.
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Wood Mackenzie’s latest analysis asserts that sustainability and resilience will be at the heart of the oil and gas industry story in 2021.
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The energy transition is accelerating faster than any market observers have anticipated. Here, we highlight six opportunities in the oil and gas sector for oil and gas engineers to work on a cleaner future.
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Total’s acquisition of 20% of Adani Green Energy adds to the supermajor’s global solar portfolio and advances its objective of reaching 35 GW of gross production capacity from renewable sources by 2025.
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Although they only make up about 10% of total US production, the vast majority of onshore US conventional wells are stripper wells. What are the implications for buyers seeking assets?
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Outlooks for the oil and gas industry continue to vary along with the supply/demand balance and the continued effects of COVID‑19 across the globe.
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ExxonMobil and Petronas discovered hydrocarbon-bearing zones in an exploration well on Block 52 offshore Suriname, adding to ExxonMobil’s finds in the Guyana-Suriname basin.