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Royal Dutch Shell Chief Executive Ben van Beurden said the oil industry’s own behavior in years past has eroded its relationship with society. He warned that tech companies could face similar fates and that “the alarm bells are ringing quite clearly.” -
TransCanada’s $8 billion Keystone XL pipeline may face another 8 months of delay after a court ruling raised issues with a 4-year-old environmental review.
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Reports from DNV GL will look at how ocean industries and future opportunities in the Arctic are can be managed as part of a sustainable future.
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US crude oil production is expanding at an unprecedented rate, but much faster growth will be needed in the next few years to meet the world’s demand if global investment in conventional supply doesn’t pick up, an IEA report indicates.
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The deal would raise nearly $4 billion for GE, which plans to reduce its stake in the oilfield services company from 62.5% to at least 50.1% after the transactions. It had previously announced in June its intention to sell its stake over a 2- to 3-year period.
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On the basis of experience gathered from the Incahuasi field-development project in Bolivia, this article analyzes the challenges and benefits of implementing a socio-environmental monitoring program with local indigenous communities in a context of high social sensitivity.
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Halliburton promoted Lance Loeffler to CFO. Loeffler had previously been vice president of investor relations for the service company. He will now lead its financial functions, including financial planning and analysis, accounting and financial reporting, tax, internal assurance, treasury, corporate development, and investor relations. Loeffler joined Halliburton in 2…
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The French major will become operator of the Ruwais Diyab concession, and ADNOC says additional companies are lining up to partner on the emirate’s other unconventional areas.
