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Royal Dutch Shell outlined a scenario in which, by 2070, we would be using far less of the company’s own product—oil—as cars become electric, a massive carbon storage industry develops, and transportation begins a shift toward a reliance on hydrogen as an energy carrier.

More gas is flowing from Egyptian waters and the Eastern Mediterranean with BP’s launch of its Atoll Phase One project.

Even a robust adoption of electric vehicles in the next 2 decades would not eliminate the growth of either global oil consumption or carbon emissions, BP Chief Economist Spencer Dale said at the rollout of the company’s 2018 Energy Outlook.

The US supermajor continues to evolve its global strategy by pulling out of once-promising Russian partnerships and adding to its offshore Guyana oil drilling bounty.

Mukul Sharma, SPE, professor in the Hildebrand Department of Petroleum and Geosystems Engineering at the University of Texas at Austin (UT Austin) was elected to the National Academy of Engineering for 2018. He is recognized for his contributions to the science and technology of production from unconventional hydrocarbon reservoirs. Sharma has been on the UT Austin fa…

Although the oil and gas industry can be full of surprises, its executives tend to rally around a consensus point of view on where the market and industry are headed.

As the SPE 2018 President, I set a goal to revisit the SPE strategic plan, which was last updated in 2013.

Falling costs and breakeven prices, increased operational efficiencies, and favorable government policy are at the heart of a potential short-term boon in Gulf of Mexico production.

Colorado’s industry lacks the size, variety, and Wild West characteristics of Texas, but that is precisely why the Centennial State’s oil production is surging to record levels.

A small group of engineers are turning a geeky focus on how to better control the flow of fluids through the holes shot in the casing to increase the number of spots stimulated, and ultimately production.