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Despite a decline in oil and gas production and a decrease in revenue from 2015, an Ernst & Young’s study had a cautiously optimistic outlook as the industry adjusts to what it called “the new normal” of a lower, but stable, oil price.

Inhalation of crystalline silica dust is second only to asbestos as a hazard to construction workers. This video discusses important things to know.

Oil and Gas UK and Step Change in Safety announced the Offshore Safety Award winners on August 23.

Colorado Gov. John Hickenlooper has announced a 7-part plan to improve safety, with plugging of orphan wells at the top of the list.

An appeals court on 22 August rejected the federal government’s approval of a natural gas pipeline project in the southeastern US, citing concerns about its effect on climate change.

The Russian ice-breaking LNG carrier Christophe de Margerie completed its first commercial voyage, transporting LNG from Norway to South Korea via the Northern Sea route (NSR). The vessel set a new time record for crossing the NSR of 6.5 days. It became the world's first mechant vessel to travel the full length of the NSR without an ice-breaker escort vessel, accordin…

PipeFractionalFlow, a spinoff startup from the University of Texas at Austin, uses new theories and equations to make modeling complex multiphase flow more affordable. A model recently developed offers operators an “independent and unbiased” way to validate the system and select candidate wells.

The average project loses 22% expected net present value at authorization, and only 60% of projects meet all their business objectives once they are completed. Executives can do a lot to increase capital project effectiveness by being committed to the stage-gate process.

Acteon Group is buying Actuant’s Viking SeaTech business at a steeply discounted price of $12 million compared to the $225 million that Actuant paid in 2013 to acquire the company, and Actuant is buying Acteon’s Mirage for $16 million.

BHP Billiton plans to divest its US onshore assets. The company will continue to complete well trials, acreage swaps, and look into midstream solutions to increase the value, profitability, and marketability of the assets.