Latest News

The Biden administration wants green investment, jobs to stay stateside in emerging $23-trillion global market.

ConocoPhillips, Pioneer view Exxon, Chevron as prime movers to bring investment back into the play.

A new offshore service company has been created combining Baker Hughes’ subsea equipment operation and the drilling hardware made by MHWirth. The joint venture’s goal is to grow and go public.

The group of three companies says it is looking to provide solutions for a more alternative-energy-driven landscape.

A massive oil spill off the coast of Israel is being called the worst ecological disasters in the Mediterranean country’s history. The cause and full extent of the damage is still unknown.

Chevron Technology Ventures launched a new $300 million fund focused on technologies that have the potential to enable affordable, reliable, and ever-cleaner energy.

Start-and-stop data management initiatives and a mishmash of partial solutions are no longer viable for managing the digital oil field. Data management should be transformed from a cost center to a cash-flow-generating function.

Oil boss tells CERAWeek attendees a healthy oil industry will push green energy investment.

The US government is looking at the contractor’s books over possible sanctions violations.

Laboratory formation damage testing is often used to help select optimal drilling and completion fluids, but predicting the overall effect of formation damage on well performance requires further interpretation. Paper SPE 199268 presents a case for use of CFD to upscale laboratory data to quantify that effect.

Will the oil fields of today become the hydrogen fields of tomorrow? Calgary-based Proton Technologies says this is possible and hopes to prove it soon after inking multiple licensing deals with other oil and gas companies.

The drilling program is the first exploration well to be drilled in production license 785 S.