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Environmental, social, and governance (ESG) refers to three central factors in measuring the sustainability and ethical impact of investments. At its core, ESG investment involves gauging a company’s long-term, rather than short-term, sustainability.
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Two firms have announced new partnerships to perform unmanned-aircraft-systems-based missions for oil and gas clients in the US and abroad.
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In a $60 to $70 oil environment, the subsea market is poised to grow around 7% annually up to 2025. But a significant portion of this activity is at risk if the price of Brent crude falls to $50 per barrel.
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Calgary-based Pembina Pipeline Corp. has entered into agreements to acquire Kinder Morgan Canada Ltd. and the US portion of the Cochin Pipeline system from Kinder Morgan for a total purchase price of approximately $4.35 billion.
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With oil and gas facing a talent gap in the wake of the Great Crew Change, the industry finds itself competing for young talent looking for innovative, purpose-driven work. How can energy foster the culture of innovation needed to attract the new workforce, and how does it sell that culture?
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Researchers from the Federal Reserve Bank of Dallas quantified the economic impact of the US shale revolution for the first half of this decade.
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The subsea operations company said its most recent campaign is the first fully unmanned offshore pipeline inspection completed “over the horizon,” surveying up to 100 km from the shore.
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The firms are now partners on multiple blocks in the North Argentina Basin.
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Australia’s BHP Billiton and the recently acquired Anadarko Petroleum submitted the largest dollar totals of high bids in US Gulf of Mexico Lease Sale 253.
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At times, it may seem that machine learning can be performed without a sound statistical background, but this does not take in to account many difficult nuances. Code written to make machine learning easier does not negate the need for an in-depth understanding of the problem.
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The upstream sector is witnessing comparatively more implementation of the industrial Internet of things compared with other sectors of the oil and gas industry. This is driven by the need to reduce risk and maximize returns through digitalization, according to data and analytics company GlobalData.
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After protesters disrupted construction of an oil pipeline in North Dakota by chaining themselves to construction equipment and pitching tents along the route, oil and chemical companies found a way to keep it from happening again. They made it a crime.
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