Latest News

Royal Dutch Shell is changing its tune on carbon, saying it will tie executive pay to shorter-term reductions in emissions.

The firm hopes to remedy the cost-, labor-, and time-intensive process of executing offshore projects through deployment of “Subsea Connect,” which it says can cut project development costs by 30%.

The Pluma-1 discovery could turn the southeast portion of Stabroek Block off Guyana "into a major new development area," the company says.

If the shale sector’s most complex problem can be solved, it will require companies to use their wells as a team. Newly detailed field work shows that a good defense is the key to success.

The Acorn Project will capture about 200,000 tonnes of carbon dioxide from the St. Fergus Gas Terminal and transport it for storage to one of three depleted gas fields using existing pipelines.

The Gulf Research Program of the National Academies of Sciences, Engineering, and Medicine has announced a new collaboration to support a pilot effort to convert an existing ocean mooring owned by Shell into the first long-term deep ocean observatory in the Gulf of Mexico.

Proved oil and gas reserves in the US have spiked to levels not seen before, the EIA reports, and one of the main drivers is the Permian’s Wolfcamp-Bone Spring Shale.

An influx of new investment and operational efficiencies borne out of the oil price downturn have led to a drop in projected decommissioning costs. Decommissioning multiple wells in one campaign helped some operators achieve time savings of 33% per well.

Allweiler GmbH’s OptiFix is a pump designed for wastewater treatment applications. It can be disassembled in five steps, eliminating the need to dismantle it from piping to change the rotor, stator, joints, or shaft seal. It has a leak-resistant ATLS-T1V sensor to detect dry-running conditions before they do damage, as well as a zero-play stub shaft connection and opt…

A dire government report on the far-reaching impact of climate change could increase pressure on the energy industry to curb greenhouse gas emissions and political leaders to act more decisively to reduce the use of fossil fuels, analysts said.

The greater connectivity of the digital age and the Internet of Things has resulted in increased efficiency through big data, analytics, sensors, and the ability to automate highly sensitive tasks. However, it has also opened the doors to cyberattacks.

Taranaki farmers say they will be collateral damage if a recommendation that safety exclusion zones be enforced around oil and gas installations is taken up.