Latest News

Houston-based Occidental had earmarked the money to ease debt from buying Anadarko.

The Alberta Energy Regulator has suspended a wide array of environmental monitoring requirements for oilsands companies over public health concerns raised by the COVID-19 pandemic.

Flotek Industries announced that it has acquired 100% ownership of JP3 Measurement, a privately held data and analytics technology company, diversifying the company’s business across all segments of the hydrocarbon industry.

Tracking down fugitive emissions has traditionally relied on small-scale detection efforts. This new project seeks to buck the trend by covering the Permian Basin with sensors.

The number of temporarily abandoned oil and gas wells is up 37% from last year, but Colorado regulators say they still have the time—and money—to inspect them.

Neptune must pay Energean a break-up fee of $5 million for cancelling what was to be a $250 million deal.

The recent increase in global liquid fuel inventory has been largely driven by travel restrictions, and reduced economic activity. Supply is expected come back down as demand and prices recover.

For as long as anyone can remember, the liquid carry-over separation efficiency of 0.1 gal/MMscf has been ubiquitously specified in separator design. This article provides the most likely scenario of its evolution.  

GlassPoint Solar was founded in 2008 to replace the use of natural gas for steamflooding heavy-oil reservoirs. But amid low energy prices, its chief investor has decided to pull the plug for good.

Middle East could lose 15% of ethane-based ethylene supply in 2020 because of oil supply dynamics.

An investment decision this year would sanction Norway’s first CO2 storage project. Phase 1 is expected to be operational in 2024.

The silver lining for those overseeing the unprecedented shut ins of tight-oil wells is the potential to acquire a wealth of reservoir data. But first, petroleum engineers need to monitor these wells and use the right analysis toolbox.