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A deal with the UK-based energy and chemicals company could fetch up to $3 billion for ConocoPhillips, which is transitioning out of the North Sea to focus on US shale operations.
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As demand for petroleum engineers begins to rise, supply is dropping fast. It may be a good market for job seekers but things could get tougher for those doing the hiring.
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InsightCM from National Instruments is application software for condition monitoring with full access to waveforms, multiple sensor technology inputs, and enterprise software connectivity. It allows maintenance professionals to diagnose potential faults from anywhere with a web-based interface for viewing asset health data and tools such as statistics, data viewers, a…
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Three scientists say groundwater pollution in Pavillion, Wyoming, is likely caused by gas seeping from inadequately lined gas wells, a porous geology, and the dumping over years of up to 880,000 gallons of chemical effluent into 40 unlined pits.
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Royal Dutch Shell Chief Executive Ben van Beurden said the oil industry’s own behavior in years past has eroded its relationship with society. He warned that tech companies could face similar fates and that “the alarm bells are ringing quite clearly.”
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TransCanada’s $8 billion Keystone XL pipeline may face another 8 months of delay after a court ruling raised issues with a 4-year-old environmental review.
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The response to the 2010 Deepwater Horizon oil spill was affected by heat. This paper evaluates the association between environmental heat exposure and self-reported heat-related symptoms in US Coast Guard Deepwater Horizon disaster responders.
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Offshore oil and gas drillers need to better protect against spills during disruptions such as hurricanes and power outages, the American Petroleum Institute recommended.
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Reports from DNV GL will look at how ocean industries and future opportunities in the Arctic are can be managed as part of a sustainable future.
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Halliburton promoted Lance Loeffler to CFO. Loeffler had previously been vice president of investor relations for the service company. He will now lead its financial functions, including financial planning and analysis, accounting and financial reporting, tax, internal assurance, treasury, corporate development, and investor relations. Loeffler joined Halliburton in 2…
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US crude oil production is expanding at an unprecedented rate, but much faster growth will be needed in the next few years to meet the world’s demand if global investment in conventional supply doesn’t pick up, an IEA report indicates.
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The deal would raise nearly $4 billion for GE, which plans to reduce its stake in the oilfield services company from 62.5% to at least 50.1% after the transactions. It had previously announced in June its intention to sell its stake over a 2- to 3-year period.
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