Latest News

Altus brings well intervention technologies, including tractor and power mechanical application solutions.

With Russia’s invasion of Ukraine resulting in lower supplies to oil markets ahead of peak demand season, the International Energy Agency has released a plan that it says can cut global oil demand by 2.7 million BOPD, easing strains and price pain.

Today's high oil prices have not removed the memories of some top upstream executives about how swiftly boom-and-bust cycles can move, nor have they eroded their mission to lower carbon footprints.

Russia is looking like a riskier spot for big service companies to do business, but they are not rushing to get out.

The center will develop innovations for renewable-energy technology and the low-carbon future and will bring together and support research of faculty in the energy, materials science, data science, and artificial-intelligence fields.

The Norwegian platform was taken off line as a precaution after an undersea earthquake shook the area.

Research conducted by Rystad Energy indicates that spending on carbon capture and storage will quadruple in the next 3 years.

New lease agreements have secured more than 700 million metric tons of potential CO2 sequestration capacity.

Verlume and consortium partners are working to advance the development of a robotic fish designed for efficient offshore inspection.

This prestigious award is presented to OTC exhibitors who are revolutionizing the future of offshore energy through technological advancement and innovation. A total of 14 companies, including seven small businesses, were recognized this year for their breakthrough hardware and software technologies.

At the AAPG Executive Committee meeting on 14 February, several points of concern about the merger plan were expressed and these were subsequently shared with the Steering Committee for assessment. Upon receiving the committee’s responses, the AAPG Executive Committee met on 11 March and a vote to continue work on the merger and proceed to a member vote failed.

Data science plays an increasing role in the fight against climate change. As we use data science to develop innovative solutions to climate change, we should be careful not to replicate, or worsen, existing inequities—or create new ones.