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Texas regulators rejected a rare challenge to gas flaring in the state after an oil company argued that a flaring ban would force it to shut in wells, damaging the reservoir and reducing future oil production.
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Times are still financially tough for many shale operators: Sanchez Energy and Halcón Resources become the latest to file for Chapter 11 protection.
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The discovery marks London-based Tullow’s first operated contribution to a long list of discoveries since 2015 in the emerging petroleum province.
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At nearly 3,000 tonnes, the company said its lift of an FPSO module was one of the heaviest land-based crane lifts ever performed. ALE was contracted to lift six modules for Total’s FPSO module integration project in Nigeria.
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Exports capacity has been rising for a decade and is on track to become the world leader within a year.
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The E&P sector has maintained a strong focus on capital discipline during its recovery from the 2014 oil price downturn, as investors look for companies to generate free cash flow to help pay down debt. How will this focus affect sector growth in the near term?
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Nicknamed “warshipping,” the hacking technique allows remote infiltration of corporate networks by hiding a remote-controlled scanning device designed to penetrate a wireless network inside a package.
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The Health and Safety Executive (HSE), the UK's workplace health and safety regulator, has announced the appointment of Sarah Albon as its chief executive. Albon comes to the position from the Insolvency Service, which she joined in February 2015. Her previous roles in the UK government include director of strategy and change at Her Majesty's Courts and Tribunal Servi…
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Sarah McGavin has rejoined Deloitte as an audit director after a four-year stint with Hungarian oil and gas company MOL. McGavin was a senior audit manager with the firm during her previous career there, having initially joined as a trainee. She served as accounting and reporting manager at MOL.
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Share prices have plunged for seemingly every major US shale producer, with Concho, Pioneer, and Continental among those receiving the worst of the market’s fury. Have investors completely lost faith in the industry? And are shale executives any more optimistic?
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The country’s largest producer of oil and gas is leading the charge to create a domestic shale boom.
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The Health and Safety Executive, a UK safety authority, has served BP with an improvement notice regarding its training for lifeboat evacuation on the Glen Lyon floating production vessel, west of Shetland.
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