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BSEE said details of the policy change will come later this year.

The software solution aims to improve operational efficiency and production from subsurface to processing facilities in four offshore fields.

Oxy Low Carbon Ventures and Rusheen Capital Management have formed a development company to finance the world’s largest carbon-dioxide-capturing facility using Carbon Engineering’s direct air capture technology.

The area has a potential for up to 11.8 million bbl of recoverable oil reserves. The program aims to keep oil flowing in the Trans-Alaska Pipeline System, which has seen dwindling throughput since 1988.

Valaris, formed in 2018 after the merger of Houston-based Rowan Cos. and London's Ensco, faces fallout from the oil-price drop, canceled or delayed drilling programs, and contract and day rate modifications.

The International Association of Oil and Gas Producers has released three new reports in its series of land transportation recommended practices.

Companies are looking to plan smaller LNG plants, which may be COVID-proof, but the industry still faces a 100-mtpa shortfall in the mid-2020s.

The Alberta government has announced a new liability management framework aimed at expediting the cleanup of orphan and inactive well sites, signaling a more active approach to reclamation and management of those sites.

Operators celebrate first major deepwater project sanctioned since the early-2020 oil crash.

Based on the early results from mass shut-ins of shale wells, it did not harm long-term production and it paid a short-term dividend with more oil flowing in the days after restarting.

The company deferred three of four pipelines as it continues to push toward final investment decision.

To navigate the new business environment, the P&F community must advance promising concepts through the feasibility, design optimization, and/or pilot testing phase into the detailed design, execution, commercialization, and optimization phases.