Latest News

Forced to tighten their belts financially by the coronavirus pandemic, businesses are increasingly using software that automates back-office tasks. The idea, of course, is for companies to save money by reducing the number of workers they need to handle clerical work.

The Oil and Gas Technology Centre’s first virtual hackathon—Code[Less]—will take place 21–24 September, with 75 participants teaming up to solve challenges, without using coding, to raise awareness of the demand for automation and innovation in the energy sector.

The world’s largest oil company saw profits fall by nearly three quarters during the previous quarter but it still weathered the storm better than international majors.

It's not just semantics. Companies that fail to understand the differences between data privacy and data security put their brands and bottom lines in jeopardy.

Working from home has become the new normal, but the oil and gas industry is looking at safety measures and innovations in preparation for bringing back its remote workforce.

International Environmental Standards, the new company created by the merger of Project Canary and Independent Energy Standards, will combine continuous emissions-monitoring technology with TrustWell certification to create a provider of independent environmental, social, and governance performance.

Dugong could become a new North Sea production hub says offshore explorer Neptune Energy upon its latest discovery.

The Gulf of Mexico E&P exited its first bankruptcy quickly with a strategy that included the acquisition of Noble Energy’s GOM assets, which increased its production volumes 25% when the WTI approached $80/bbl. Fieldwood’s financial woes in today’s economics may be tougher to overcome.

The LNG A-Box containment system is designed for LNG carriers to serve smaller terminals, where larger ships are not feasible.

Nearly 90% of geothermal capacity built since 2000 is binary cycle.

The fully remote inspection was conducted with an ROV to increase worker safety and security and reduce environmental exposure on an offshore platform.

ExxonMobil is reluctant to join other big oil companies writing down the value of their reserves. It could chop its reserves by 20%, but it has not made a final decision.