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The decision comes after the UK oil corporation’s new chief executive, Bernard Looney, set an ambitious target to shrink its carbon footprint to net zero by 2050. To achieve this it will have to cut more greenhouse gas emissions every year than the amount produced by the whole of the UK.

In general, this shift elevates the importance of public health and environmental considerations in the regulation of oil and natural gas production in the state. In turn, production in the state is likely—at least in the near and medium term—to face both longer odds and longer waits for permitting.

As part of the deal, Pertamina is moving all of its petrotechnical applications to the iEnergy cloud service, which is run by Halliburton arm Landmark.

Sumitomo Heavy Industries invested $46 million in Highview Power. SHI's subsidiary will also become the technology center and hub for Highview Power's CRYObattery business.

The Technology Outlook report from DNV GL identifies three technologies that have the potential to decarbonize carbon-dioxide-heavy industries significantly by 2030: new battery storage chemistries, high-temperature heat pumps, and green hydrogen.

Drilling waste management company TWMA appointed Halle Aslaksen as CEO. Aslaksen joins the company from the Norwegian hydropower operator Småkraft, where he served as CEO. He was previously CEO at TCO and president of ALTUS Intervention in Scandinavia. Aslaksen has more than 20 years of experience in the oil and gas industry and worked across various roles at Smith In…

OTC announces Distinguished Achievement Awards for 2020.

The SPE International Conference on Health, Safety, Environment, and Sustainability which was set for 17–19 March in Bogotá, Colombia, has been rescheduled for 28–30 July.

The first of three major unconventional developments in Saudi Arabia has been given the green light. The project will underpin the country's goal to become a top gas exporter by 2030.

The transaction is expected to close in March. The Liberty Pipeline runs 700 miles between Cushing, Oklahoma and Guernsey, Wyoming.

The term “edge computing” may be relatively new, but the concept is not.

Indonesia’s production of both oil and gas will most likely fall in 2020, a Rystad Energy analysis shows, despite the country’s official projections of a combined 8% growth year-on-year.