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With presidential elections looming and energy reforms at a critical juncture, the two Latin American energy powers awarded a bevy of blocks to a who’s who of international oil companies.

Royal Dutch Shell outlined a scenario in which, by 2070, we would be using far less of the company’s own product—oil—as cars become electric, a massive carbon storage industry develops, and transportation begins a shift toward a reliance on hydrogen as an energy carrier.

Even a robust adoption of electric vehicles in the next 2 decades would not eliminate the growth of either global oil consumption or carbon emissions, BP Chief Economist Spencer Dale said at the rollout of the company’s 2018 Energy Outlook.

The US supermajor continues to evolve its global strategy by pulling out of once-promising Russian partnerships and adding to its offshore Guyana oil drilling bounty.

The scheme by OPEC and non-OPEC producers to collectively curb oil production has brought stability to the global market—which, as a result, could soon be awash in “a second wave” of US shale output growth.

More gas is flowing from Egyptian waters and the Eastern Mediterranean with BP’s launch of its Atoll Phase One project.

This year started at full tilt in the HSE and sustainability discipline with the Human Factors Technical Section contributing significantly to a well-attended National Academies of Science workshop in Houston.

New studies detail the design and deployment of a biodegradable ocean drifter for large-scale sampling experiments.

Strong US production growth and rising oil prices no longer look incompatible. With a lot less oil in storage, the production is needed to meet growing demand and cover the cost of added output.

The third edition of the OTC Asia conference recognized several companies and individuals for technological achievements.

Offshore engineering and technology company Osbit won the Health Safety and Environmental Innovation Award at the 32nd SPE Aberdeen Offshore Achievement Awards for its commitment to health and safety through the design and manufacture of three intervention tension frames.

In a collaborative project, the possibility of measuring fluid levels in a wellbore by use of distributed optical pressure gauges was conceived, prototyped, field-trialed, and further developed to a point of widespread commercialization.