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With their newly refined portfolios, operators are looking toward growth in the coming years but will remain cautious given ever-changing industry economics.
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Optimism is slowly returning to the Norwegian E&P sector and an upcoming seminar will address the most vital issues facing the industry.
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The Trump administration is considering easing offshore oil and gas safety regulations, including eliminating certain requirements for Arctic drilling , and cutting testing requirements for rules developed in response to BP's Deepwater Horizon disaster, an Interior Department document showed.
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Public perceptions matter. The industry needs to take a proactive and solution-centric position with respect to the Paris Agreement and join the battle for the clean and affordable kilowatts of energy the markets will increasingly favor.
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With the API and a multi-operator group passing separate programs aimed at reducing methane emissions, the discussions on what defines an acceptable level of regulation continues within the industry.
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ExxonMobil will lead the construction and operation of all future natural gas liquefaction and related facilities and assume midstream operations in Mozambique’s Area 4. Eni will continue to lead the Coral floating LNG project and all upstream operations.
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The US Energy Information Administration reports that increased liquefaction and utilization from new facilities has led to a jump in LNG exports in 2017.
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On 23 May 2017,the Ukrainian parliament adopted the Law of Ukraine "On Environment Impact Assessment." The newly adopted law requires mandatory assessment of effect on the environment of certain industrial objects and activities.
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Inventys is receiving $2.6 million from Natural Resources Canada through its Energy Innovation Program to support the development of a 30-tonne-per-day carbon-dioxide-capture pilot plant at Husky Energy’s Pikes Peak South Lloyd thermal project.
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Leaner business approaches have led to guarded optimism in the industry. While no bonanza is yet being trumpeted, the road to recovery appears to be smoothing out for the operators. But what about the oilfield services companies? How are they faring?
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Environmental Protection Agency Administrator Scott Pruitt said in his first testimony before Congress on 7 December that he plans to replace the Obama-era Clean Power Plan, instead of just killing it outright.
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Blackmer's S Series of twin and triple screw pumps are self-priming, double-ended positive displacement pumps whose design provides complete axial balancing of the rotating screws and whose timing technologies eliminate metal-to-metal contact with the pump. They are ATEX-certified for use in explosive or dangerous environments. The pumps are available in four distinct…
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