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Petronas cancels plans for the development of the Pacific Northwest LNG project in British Columbia intended to take away natural gas from the Montney formation for shipping to Asian countries. Low LNG prices strike a blow to the feasibility of the project.
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Peter Hays, a partner in mergers and acquisitions (M&A) at law firm King & Spalding, says that stabilization in the oil market has helped the industry M&A business to recover.
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Ben Van Beurden, CEO of Royal Dutch Shell, said in his 2Q presentation that the Prelude FLNG is one of three projects under construction that, along with nine others recently brought on line, will deliver USD 10 billion in cash flow by 2018.
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The effectiveness of delivering information about a new energy project to community stakeholders varies based on the method used; how a message is framed can affect individual opinions.
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In a plenary session at the Unconventional Resources Technology Conference, executives in charge of unconventional operations for international oil companies talked about how they have slashed their cost per barrel.
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The newly formed independent producer will operate assets in UK, the Netherlands, Norway, and Denmark.
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Up to 30% of oil passing through Niger Delta pipelines is stolen. Protecting thousands of miles of pipeline is challenging. Cleaning up the resulting pollution will take decades.
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North Carolina Gov. Roy Cooper said on 20 July that his administration will oppose the Trump administration’s efforts to open Atlantic Ocean waters to offshore oil and gas drilling.
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Your chopped-off locks could help clean up oil spills in oceans, according to scientists who suggest that human hair waste from salons may be a valuable asset to remediate maritime disasters.
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IPIECA has partnered with the United Nations Development Programme (UNDP) and the International Finance Corporation to develop a shared understanding of the implications of the UN SDGs for the oil and gas industry and how the industry can most effectively contribute.
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Independent Project Analysis (IPA) partnered with the sustainability department of a major integrated oil company to study the effect of core sustainability practices on capital project outcomes.
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The White House’s Office of Management and Budget detailed when and how agencies plan to repeal numerous Obama administration rules regarding air and water pollution, fossil fuel extraction, and more.
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