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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.

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.

The world is digitalizing all around us. Within the energy sector, the lower-price environment since 2014 has increased the pace of change and the scope of digital integration. But, are you bringing your people strategy along?

The Society of Petroleum Engineers has released the technical report “Getting to Zero and Beyond: The Path Forward.” The report consolidates lessons and visions of safety from hundreds of leaders in the oil and gas industry and presents recommendations for companies and the industry as a whole.

Woodside has joined BP, Eni, ExxonMobil, Gazprom, Repsol, Shell, Statoil, Total ,and Wintershall in signing the guiding principles that commit it to further reduce methane emissions from the natural gas assets it operates.

In drilling, more often than not, automation and optimization are independently addressed. Artificial intelligence can be the bridge between the two.