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Russian oil major Lukoil expanded its Gulf of Mexico presence, acquiring a 50% operator interest in Mexico’s Area 4 offshore license area.

SwRI’s EZ Flow treatment process is intended to cut down on cost and energy intensity of heavy-crude pipeline transportation.

Petroleum engineering will be needed for decades to come to provide the required energy for the world and help alleviate the challenges of climate change. It will evolve into energy transition as it has been changing since its inception in modern history.

Chevron is having to drill a fifth production well at Israel’s Leviathan natural gas and gas-condensate field to keep production ahead of rising demand, driven by exports to Egypt’s growing LNG hub.

The Biden administration is poised to issue new cybersecurity regulations for pipelines and liquefied natural gas facilities in the aftermath of the April hack that temporarily paralyzed the nation’s biggest liquid fuel conduit.

A 2020 cyberattack resulted in the theft of 1 terabyte of information from the oil giant.

Thanks to a resilient natural gas market, the US led all other nations in hydrocarbon production in terms of total energy output.

The oil and gas industry can benefit from the operational insights that IT/OT convergence provides. Predictive maintenance, in particular, helps improve safety and control costs.

Nearly 150 workers have been evacuated or are due for evacuation from Shell's Shearwater project in the North Sea since a COVID-19 outbreak emerged at the end of June, the company said.

Although quantum computing, or quantum processing, has still not become a reality in the oil and gas industry, it will prove disruptive according to an executive of a Brazilian player.