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Production from the offshore project now represents the equivalent of 7% of European oil consumption.

Grupo Carso is securing a significant interest in the field ahead of final investment decision.

Organizers are calling on early-stage innovators that can advance the energy space to compete for recognition and cash prizes at the upcoming SPE Annual Technology Conference and Exhibition (ATCE).

No one expected the transition to be without hiccups, and recently, those hiccups have been heard within and outside the oil and gas industry.

Oil and gas operators such as Shell and Oxy are now employing AI together with a vast network of sensors and other machine-learning software to stamp out problems before they happen.

Production from the Dover field is expected to start in late 2024 or early 2025.

Artificial intelligence (AI) tools have been used in geological survey methods for many years. Gaining insight into the scale and trends of this implementation could assist surveyors in making informed decisions about buying or developing new technologies.

The bill would direct Texas agencies not to enforce federal regulations on the oil industry if there’s not a similar state regulation. But it likely wouldn’t apply to most federal environmental rules, experts and lawmakers said.

The workplace has changed since 2020. Previous safety strategies are now obsolete. We must change our approach to meet the new realities of today. If we don't, anticipate broader organizational challenges in the days ahead.

University of Houston researchers develop oil recovery tools with ‘significantly higher accuracy’ than current methods.