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The venture arm of the oil giant has put $5 million toward the parent company of Finite Carbon, a US-based company working on sustainable forest management to offset carbon emissions.

The Orca-1 and Marsouin-1 wells have derisked up to 50 Tcf of gas initially in place from the Cenomanian and Albian plays in the BirAllah area, more than sufficient to support a world-scale LNG project, partner Kosmos Energy said.

Colorado has released a long-awaited 380-page report on the health effects of oil and gas operations in the state. The science is complicated, though, as are the unfolding responses from state regulators and oil and gas companies.

Colorado officials declared they will toughen their oversight of oil and gas drilling and hydraulic fracturing sites following the release of a multiyear scientific study that found industry operations may expose residents to unhealthy levels of benzene and other chemicals.

Offshore facilities are typically powered from onsite gas turbines but efforts to become “carbon efficient” are pushing oil and gas companies toward an onshore alternative.

Despite a natural gas boom and health concerns over drilling from environmentalists, the state Department of Health has received just 160 complaints related to drilling over the last decade.

Wood Mackenzie energy transition experts take on some of the trickiest questions about how to meet the world’s future energy needs while managing climate change.

Texas continues to lead the nation in oil and gas production, but communities in the state’s main energy production areas have also seen a rise in deaths on the road accounting for close to half of all traffic fatalities in Texas, according to the state’s transportation department.

A slew of data science jargon is flooding the industry, and one impediment to the digital transformation is confusion over associated terminology. The Society of Petroleum Engineers is beginning to make a concerted effort to help demystify the buzzwords, and this article kick starts that effort.

GAO believes BOEM often undervalues its tracts offered to operators in offshore lease sales.