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In the last decade, a series of tort claims have been brought in the US against oil, gas, and coal producers; power companies; and car manufacturers seeking compensation for loss and damage said to be the result of climate change caused by greenhouse-gas emissions. To date, none has succeeded.

Already poised to produce more than 500,000 B/D offshore Guyana, ExxonMobil added yet another discovery to its bounty in the emerging regional oil powerhouse, meaning a fourth development phase could be in order.

Each year, SPE selects professionals, nominated by their peers, to share their knowledge and expertise with SPE members through visits to local sections.

Cheniere Energy requested issuance of the feedstock permit from FERC by 29 June. The FID for Train 3, estimated at approximately $3 billion, was announced last month. Bechtel got the green light to proceed with EPC work, subcontracting with BHGE for the gas turbines to drive compressors.

Permian oil output is growing fast, pipeline capacity is full with little relief in sight, truck drivers are in short supply, and the value of basin-produced crude is sinking. Is a drop off in activity—including drilling and production—becoming inevitable?

In Australia’s Surat Basin, gas is contained in hundreds of coal seams, which have highly variable properties and are grouped into four distinct reservoir zones of similar qualities.

Lower oil prices, lack of experienced personnel, and uncertainty about long-term global oil and gas demand are driving petroleum companies to seek new ways to improve operational capability and lower costs.

Russian President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman met in mid-June on the sidelines of a World Cup game in Moscow to discuss oil prices and diplomacy ahead of the recent OPEC meeting.

It may not seem intuitive, but engineers need to understand financial matters, and that’s where SPE comes in, with connection opportunities to places other than your technical discipline.

Equinor has grabbed seven new licenses in the Barents and Norwegian Seas, the latest in a flurry of offshore activity in which the firm has added acreage off the UK and Brazil, gained approval for a big Arctic project, and awarded billions of dollars in service contracts.