COVID-19

Among the top 50 oilfield service firms, downsizing is estimated to land at a headcount of 610,000, down from the 760,000 maintained after the 2016 downturn.

Working from home has become the new normal, but the oil and gas industry is looking at safety measures and innovations in preparation for bringing back its remote workforce.

The federal Occupational Safety and Health Administration has issued a COVID-19 control and prevention guidance for oil and gas industry workers and employers. The guidance supplements OSHA’s interim guidance for the general workforce.

The contraction of the shale sector and its operations such as drilling and completions due to COVID-19 and the drop in oil price has sifted down to the frac sand suppliers.

The drop in energy use caused by the coronavirus pandemic is not enough by itself to meet Paris climate ambitions, says DNV GL.

The two companies have teamed up to provide COVID-19 testing for oil and gas companies that want to test their employees at headquarters and remote rig locations across the country.

Two of the biggest assets to suffer from the new valuation are in Australia. Shell’s QGC venture and its floating liquified natural gas facility, Prelude, have been reduced in value by up to $9 billion.

The drop in US LNG exports comes amid a combination of weak demand, ample supply, additional capacity coming on line, and flexibility to cancel US cargoes.

World energy is at a “pivotal moment,” says BP CEO in annual statistical review, which reveals contrasts, challenges in energy consumption, production, and emissions.

New report offers guidelines for pressure pumpers of the future.