R&D/innovation
The London-based supermajor is stepping back from startup investing as it seeks to focus capital on its oil and gas business.
The events will be co-located 3–5 May 2027 at Reliant Park in Houston, Texas.
With the latest addition, the Italian major’s computational capacity passes the exaflop threshold, making the firm the world’s leading company by computing power in the new TOP500 global ranking.
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Technology startups are breathing new life into an old industry with advanced software and emerging chemistry solutions. Learn about some of the names earning the most attention from the industry's venture capital groups. -
Technology is an enabler. But why do some technologies get deployed while other seemingly superior technologies struggle to get traction?
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Occidental drillers and engineers figured out that it is faster and cheaper to reduce the weight on bit (WOB) than speeding ahead, which increased the risk of a breakdown and time lost for repairs.
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Digital technologies serve as a primary theme of this year’s group, with a few environmentally conscious firms included in the mix.
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Using maglev technology, a new artificial lift system seeks to boost production output by sucking down reservoir pressure from inside the wellbore and from inside the reservoir.
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Do women in academia face the same challenges as their peers in industry?
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The projects are designed to reduce technical risks in enhanced oil recovery and expand application of EOR methods in conventional and unconventional reservoirs.
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Twelve organizations—universities and private technology companies—will conduct research and development on emerging shale plays and technologies covering everything from digital pressure-sensing to smart microchip proppant.
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Malaysia’s Petronas, Shell Malaysia, and Thailand’s PTTEP are now in the midst of full-scale digital adoption. The companies are beginning to see results, but none is counting on a “big bang” in development of the technology soon.
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ExxonMobil has committed $100 million over 10 years to work with the National Renewable Energy Laboratory and the National Energy Technology Laboratory to bring lower-emissions technology to commercial scale.
