Industry News

This is news related to the energy sector.  Clicking on stories below will take you to the publisher's website.


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The Trump administration is moving forward on oil and gas drilling in Alaska's Arctic National Wildlife Refuge, fulfilling a longtime Republican priority that most Democrats fiercely oppose.

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Wood, Cisco and Roue Consultores have participated in the opening of a new, first of its kind, Oil and Gas Advanced Technology Centre located in Wood’s operations centre in Naucalpan, Estado de Mexico.

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President Donald Trump says oil-producing cartel OPEC "is at it again," and that efforts to maintain high prices "will not be accepted!"

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The Trump administration is moving toward oil and gas drilling in Alaska's Arctic National Wildlife Refuge. A notice being published Friday in the Federal Register starts a 60-day review to sell oil and gas leases in the remote region.

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Acoustic Data, a global leader in wireless well technology, announced today that it has closed an US$8m investment from Energy Growth Momentum (EGM), a London-based growth capital investor within the energy sector. 

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An Arizona indictment accuses a 40-year-old man of fraud and theft in an alleged $4.75 million oil investment scam.

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Chevron Corp. said Tuesday that two of its Venezuela-based employees were arrested by local authorities, in what appeared to be the first such detentions of a private oil company's workers amid a growing anti-corruption purge.

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North Dakota regulators on Tuesday relaxed some rules and offered incentives they hope will further limit natural gas that's being burned off at well sites and wasted as a byproduct of crude production.

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Eni CEO Claudio Descalzi says that the oil giant will invest 7 billion euros ($8.6 billion) in activities in its home country of Italy over the next four years.

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ConocoPhillips say its 2018 winter exploration and appraisal program on Alaska's western North Slope produced promising results.

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Oil Plus Ltd, a specialist global oil and gas consultancy has secured contracts worth more than $1.5m over the past three months and has significantly expanded its footprint in the Middle East.

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Airswift, the global workforce solutions provider for the energy, process and infrastructure sectors, today announces the development of a new model that is set to fundamentally change the relationship between oilfield service companies and operators.

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The launch of an ambitious exploration and development program in the Berkine basin will be particularly important in regards to the signed agreements. It will lead to the production of new gas reserves through the use and optimization of existing infrastructures.

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First there was big data and now Blockchain is being hailed as the next transformative technology. It took the oil price crash for the oil and gas industry to embrace digital change and that decision will have huge ramifications.

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Massachusetts' highest court has ruled that Exxon Mobil must hand over documents related to a state investigation into whether the company misled the public about the impact of fossil fuels on climate change.

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BP and Petrobras currently partner in 16 exploration blocks in Brazil and are both members of the Oil & Gas Climate Initiative, a voluntary, CEO-led initiative which aims to lead the oil and gas industry response to climate change.

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A California oil company with a long history of safety violations and regulatory lapses was hit with a record $12.5 million fine by state regulators Wednesday for nearly 1,500 violations in the past year at an oil field in Orange County.

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An oil and gas company has reactivated more than 1,350 wells in northern Colorado that were shut down last year after a fatal house explosion blamed on a severed pipeline.

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The relationship between operators and suppliers in the oil and gas industry has always been complex. One of the remarkable things about the oil industry is how efficient operators have become.

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Signaling its commitment to a clean energy future, New Zealand's government announced Thursday it won't issue any more permits for offshore oil and gas exploration.