US startups are developing proprietary technologies based on hydraulic fracturing to drill wells and store renewable energy from solar and wind in underground pressurized water reservoirs. As the share of renewable energy in electricity generation in the U.S.’s largest oil state, Texas, grows, so does the need for energy storage to ensure clean energy is […]
Earlier this month, the Energy and Carbon Management Commission (ECMC), Colorado’s oil and gas regulator, released draft rules to approve or disapprove oil and gas projects. The draft rules fall far short of the ECMC’s mandate to regulate oil and gas development “in a manner that protects public health, safety, welfare, the environment and wildlife.” […]
The oil and gas data management market is expected to grow due to the increasing complexity of exploration and production activities, advances in digital technologies, and the need for real-time data access and analysis. PORTLAND, Oregon., 28 August 2024 /PRNewswire/ — Allied Market Research has published a report titled “Oil and Gas Data Management Market […]
(WO) – OPITO has introduced a new standard to ensure greater competence and safety around helipads, benefiting offshore workers worldwide who rely on safe transfers to energy facilities on the open sea. The new Helicopter Administrator Workplace Competency Assessment Standard is consistent with the best practices and requirements for helicopter administrators as set […]
(Bloomberg) — A subsidiary of Malaysian oil and gas giant Petroliam Nasional Bhd. (PETRONAS) has sued South Sudan for allegedly blocking a $1.25 billion sale of its assets and taking over the company instead. Earlier this month, state-owned Nile Petroleum Corp. took control of PETRONAS’ oil fields and assets – effectively taking ownership […]
In 2023, New Zealand’s natural gas production fell by 12.5%. Image credit: hyotographics/Shutterstock. The New Zealand government plans to pass a law to lift the ban on offshore oil and gas production by the end of the year, reported Reuters. This development comes against a backdrop of the country facing increasing energy shortages and rising […]
(Bloomberg) – Norway must allocate more land for oil and gas production and expand the country’s burgeoning renewable energy sector to protect domestic suppliers of parts and services, the head of the country’s second-largest oil and gas company said. Karl Johnny Hersvik (Photographer: Fredrik Bjerknes/Bloomberg) “We need as much land as possible for […]
OMV (Norge) AS, operator of PL 1194, completes drilling in the Norwegian Sea for the “Haydn/Monn” exploration areas. The well encountered gas with an estimated total recoverable volume of 30 to 140 million barrels of oil equivalent (boe). “By focusing on gas as a transition fuel, OMV is investing in affordable energy solutions and contributing […]
(Reuters) – Shell and PetroChina have agreed to expand the Surat Coal Seam Gas Project (SGP) in Queensland, the British oil and gas giant said on Monday, amid calls for more investment to bolster local energy supplies. The decision comes at a time when industry leaders are pushing for government action to restart investment that […]
Saskatchewan high school students interested in pursuing a career in the oil and gas industry will soon be able to get a head start. On Wednesday, the province announced that a course called “Oil and Gas 20” will be offered in the second semester of the 2024-25 school year. A course called “Oil and Gas […]
