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Shell says it’ll stay in Canada while other oil majors flee

Shell says it’ll stay in Canada while other oil majors flee

Royal Dutch Shell is reassuring investors, workers, and anyone else who will listen that it’s the international oil major. Consortium announces oil and gas production start at P-68 FPSO located at BM-S-11-A concession in Berbigão, Sururu. Royal Dutch Shell plc announces the commencement of trading in the next tranche of its share buyback programme. Shell’s...

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EPA and FERC chiefs brief independent producers on administration achievements, policies

EPA and FERC chiefs brief independent producers on administration achievements, policies

Late last week on Day 2 of its annual meeting and 90th anniversary with Independent Petroleum Association. The Federal Energy Regulatory Commission has issued an order cancelling the preliminary permit. America (IPAA) heard from the respective heads of the EPA and FERC on how Trump administration policies are benefitting. The Federal Energy Regulatory Commission (FERC)...

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Emerson launches IIoT-enabled Connected Services to support multiphase flow meters in unconventional shale

Emerson launches IIoT-enabled Connected Services to support multiphase flow meters in unconventional shale

Oil and gas producers have a new means of optimizing wellhead production that lowers operating costs. Emerson’s new ASCO Series 273 Pneumatic Pinch Valve features an innovative design for improved tube retention. ASCO valves simplify identification and replacement of existing valves with lead-free brass models. Company thanks to a newly launched service from Emerson that...

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Shell buys offshore wind developer in renewable power expansion bid

Shell buys offshore wind developer in renewable power expansion bid

Shell has agreed to buy French offshore wind developer Eolfi SA. Company announces the commencement of trading in the next tranche of its share buyback programme. Company introduces the publication of a quarterly update, starting with the third quarter 2019. Completion follows receipt of all necessary regulatory consents. It continuing its expansion into renewable power....

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Chevron Technology Ventures backs Calgary-based pipeline inspection innovator

Chevron Technology Ventures backs Calgary-based pipeline inspection innovator

A Calgary-based technology company whose Pipers technology is dedicated to the pipeline inspection industry. Company established new goals to reduce net greenhouse gas (GHG) emission intensity. Chevron and Microsoft announced the industry’s first three-party collaboration. Company announced it raised growth capital from Energy Innovation Capital and Chevron Technology Ventures. Company announced the sanction of a...

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Exxon, Chevron begin pushing back against Warren’s fracing ban

Exxon, Chevron begin pushing back against Warren’s fracing ban

America’s two biggest oil companies are starting to push back against the fracing ban touted by the leading candidates. Capital & exploratory (C&E) expenditures of $19 to 22 billion from 2021 to 2023. Chevron U.S.A. Inc announced the launch of its 2018 Fuel program making up to $6 million. It may become one of the...

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DNV GL issues efficiency-minded recommended practices for subsea pumping systems

DNV GL issues efficiency-minded recommended practices for subsea pumping systems

A new DNV GL recommended practice has unlocked new opportunities for the oil and gas sector to deliver more cost-efficient. 43% of respondents put digitalization as a core part of their business strategy. Technical expertise helps fast-track Taiwan’s implementation of new offshore wind farms. It environmentally friendly subsea processing for improved hydrocarbons recovery. Singapore’s Maritime...

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Exxon’s former CEO says climate change ‘with us forever more’

Exxon’s former CEO says climate change ‘with us forever more’

Current or former leader of one of the world’s largest energy producers to testify under oath about climate change. It’s Continues status as a founding member for an additional five years. United Way of Beaumont and North Jefferson County to receive $200,000. That’s why a New York courtroom was packed on last Wednesday to see...

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Keystone pipeline shut after North Dakota spill

Keystone pipeline shut after North Dakota spill

The Keystone crude pipeline was shut on last Wednesday after leaking thousands of barrels of crude in North Dakota. The order by Donald Trump does not guarantee TransCanada will actually get Keystone XL built. The company expects to eventually rally enough commercial support. The third spill along the pipeline’s route in less than three years....

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Norwegian oil crews stigmatized in the “climate change” era

Norwegian oil crews stigmatized in the “climate change” era

Ole Lie, a drilling supervisor who’s worked for Norway’s oil giant Equinor ASA since the 1990s. The Norwegian offshore survey company EMGS has signed an $8 million multi-client contract. The feeling unloved as many are starting to turn their backs on an industry. Norwegian oil and gas giant Equinor slipped to a net loss in...