Industry News

Ag firm establishes oil produced water tech in Wyoming oil fields
Agricultural company Encore Green Environmental announces its latest project to process oilfield by-product water for land application to foster agriculture and conservation using its trademarked Conservation By-Design
A New Wave Of LNG Is Set To Hit The Markets
The increased transition to natural gas in heating and electricity generation around the world will continue to drive liquefied natural gas (LNG) demand growth for years to come, analysts say. The first wave of LNG ...
BAE's autonomous patrol boat packs 12.7-mm heat and offers 10-day mission range
Targeted at anti-piracy, border control, intelligence gathering and maritime security missions, the Pacific 950 is an autonomous boat that can operate alone for up to 10 days, or cover 300 nautical miles (556 km) at...
New rules to take effect at Oklahoma Corporation Commission
New rules adopted by the Oklahoma Corporation Commission take effect immediately, They apply to Transportation and Petroleum Storage Tank rules and go into effect on Aug. 1
Permian Needs $9 Billion Worth of New Wells—But Not for Crude
As much as $9 billion will be needed over the next decade just to throw away dirty water in the world’s busiest shale field, according to Raymond James & Associates Inc. The scale of the challenge is mind-boggling.....
Multi-well sites turn out to be big producers in STACK
Four wells with production of nearly 3,400 barrels of oil a day off a single pad were reported by Newfield Exploration Mid-Con. Inc. The Ronnie 1610 wells were drilled in Blaine County at 34 16N 10W at a site........
Teck’s $20BN oil sands project gets thumbs up from review panel
A $20 billion northern Alberta oil sands project proposed by Vancouver’s Teck Resources Ltd. has been deemed to be in the public interest by a joint review panel. The panel found Teck’s massive 260,000 barrel-per-day oil
NEB announces next steps for the Trans Mountain Expansion Project
The NEB has decided how regulatory processes for the Trans Mountain Expansion Project will continue, including detailed route and condition compliance processes. NEB decisions and orders issued prior to the Federal Court
New Technology For H2S Removal In Crude Oil
Q2 Technologies, the developer of triazine based Scavengers, has now brought to market an innovative H2S Scavenger for crude oil applications. Refineries, production streams and crude oil terminals can eliminate fouling
5 B corps companies using business to save our oceans
In June 2018, a pilot whale was found suffering in a Thai canal and, after failed rescue attempts, died because of the 80 plastic bags found in its stomach. Fast forward to April 1, when a pregnant sperm whale was found
Video Inspection Equipment market outlook to 2027 witnessing high growth illuminated by new report
The Insight partners has announced the addition of the Video Inspection Equipment Market 2027 by Types, Application, Technology, Opportunities, End Users and Regions report to their offering....
Panhandle gas wells ‘recompleted’ 75 years later
Six natural gas wells that were drilled during World War Two in the Oklahoma Panhandle were recently recompleted by Scout Energy Management, LLC. The Dallas, Texas based private investment firm performed hydraulic....
Warren Buffett's one-sentence advice for investors
Warren Buffett has some very simple advice for investors. “All you have to do is just buy a cross-section of America and then never listen to people like me or read the papers or do anything subsequently,” he said in an
Permian oil and gas companies look to mitigate water waste from fracking
Southeast New Mexico’s oil boom was credited by many to increased use of hydraulic fracturing – or fracking – and horizontal drilling allowing producers more breadth to go deep underground to access previously.......
A Curious New Alignment for Gas and Coal in Asia
In early April, a Japanese gas distribution company and an international oil company signed a liquefied natural gas supply contract. There’s nothing special, in energy terms, about this contract. There’s something......
It's hard to know how much oil we have left, but this is our best guess
The pockets of oil trapped between Earth’s strata are finite, at least on a human time scale. It takes millennia of immense pressure and heat to transform ancient remains into fossil fuels. Economists and geologists...
Ocean Wind and Waves Have Grown Stronger Over the Last Three Decades
Over the last three decades, the seas became stormier and the roughest waves got bigger, according to a new study in the journal Science.To get a handle on the oceans, researchers gathered 4 billion observations of wind
Hess posts surprise profit on higher Bakken, Gulf of Mexico output
Hess Corp reported a surprise profit on Thursday, supported by higher production at the U.S. oil and gas producer’s oilfields in the Bakken shale and Gulf of Mexico regions. The company said production from Bakken rose
Government of Canada invests in world-leading clean technology innovation
Minister of Innovation, announced an investment of $2.89 million in Rotoliptic Technologies Incorporated, has the potential to lower both the energy consumption and the cost of ownership by approximately 40%......
Qatar Petroleum tenders for 60-100 new LNG carriers
Qatar Petroleum issued an invitation to tender for construction of the LNG carrier fleet for its North Field Expansion (NFE) project. The invitation foresees initial delivery of 60 LNG carriers, with the potential.......