OGCI selects first three green investment projects
THE OIL AND GAS CLIMATE INITIATIVE (OGCI) has selected the first three low carbon projects to ben...
News - Oil & Gas
Functionalising waste methane in remote locations
A NOVEL electrochemical process to convert methane into methanol precursors could reduce the need...
Wood Group wins contract for offshore LNG platform
HONGHUA GROUP has awarded Wood Group the front end engineering and design (FEED) contract for its...
Glencore to spend US$1bn on Chevron South African assets
GLENCORE has announced that it will spend US$973m acquiring Chevron’s oil assets in South Africa ...
Filtering fracking water for reuse
A SUPERHYDROPHILIC filter has been shown to remove 90% of hydrocarbons, bacteria, and particulate...
UK offers £5m funding for North Sea exploration
NORTH Sea oil and gas exploration will receive £5m (US$6.7m) in funding from the UK government in...
BP and Bridas form JV for Argentinean assets
BP AND Bridas Corporation have formed a joint venture combining their interests in Pan America En...
Sarawak to set up own oil company
SARAWAK’S state government plans to set up its own oil exploration company, despite the national ...
Transocean to buy Songa Offshore
TRANSOCEAN announced today that it has agreed a deal to buy Norwegian offshore drilling competito...
UAE’s ADNOC to split offshore oil concession
STATE-owned Abu Dhabi National Oil Co (ADNOC) has said it plans to split a large offshore oil con...
Should maintenance KPIs be standardised?
PETROFAC is conducting a safety study that could recommend that the upstream oil and gas industry...
Shell prepared for continued low oil price
SHELL CEO Ben van Beurden says that the company is adopting a “lower forever” mindset as it seeks...
Nano-sand in EOR
MORE oil could be recovered from wells by injecting a mixture of ‘nano-sand’ and a surfactant, ac...
Floating cellulose gel cleans up oil spills
A NEW type of cellulose composite material which can turn spilled oil into a rigid floating gel t...
Exxonmobil sues US Treasury
EXXONMOBIL is suing the US Treasury in response to a US$2m fine, which was imposed yesterday for ...
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