The U.S. Chemical Safety Board (CSB) has released an animation detailing the events leading up to the October 26, 2019, hydrogen sulfide release at the Aghorn Operating waterflood station in Odessa, Texas.

30-minute interview on the evolution of reliability and its role within the energy and process industries with Ryan Sitton, Texas Railroad Commissioner.

U.S. crude oil exports in 2024 surpassed the previous record set in 2023, exceeding an annual average of 4.1 million barrels-per-day. Europe and the Asia and Oceania region remained the top regional destinations for U.S. crude oil exports.

Shell Eastern Trading Pte. Ltd., a subsidiary of Shell plc, has completed the previously announced acquisition of 100% of the shares in Pavilion Energy Pte. Ltd.

EPA Administrator Lee Zeldin recently announced the agency will undertake 31 historic actions in the greatest and most consequential day of deregulation in U.S. history.

The CSB has released Volume 2 of its Incident Reports covering 25 serious chemical incidents in 14 states that resulted in 7 fatalities, 23 serious injuries, and approximately $1 billion in property damage.

Honeywell has agreed to acquire Sundyne, a leader in the design, manufacturing and aftermarket support of highly-engineered pumps and gas compressors used in process industries, for $2.16 billion.

Our proprietary furnace tube inspection system, FTIS is an ultrasonic inspection technology capable of rapid, automated fired heater coil inspection in refinery fired heaters. The data captured by our furnace tube inspection system is...

In 2026, the U.S. Energy Information Administration (EIA) forecasts that inventories of the three largest transportation fuels in the United States—motor gasoline, distillate fuel oil, and jet fuel—will fall to their lowest levels since 2000.

U.S. crude oil and natural gas output hit 13.491 million bpd in December, topping the prior all-time high of 13.436 million bpd set in October.

Western Midstream to build a new 42-mile pipeline and expand its existing produced-water gathering and disposal system in the Delaware Basin.

Shell expects global demand for liquefied natural gas (LNG) to rise by around 60% by 2040, largely driven by economic growth in Asia, emissions reductions in heavy industry and transport, as well as the impact of artificial intelligence.

BP strategy shift? The company plans to scrap a target to increase renewable generation 20-fold by 2030 and return the focus to fossil fuels, according to two sources close to the matter.

Equity Engineering Practices® (EEPs) are a collection of design and maintenance focused corporate standards that include >850 engineering standards, and >300 piping classes. Enhance your mechanical integrity programs, improve equipment...

The U.S. DOT’s Maritime Administration recently announced the issuance of the Texas Gulflink Record of Decision to Sentinel Midstream, which will own, construct, and operate a deepwater port for the export of domestically produced crude oil.

Diamondback Energy has announced a $4.08 billion acquisition of Double Eagle IV, securing 40,000 highly coveted acres in the core of the Midland Basin.

Chevron has announced plans to reduce its global workforce by 15% to 20%—potentially affecting up to 9,000 employees—by the end of 2026 as part of a cost-cutting and business simplification strategy.

Companies developing liquefied natural gas projects in Texas and Louisiana said they will move full speed ahead with their plans after U.S. President Donald Trump lifted the previous administration's freeze on LNG export permits.

President Trump issues "Unleashing American Energy" executive order to reduce regulatory burdens on domestic energy production, expedite energy projects, and strengthen America's position as a global energy leader.

In today's chemical and refining industries, sustained long term reliability of facilities is critical to profitability and competitiveness. In fact, history shows that differences in operating expenses between best-in-class refineries, and poor...

The CSB has launched a new initiative to share summaries of the serious chemical incidents that have been reported to the CSB since the agency’s Accidental Release Reporting Rule (ARRR) went into effect in March 2020.

The Alaska state's Alaska Gasline Development Corporation (AGDC) entered into an exclusive agreement with developer Glenfarne to advance the Alaska LNG project.

API’s Mike Sommers has released a statement opposing the Biden administration’s planned move to ban new oil and natural gas activity across millions of acres of federal waters.

Crude oil production in the U.S. Lower 48 states, which excludes Alaska and offshore production, reached a record 11.3 million barrels per day (b/d) in November 2024, according to the U.S. Energy Information Administration.

Argentina's state-run oil company YPF and oil major Shell signed an agreement to develop the country's flagship liquefied natural gas (LNG) project.

Are you truly prepared for your next Turnaround? Effective work processes are required to successfully plan, manage, review and supervise plant turnarounds. Inspection planning and work scope selection are critical aspects of any turnaround...

On Wednesday, the U.S. Environmental Protection Agency approved California's plan to end the sale of gasoline-only vehicles by 2035.

The 2024 Atlantic hurricane season, which ran from June 1 through November 30, exhibited above-average activity with more named storms and hurricanes than usual, including several that disrupted U.S. energy infrastructure.

INEOS Energy has acquired several Gulf of Mexico assets and supporting businesses from CNOOC to compliment the company's existing onshore portfolio.

Five states, including Texas, Pennsylvania, Louisiana, West Virginia, and New Mexico, produced more than 70% of the record 113.1 billion cubic feet per day (Bcf/d) of U.S. marketed natural gas production in 2023.

Nigeria's state oil firm, NNPC Ltd one of its subsidiaries has agreed to supply 100 million standard cubic feet of gas per day to the Dangote oil refinery.

TEAM provides full inline, onsite and, shop valve repair services and maintenance programs for virtually all valve types, brands, sizes, materials, pressures, and operating conditions, including actuators and operators. Our valve repair solution...

ADNOC and AIQ recently announced at ADIPEC the launch of ENERGYai, the world’s first-of-its-kind custom-built agentic artificial intelligence (AI) solution for the global energy transformation.

Donald Trump's return to the White House will refocus the nation's energy policy on maximizing oil and gas production, but is unlikely to dramatically slow the U.S. renewable energy boom.

Apave, an international leader in risk management and inspection, has announced the acquisition of IRISNDT, an NDT, inspection, and integrity engineering company with operations in the US, Canada, the United Kingdom, and Australia.

Chevron has agreed to sell their 20% non-operated interest in the Athabasca Oil Sands Project, 70% operated interest in the Duvernay shale, and related interests, all located in Alberta, Canada, to Canadian Natural Resources Limited for $6.5 billion.

BP has abandoned a target to cut oil and gas output by 2030 as CEO Murray Auchincloss scales back the firm's energy transition strategy to regain investor confidence.

Traditional pressure vessel inspections often require taking assets out of service. However, MISTRAS’ Non-Intrusive Inspection (NII) programs provide data as good or better than internal inspections, while assets remain in service. NII is...

The North Dakota Public Service Commission has approved a $3.2 billion gas-to-liquids plant proposed by Canadian company Cerilon.

Chesapeake Energy will rebrand as Expand Energy after completing its $7.4 billion merger with Southwestern Energy. The deal, expected to close in the first week of October, will create the largest natural gas producer in the US.

Energy facilities along the U.S. Gulf Coast have scaled back operations and evacuated some production sites as Hurricane Francine barrels towards the energy-rich region.

The Abu Dhabi National Oil Company has agreed to a 15-year deal to supply Indian Oil with 1 million metric tons per annum of liquefied natural gas.

Marathon Oil Corporation shareholders have approved the company's pending merger with ConocoPhillips, an all-stock deal valued at $22.5 billion.

Traditional, paper-based inspection processes can prevent plants from being as effective as they can be. By digitalizing your mechanical integrity process and data with MISTRAS Digital®, plants have realized up to 75% gains in IDMS data entry and...

In 2022, energy expenditures increased 22% from 2021 to more than $1.7 trillion when adjusted for inflation, according to the EIA data.

Mexico's hydrocarbon regulator approved on Thursday a request by state energy company Pemex to expand a natural gas project in the Gulf of Mexico, which requires extra investments of just over $400 million.

Brazos Midstream has completed several significant milestone projects consisting of major new-build pipelines and processing facilities located in the heart of the Midland Basin, one of the most active oil and gas producing regions in the U.S.

Energy Transfer and Sunoco recently announced the formation of a joint venture combining their respective crude oil and produced water gathering assets in the Permian Basin.

Woodside Energy has signed a deal with Taiwanese state-owned natural gas firm CPC Corporation to supply LNG for a period of 10 years to Taiwan.

Antea delivers highly flexible risk-based asset integrity software with 3D Digital Twin integration to optimize maintenance, reduce risk, and improve mechanical integrity for oil and gas, power generation, and chemical plants and facilities....

The Texas energy industry braced for Hurricane Beryl's impact on Monday as the powerful storm lashed the U.S. Gulf Coast and closed key shipping ports, slowed refining and prompted evacuations of some offshore production sites.

According to the U.S. Energy Information Administration, increasing U.S. gasoline inventories, relatively weak demand, and oil prices below recent peaks are all contributing to falling gasoline prices.

Shell Eastern Trading Pte. Ltd., a subsidiary of Shell plc, has reached an agreement to acquire 100% of the shares in Pavilion Energy Pte. Ltd.

Worley recently announced a new strategic alliance with BP focused on enhancing efficiency, continuous improvement and value creation across BP’s global Site Projects organization.

ConocoPhillips and Marathon Oil Corporation announced today that they have entered into a definitive agreement pursuant to which ConocoPhillips will acquire Marathon Oil in an all-stock transaction with an enterprise value of $22.5 billion.

Ethos has assembled a team of experts who apply what they learned through years of process safety experience in the industry and dealing with OSHA and EPA. Click here to learn more about our services.

More than half of the oil sands production from Canada could be impacted if the wildfires in Alberta and British Columbia worsen.

Eni could spin off stakes in high-potential oil and gas projects to help finance their development while focusing more capital on low-carbon activities.

Turkey's state gas grid operator BOTAS signed an LNG trade deal with ExxonMobil.

China's Sinopec is in discussions with Pembina Pipeline Corp for a LNG offtake agreement and equity stake in the Canadian company's proposed Cedar LNG project.

ExxonMobil is "optimistic and pushing forward" with its delayed Rovuma LNG project in Mozambique and expects a final investment decision at the end of 2025.

Whether you decide for a Computed Radiography scanner with flexible imaging plates or a flat panel detector with the fastest imaging, or even combine the advantages of both technologies, DÜRR NDT's innovative systems offer high reliability and...

TotalEnergies has signed an agreement to acquire its 50% interest in Malaysian independent gas producer and operator SapuraOMV Upstream Sdn.

SLB and ChampionX Corporation have announced a definitive agreement for SLB to purchase ChampionX in an all-stock transaction valued at $7.8 billion.

TotalEnergies has signed an agreement to acquire 100% of Talos Low Carbon Solutions (TLCS), an early-mover American company focused on carbon capture and storage.

The United States is producing more crude oil than any nation at any time, according to the EIA's International Energy Statistics.

EQT Corporation and Equitrans Midstream Corporation have entered into a definitive merger agreement creating a premier vertically integrated natural gas business, with an initial enterprise value over $35 billion.

Traditional inspection methods used to detect internal corrosion and corrosion under insulation (CUI) in piping and pipeline assets can be time-consuming and costly. With ART, you’ll discover CUI detection best practices that can help save you up...

E2G | The Equity Engineering Group, Inc. has announced that it has expanded its physical presence across North America with the opening of a new office in Calgary, Alberta.

Qatar will raise natural gas production despite a recent steep drop in global prices, in a long-term bet on rising demand.

Occidental Petroleum is exploring a sale of Western Midstream Partners, a U.S. natural gas-focused pipeline operator.

The U.S. Department of Energy is allocating $171 million to 49 projects and inviting applications for an additional $83 million to cut emissions in hard-to-decarbonize industrial sectors.

A severe winter storm shut a U.S. Gulf Coast refinery in Texas on Tuesday, triggered malfunctions at others and halved North Dakota oil production.

Contact us at buddy@dimate.de to learn how DIMATE PACS digitizes NDT methods (RT, UT, VT, ...) and how it leads to paperless inspections.

ExxonMobil has formally exited the West Qurna 1 oilfield in southern Iraq and handed over its operations to PetroChina as lead contractor.

PDVSA and Repsol have signed an agreement amending the terms of their Venezuelan joint venture, aiming to ramp up its crude and gas output and accelerate debt repayment.

Woodside Energy and Santos said they were in preliminary talks to create an A$80 billion global oil and gas giant.

NNPC said it had restored 275,000 bpd of oil production at its joint venture unit with TotalEnergies after negotiating an end to industrial action by workers.

Exxon Mobil Corporation has announced it has closed its acquisition of Denbury Inc. in an all-stock transaction valued at $4.9 billion

Companies have developed detailed programs for managing wide range of assets. However, unsustainability negatively impacts effectiveness of these programs. Reach out to us on how we can address sustainability through digital transformation.

Chevron announced today that it has entered into a definitive agreement with Hess to acquire all of the outstanding shares of Hess in an all-stock transaction.

Exxon Mobil Corporation and Pioneer Natural Resources have jointly announced a definitive agreement for ExxonMobil to acquire Pioneer in an all-stock transaction valued at $59.5 billion.

Qatar on Wednesday secured its largest and longest European gas supply deal from Doha's massive production expansion project.

Suncor Energy announced today that it has agreed to purchase TotalEnergies EP Canada Ltd. for $1.468 billion.

Saudi Aramco has agreed to acquire a strategic minority stake in LNG company MidOcean Energy for $500 million.

Lessen downtime by enhancing your plant infrastructure, ensuring mechanical integrity, and extending equipment lifespan. Contact us for on-demand engineering expertise in assessment, problem-solving, specialized testing, and preventative solutions.

Occidental Petroleum is expanding its carbon capture business with a $1.1 billion deal to acquire Carbon Engineering, a technology supplier it has partnered with since 2019.

The U.S. government will provide up to $1.55 billion in funding to monitor and reduce methane emissions from the oil and gas sector, two agencies said on Monday.

State-owned Pakistan Refinery Limited and Air Link Communication are seeking to buy a stake in Shell Pakistan.

The U.S. Department of Energy recently purchased 3 million barrels of U.S. produced crude oil for the Strategic Petroleum Reserve, and is currently soliciting another 3.1 million barrels.

QatarEnergy has signed a 15-year supply deal for liquefied natural gas (LNG) with Bangladesh's state-owned PetroBangla.

With the IMS Suite, you can calculate optimal intervention periods and lay out efficient maintenance strategies. Click here to learn more.

Chevron Corporation announced today that it has entered into a definitive agreement with PDC Energy, Inc. to acquire all of the outstanding shares of PDC in an all-stock transaction valued at $6.3 billion.

U.S. oil producer Chevron Corp could raise its production in Venezuela this year by up to 50%, Chief Executive Michael Wirth said on Friday.

ExxonMobil has held preliminary talks with Pioneer Natural Resources Co about a possible acquisition of the U.S. shale oil producer.

In 2022, the United States set a new record for petroleum product exports, up 7% from 2021, according to the U.S. Energy Information Administration's (EIA) Petroleum Supply Monthly report.

The DOE has announced $47 million in funding for 22 research projects to advance the development of new measurement, monitoring, & mitigation technologies to help detect, quantify, & reduce methane emissions across O&G producing regions of the U.S.

Learn how you can safeguard integrity, reliability, instrumentation safety, and more.

INEOS Energy acquires a portion of Chesapeake Energy’s oil and gas assets in the Eagle Ford shale, south Texas for $1.4 billion.

Galp said it had agreed to a deal to sell its exploration and production assets in Angola to SOMOIL for about $830 million.

Oil prices plummeted more than 3% on Friday as global recession fears and weak oil demand, especially in China, outweighed support from a large cut to the OPEC+ supply target.

U.S. shale drillers are struggling to meet strong demand for gas from domestic generators as well as customers in Europe and Asia scrambling for replacement supplies following Russia’s invasion of Ukraine.

U.S. crude production and petroleum demand will both rise in 2022 as the economy grows, the U.S. Energy Information Administration (EIA) said in its Short Term Energy Outlook (STEO) on Wednesday.

Introducing the IGS Tube Tech rover system, the next generation in autonomous cleaning technology, capable of removing more than 90% of fouling and restoring your fired heater convection sections to their original design thermal efficiency.

Fossil fuels—petroleum, natural gas, and coal—accounted for 79% of the 97 quadrillion British thermal units (quads) of primary energy consumption in the United States during 2021.

Chevron is selling its 100-acre Chevron Park office complex in San Ramon, California and plans to downsize while remaining headquartered in the city.

Neptune Energy, ExxonMobil, Rosewood Exploration, and EBN Capital agree to progress the L10 large-scale offshore carbon capture and storage project in the Dutch North Sea.

Targa Resources Corp. has reached a definitive agreement to acquire Lucid Energy for $3.55 billion in cash, subject to customary closing conditions, including regulatory approvals.

According to the latest oil market report from the International Energy Agency (IEA), global oil supply may struggle to keep pace with demand next year.

With advanced NDT technology, we help OEMs, asset owners, and service companies boost productivity, save lives, and protect the environment. Learn more here.

As energy costs and geopolitical instability around the world continue to rise, API is calling on policymakers to confront the global mismatch between energy demand and available supply by supporting greater U.S. production and infrastructure.

In the midst of a global energy crisis, it could be the innovations of mechanical engineers that save us.

ConocoPhillips submitted on Monday a plan to develop an oil discovery in the Norwegian North Sea for 10.5 billion Norwegian crowns ($1.10 billion), the first of an expected rush of new petroleum projects to be launched in Norway this year.

bp intends to invest up to £18 billion in the UK’s energy system by the end of 2030, demonstrating bp’s firm commitment to the UK, and helping the country to deliver on its bold ambitions to boost energy security and reach net zero.

Chevron, Talos Energy, and Carbonvert recently announced a memorandum of understanding for an expanded joint venture to develop the Bayou Bend CCS offshore carbon capture and sequestration hub in Texas.

Ditch the filing cabinet and centralize all your U1's, manufacturing drawings, and inspection records in one place. The Mechanical Integrity Suite simplifies fixed equipment data tracking and inspection scheduling.

The EIA projects that U.S. energy consumption will continue to grow through 2050, with petroleum remaining the largest share of energy consumption throughout that period, followed by natural gas.

A days-long natural gas leak has forced a partial evacuation at one of the biggest oil fields in North Slope, Alaska, with one local official saying the gas was still leaking.

Exxon said it is further streamlining its business structure by combining chemical and downstream companies and centralizing technology and engineering, and other support services, to better support customers, enhance performance, and grow value.

According to the EIA, U.S. fossil fuel production is expected to continue rising in both 2022 and 2023, surpassing production in 2019, to reach a new record in 2023.

Oil prices rose more than 2% on Monday to the highest level since late November on hopes that the Omicron coronavirus variant will have a limited impact on global demand in 2022, even as surging cases caused flight cancellations.

Discover Creaform's 3D scanning technology to enhance pipeline inspection, surface damage assessment, and preventive maintenance with accurate, user-independent data. Improve diagnostics, reduce technician stress, and build expertise.

ENI and Sonatrach sign strategic agreement to relaunch production in Algeria's Berkine basin and cooperate on decarbonization initiatives.

Aramco announces $15.5 billion landmark gas pipeline deal with global consortium led by BlackRock Real Assets and Hassana Investment Company.

INEOS FPS has announced plans to deploy innovative Artificial Intelligence (AI)-driven optimization technology at its Kinneil Terminal in Grangemouth that will deliver further carbon emissions reductions from its operations.

Shell and Baker Hughes are collaborating to accelerate the global energy transition by helping each other achieve their respective commitments for net-zero carbon emissions and advancing solutions to decarbonize energy and industrial sectors.

Over the next six years, ExxonMobil plans to invest more than $15 billion on lower greenhouse gas emission initiatives.

The U.S. Department of Transportation’s Pipeline and Hazardous Materials Safety Administration (PHMSA) is issuing a final rule that expands Federal pipeline safety oversight to all onshore gas gathering pipelines.

U.S. demand for crude among refiners making gasoline and diesel is surging and crude oil tanks at the Cushing, Oklahoma storage and delivery hub for U.S. crude futures are more depleted than they have been in the last 3 years

Japan's Mitsubishi Corp says it will invest 2 trillion yen ($17.54 billion) by 2030 in alternative energies such as renewables and hydrogen to drive its decarbonization efforts and cut emissions.

Damage to oil production facilities in the U.S. Gulf of Mexico has kept output largely halted, however four Louisiana refineries, accounting for 1.3 million bpd of U.S. refining capacity, have initiated restart processes.

Mubadala Petroleum and Eni have teamed up to investigate opportunities in the fields of hydrogen and carbon capture, utilization and storage, in furtherance of their respective decarbonization targets.

Following Hurricane Ida, analysts said it could take 2-3 weeks to restart producing platforms and fully resume output at Louisiana refineries. Restoring power, critical to refineries, also could take weeks, utilities officials said.

Pemex said on Monday that it has resumed 421,000 barrels-per-day in oil production and brought back online 125 wells following a deadly fire at an offshore platform on Aug. 22.

A fire broke out on Sunday at an offshore platform in the southern Gulf of Mexico run by Petroleos Mexicanos (Pemex), injuring at least five people, the Mexican state oil and gas firm said.

The U.S. Chemical Safety Board (CSB) has released an animation detailing the events leading up to the October 26, 2019, hydrogen sulfide release at the Aghorn Operating waterflood station in Odessa, Texas. The release fatally injured...

The United States oil and gas rig count, an early indicator of future output, rose three to 503, its highest since April 2020, energy services firm Baker Hughes Co said in its closely followed report on Friday.

Oil and gas producers in the U.S. Gulf of Mexico have consolidated at a faster rate during the pandemic, new government data shows, as crashing prices squeezed out smaller drillers who had been seen as the industry’s future.

U.S. crude production rose 80,000 bpd in May to 11.231 million bpd, according to a monthly government report. The Energy Information Administration also revised its estimate of April production by 18,000 bpd to 11.151 mln bpd.

Oil slumped $5 a barrel on Monday, closing out its worst day since March, after an OPEC+ agreement to boost output stoked fears of a surplus just as rising COVID-19 infections once again threaten demand.

U.S. fossil fuel consumption in 2020 fell by 9% to its lowest levels in nearly 30 years.

The American Petroleum Institute, with support from members and other industry organizations, has published the "Oil and Natural Gas Industry Preparedness Handbook" to help those on the ground manage and mitigate disruptive events, like hurricanes.

Total has changed its name to TotalEnergies and adopted a new visual identity to embody a broad energy company committed to producing and providing energies that are ever more affordable, reliable and clean.

The US Chemical Safety Board has released its final investigation report into the October 26, 2019 hydrogen sulfide (H2S) release that fatally injured two people at the Aghorn Operating, Inc. waterflood station in Odessa, Texas.

Aramco, Siemens Energy and the World Economic Forum (WEF) have launched a co-led report on cyber resilience in the oil and gas industry.

Chevron Corp’s first-quarter profit fell 29% from the same period a year ago as gains from oil and gas prices were undercut by weaker refining margins, production losses and the impact of an asset sale that benefited results last year.

Indonesia will stop both liquefied petroleum gas (LPG) and fuel imports by 2030 and plans big changes to its energy infrastructure to meet that target, a top energy official said on Thursday.

The adoption of electrification in oil-dependent sectors is accelerating and is predicted to lead to peak oil demand of 101.6 million barrels per day in 2026, according to Rystad Energy.

U.S. gasoline sales for 2021 have exceeded prior-year levels for the first time since last March, when officials first started to widely impose coronavirus lockdowns, according to a report from the Oil Price Information Service by IHS Markit.

Based on today’s policy settings, global oil demand is set to rise every year through 2026, IEA report says, but stronger policies and behavior changes could bring a peak in demand soon.

Global oil demand is recovering and could return to around pre-pandemic levels next year, the chief executive of Saudi Aramco told an oil and gas conference on Tuesday.

U.S. crude prices edged up to its highest close since 2019 as Texas refineries restarted production after last week’s freeze, while Brent eased on worries that four months of gains will prompt producers to boost output.

Total S.A., the French oil and gas major, announced it would rebrand as TotalEnergies as it tries over the next decade to reduce oil production and grow renewable power and electricity production.

On Wednesday, newly inaugurated U.S. President Joe Biden announced America’s return to the international Paris Agreement to fight climate change and revoked a vital permit for TC Energy’s Keystone XL oil pipeline project from Canada.

The International Energy Agency recently announced it will produce the world’s first comprehensive roadmap for the energy sector to reach net-zero emissions by 2050 as it further strengthens its leadership role in global clean energy transitions.

Almost one in three workers in the oil and gas industry faced pay cuts in 2020, a worldwide survey showed on Tuesday, as the coronavirus crisis drove down fuel demand and prices.

TechnipFMC has announced the resumption of activities toward its planned separation into two independent, publicly traded companies: TechnipFMC and Technip Energies.

Cenovus Energy's strategic combination with Husky Energy has closed, creating a resilient integrated energy leader that is well-positioned to provide superior returns for investors and strong environmental, social and governance performance.

Chevron said it expects total capital and exploratory budget through 2025 to be between $14 billion and $16 billion, well below the prior forecast of up to $22 billion.

Oil producers on Monday shut offshore production and pulled workers off platforms in the U.S. Gulf of Mexico as the 27th named storm of the season strengthened into a hurricane and took aim at the U.S. Gulf Coast.

Global professional services organization, Lloyd’s Register Group, recently announced it has entered into a definitive agreement to sell its Energy business unit to Inspirit Capital, a London-based investment firm focused on building long-term...

Energy companies forged ahead restoring oil and natural gas production in the U.S.-regulated northern Gulf of Mexico on Monday, three days after Hurricane Delta made landfall, said the U.S. Bureau of Safety and Environmental Enforcement (BSEE).

Chevron Corporation announced today that its acquisition of Noble Energy, Inc. has been completed following approval by Noble Energy shareholders.

U.S. oil producer ConocoPhillips sees global demand returning to 100 million barrels per day and growing from there, with oil an "important part of the energy mix in any scenario" going forward, a senior executive said on Thursday.

Royal Dutch Shell is looking to slash up to 40% off the cost of producing oil and gas in a major drive to save cash so it can overhaul its business and focus more on renewable energy and power markets, sources told Reuters.

The U.S. returned to being a net energy exporter in August despite disruptions from Hurricane Laura and ongoing uncertainty over the pandemic, according to data recently released by the American Petroleum Institute.

Schlumberger, IBM and Red Hat, have teamed up to accelerate digital transformation across the oil and gas industry. The joint initiative will provide global access to Schlumberger’s leading cloud-based environment and cognitive applications.

Securing talent is becoming more challenging and expensive for oil and gas companies amid the coronavirus pandemic and a growing distaste for the oil business among potential young employees.

Chevron Corporation recently announced that it has entered into a definitive agreement with Noble Energy, Inc. to acquire all of the outstanding shares of Noble Energy in an all-stock transaction valued at $5 billion, or $10.38 per share.

Inspectioneering, LLC has launched a specialized recruiting and staffing firm offering workforce solutions to help companies find and secure the top Mechanical Integrity and Reliability talent needed to successfully operate their business.

API is currently seeking presentations abstracts for the 2021 Inspection and Mechanical Integrity Summit, scheduled for June 7-10, 2021 in San Antonio, TX. The deadline to submit your abstract for consideration is September 15, 2020.

BP will cut about 15% of its workforce in response to the coronavirus crisis and as part of Chief Executive Bernard Looney’s plan to shift the oil and gas major to renewable energy

Chevron Corp will cut 10% to 15% of its worldwide workforce as part of an ongoing restructuring at the second-largest U.S. oil producer.

Capital spending by the U.S. energy sector that has dropped during the coronavirus crisis could fall another 30% or more, which would have far-reaching consequences on the overall economy, the Dallas Federal Reserve Bank said on Tuesday.

ABB has developed an innovative augmenting technology aimed at digitalizing the field operator experience and improving interaction between field and control room operations.

U.S. President Donald Trump said on Saturday he would impose tariffs on crude imports if he has to “protect” U.S. energy workers from the oil price crash that has been exacerbated by a war between Russia and Saudi Arabia over market share.

The Environmental Protection Agency is planning to waive compliance requirements and deadlines for a range of industries, including oil refiners, as it seeks to help businesses affected by the coronavirus pandemic.

The American Petroleum Institute has asked U.S. President Donald Trump for help suspending certain regulatory requirements on the oil and gas industry to ensure steady fuel supplies during the coronavirus outbreak

The American Petroleum Institute oil and gas industry group said on Wednesday that it does not see a significant threat to the U.S. energy supply chain from the coronavirus pandemic.

Husky Energy has reduced its 2020 capital program by $900 million, with a 33% reduction in upstream spending and $100 million in additional cost-saving measures

BP announced it will be leaving 3 industry associations, including AFPM, due to misalignment on climate policies.

U.S. petroleum exports hit a new all-time high of 9.0 million barrels per day (mb/d) in the final month of 2019, according to data released today from the American Petroleum Institute’s December 2019 Monthly Statistical Report (MSR).

U.S. energy exports to China, mostly crude oil and natural gas, will climb as the world’s two largest economies struck a trade agreement after a more than year-long tariff war, executives and traders said on Wednesday.

The U.S. Department of Labor's Occupational Safety and Health Administration (OSHA) has released its annual list of the 10 most frequently cited safety and health violations. In 2019 Fall Protection, Hazard Communication, and Scaffolding once again..

One person was seriously injured in a Midland, Texas, explosion and fire on Thursday involving several storage tanks and a truck used in oilfield operations, according to a hospital spokeswoman and local media reports.

Encana Corporation recently announced its intention to establish corporate domicile in the United States. As part of this process, the new company will rebrand under the name Ovintiv, Inc.

U.S. Energy Secretary Rick Perry will step down by the end of the year, President Donald Trump said on Thursday, a day before a deadline set by congressional Democrats for Perry to turn over documents in the impeachment probe.

Occidental Petroleum Corporation has announced the successful completion of its acquisition of Anadarko Petroleum Corporation in a transaction valued at $55 billion, including the assumption of Anadarko’s debt.

U.S. crude oil exports surged 260,000 barrels per day (bpd) in June to a monthly record of 3.16 million bpd as South Korea bought record volumes and China resumed purchases, data from the U.S. Census Bureau showed on Friday.

An intensifying tropical storm in the U.S. Gulf of Mexico on Thursday cut more than half the region’s oil output, with energy companies evacuating staff from nearly 200 offshore facilities and a coastal refinery.

Overall energy consumption in the United States reached a record high in 2018, driven by increases in petroleum and natural gas consumption.

According to a new research report by Global Market Insights, the global non-destructive testing (NDT) services market is set to grow from its current market value of more than $3 billion to over $4.5 billion by 2025.

The US Chemical Safety Board (CSB) has released its final investigation report into the January 22, 2018 blowout that fatally injured five workers at the Pryor Trust gas well located in Pittsburgh County, OK.

Occidental's success post-Anadarko acquisition will depend on how quickly it can divest some of Anadarko’s assets and optimize and integrate the assets it keeps.

According to the report recently released by Research and Markets, the global Asset Integrity Management (AIM) services market is expected to grow at a CAGR of 8.9% over the next eight years and reach $37.92 billion by 2027.

The U.S. Department of Energy recently announced an $8 million investment in innovative approaches to enhance the reliability and resilience of the nation’s energy infrastructure.

Net income for 43 U.S. oil producers totaled $28 billion in 2018, a five-year high. Based on net income, 2018 was the most profitable year for these U.S. oil producers since 2013.

WorleyParsons has officially completed its US$3.2 billion acquisition of Jacobs ECR, and adopted ‘Worley’ as its new brand.

Anadarko Petroleum Corporation today announced that it intends to resume negotiations with Occidental Petroleum Corporation in response to Occidental's proposal to acquire Anadarko, which was announced by Occidental on April 24, 2019.

Chevron Corporation has entered into a definitive agreement with Anadarko Petroleum Corporation to acquire all of the outstanding shares of Anadarko in a stock and cash transaction valued at $33 billion, or $65 per share.

Halliburton Company recently announced it will build the first oilfield chemical manufacturing reaction plant in Saudi Arabia.

Vitol, the world’s top oil trader, plans to access liquefied petroleum gas (LPG) from the giant Kashagan field in Kazakhstan and may finance the construction of a processing and export facility, industry and company sources told Reuters.

According to a report released this week by the EIA, the U.S. will become a net energy exporter in 2020 due to large increases in crude oil, natural gas, and natural gas plant liquids production coupled with slow growth in U.S. energy consumption.

The U.S. Department of Labor's Occupational Safety and Health Administration (OSHA) has released its annual list of the 10 most frequently cited safety and health violations. In 2017 Fall Protection, Hazard Communication, and Scaffolding once again...

The Bureau of Safety and Environmental Enforcement (BSEE) this week announced the implementation of a new Risk-Based Inspection Program that employs a systematic framework to identify facilities and operations that exhibit a high-risk profile.

The U.S. Energy Information Administration (EIA) has released its Annual Energy Outlook 2018 (AEO2018), which includes its Reference case and a number of sensitivity cases. The AEO2018 Reference case shows continued development of the U.S. shale...

U.S. crude oil production reached 10.038 million barrels per day (b/d) in November 2017, according to Energy Information Administration's (EIA) latest Petroleum Supply Monthly. November’s production is the first time since 1970 that monthly U.S....

The federal Bureau of Safety and Environmental Enforcement released a safety alert on January 5, 2018 discussing gas hazards on production platforms in the Gulf of Mexico. The alert highlights findings from BSEE's Gulf of Mexico-wide inspection...

The U.S. Department of Labor's Occupational Safety and Health Administration (OSHA) has released its annual list of the 10 most frequently cited safety and health violations. In 2017 Fall Protection, Hazard Communication, and Scaffolding once again...

Offshore oil and gas operators in the Gulf of Mexico are evacuating platforms and rigs in preparation for Tropical Storm Harvey. The Bureau of Safety and Environmental Enforcement (BSEE) Hurricane Response Team is activated and monitoring the...

U.S. Chemical Safety Board (CSB) report finds that offshore regulatory changes made thus far do not do enough to place the onus on industry to reduce risk, nor do they sufficiently empower the regulator to proactively oversee industry’s efforts to...

A new hazard alert from the Occupational Safety and Health Administration and the National Institute for Occupational Safety and Health identifies health and safety risks to oil and gas industry workers who manually gauge or sample fluids on...