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.

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.

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.

FFS assessment techniques are applicable to a wide range of damage types: LTA's, cracks, creep damage, dents, and more. These are very powerful analytical tools that often allow operators to not only keep the plant running, but to keep it running...

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.

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.

It’s a scary thought to think that with all the new advancements in technology, some facilities still rely on traditional inspection contractors that perform out of date procedures. You rely on technology to keep your home and identity safe, so...

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.

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.

How long does it take for you to receive reports after an inspection has been completed? A week? A month? Does the data come from multiple sources with no way of knowing if it has been manipulated? Traditional inspection contractors do not have...

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.

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.

Integrating a new digital technology that combines data-driven insights and data storage with innovative mobility can provide a new level of connected intelligence. Digitalization can improve workflow, increase worker productivity and allow better...

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

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...

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.

Training options to meet your needs. E²G contracts with API to deliver training programs for FFS, Risk–Based Inspection, Damage Mechanisms, and Pressure Relieving Systems. ETI and Customized Training offers specialized courses based on industry...

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.

What do you need: CONSULTING - Subject matter experts, consultants, or team of highly skilled engineers to help solve my problem. SOFTWARE - My team requires software, products, or resources that will solve the problem. TRAINING - I require...

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.

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...

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.

Inspectioneering and API have teamed up to create the Mechanical Integrity Professional Initiative. The goal of this project is to raise the benchmark on industry knowledge and develop the next generation of SMEs. We believe that equipping MI...

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.

TEAM’s integrated touch point corrosion program manages all aspects of the integrity process from screening for damage to permanent repair assuring integrity – every time. TEAM’s unique turn-key approach to touch point corrosion integrity...

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.

Statistical techniques are meant to complement the work of SMEs and can provide deeper insights into the inspection data collected as part of a reliability program. Pinnacle has combined traditional methods, expertise, and Machine Learning to...

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.

Pinnacle's data-driven reliability framework ensures the right data is fueling the right intelligence, helping you make confident, strategic decisions.

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.

Download Pinnacle's Economics of Reliability Report - Refining to see how reliability is affecting profitability.

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.

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....

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.

Pro-Surve recently invested in the latest portable Higher Order Modes Clusters (HOMC) Guided Wave Testing tool, a new concept for the inspection of inaccessible regions using short-range guided waves. Inspection is carried out from the accessible...

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..

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.

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.

The bp refinery in Rotterdam was able to establish a continuous digital inspection process for the first time by using the DIMATE PACS – including the digital evaluation and transmission of quality-assured inspection data to the RBI.

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.

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 the...

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...