Upstream is one of the three major sectors of the oil and gas business, which also includes Midstream (transportation and storage) and Downstream (refining and marketing). The upstream sector of the petroleum industry is also referred to as exploration and production (E&P). Upstream oil and gas involves looking for oil and natural gas deposits and taking measures to extract these resources from the earth for commercial sale. Once producing areas are located, E&P companies employ various technologies and strategies to drill into the earth, extract crude oil and/or natural gas from the ground, and prepare it for transportation via pipeline, truck, or train to a refinery or processing plant.
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The next annual International Pressure Equipment Integrity Association Conference and Exhibition is right around the corner, so we thought we’d have a quick chat with members of the Executive Committee about the upcoming conference.
An investigation was conducted to challenge the paradigm that baseline inspections must be done for all piping and other static mechanical pressure equipment. This article introduces a new approach to baselining practices.
The scope of the subject case study reviews an inspection and corrosion control assessment conducted on subsea flowlines and includes evaluating the flowlines’ associated inspection programs and identifying all available NDT technology solutions.
Remaining life assessments of complex assets, including fixed equipment, piping, rotary, and packaged sub-assets, have always been challenging for integrity engineers. Well stimulation service (WSS) units are complex in a similar way.
Inspectioneering and Pinnacle co-hosted their 6th bi-annual Meeting of the Minds roundtable discussion earlier this year. This meeting’s focus was on how Covid-19 and the decline in oil prices have affected MI programs across the industry.
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...
Who is Inspector Frank? It is a valid question but I don’t want it answered specifically for some obvious reasons. I will share what I can though...
Trying too hard to bring attention to the myriad concerns of a robust equipment integrity program can end up backfiring on you. You don’t want to be the “inspector who cried wolf” with no one listening when you actually have a problem.
COVID-19 is disrupting all industries including asset management. Here are 6 recommendations to help you align your asset management according to new requirements and turn the challenges into opportunities.
In a nutshell, Schwerpunkt means focusing your force in the area it will be the most effective. As a strategy, it means overall strategic intent has to be known and understood by everyone. All levels know their part in the plan.
I once worked with a chief inspector who refused to hire anyone who had any National Board inspection certifications. “Why?”, you might ask. I had the same question, and his response was “Because anyone with National Board is gunning for my...
AET is a powerful, non-intrusive inspection technique to verify the structural integrity of pressure vessels, spheres, high-temperature reactors and piping, coke drums, above-ground storage tanks, cryogenic storage tanks, and more.
At the end of every year, the U.S. Department of Labor's Occupational Safety and Health Administration (OSHA) releases its annual list of the 10 most frequently cited safety and health violations for the fiscal year. Although the list rarely sees...
Critical things often get missed in facilities but are these things being owned and fixed? We get good at reactively solving problems as they appear, but are we proactively working towards examining and fixing the potential larger issues?
Just because you have a technical expert does not mean they will be an expert at managing people. Like any skill set, it takes training, time, and mentoring to become a good personnel manager.
This is the first article in a new column. In each article, the author will share technical, thought-provoking, and sometimes humorous or emotional experiences garnered in a career that spans over 20 years inside the gates of facilities.
Young asset integrity management professionals need effective tools to create a sustainable future. YPAC surveyed members to establish a baseline measurement of the effectiveness of their professional development and to evaluate perceived gaps.
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 2019 API Inspection and Mechanical Integrity Summit will be kicking off later this month in Galveston, TX. This four-day event will begin with 14 high level training courses offered Monday, January 28th, and then a top notch conference and...
At the end of every year, the U.S. Department of Labor's Occupational Safety and Health Administration (OSHA) releases its annual list of the 10 most frequently cited safety and health violations for the fiscal year. Although the list rarely sees...
This article describes how an international oil and gas company built an inspection data management program for its U.S. operations yielding improved confidence in decision-making information, cost savings through increased efficiency, and an...
The benefits and advantages of drone inspection over other methods have made this technology a viable solution in industry. As utilization of drone technology continues to grow and expand, it’s important to not only understand what they can do but...
As RBI continues to proliferate across industry, there are still those that are reluctant to transition from a time-based to risk-based inspection approach - especially in the upstream oil & gas business. These 4 benefits might help to lessen the...
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...
The actions you take immediately after a failure are critical in understanding the cause and appropriate steps to remedy the problem. However, the wrong moves might prevent you from getting the answers you need.
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...
This article summarizes a comprehensive survey conducted by the Research & Development Center (R&DC) of Saudi Aramco to understand top corrosion damage mechanisms experienced by its operating onshore surface facilities.
This article presents a perspective on the human factor and emphasizes the value of using risk tools at all levels in the organization to help provide management focus during times of severe economic pressure.
At the end of every year, the U.S. Department of Labor's Occupational Safety and Health Administration (OSHA) releases a list of the 10 most frequently cited safety and health violations for the fiscal year, comprised from approximately 32,000...
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...
Joint integrity management remains at the top of many operators’ priority list. The discipline considers risk and drives safety to ensure we learn necessary lessons from past catastrophic failures, such as the Piper Alpha explosion in 1988,...
While there are many methods for measuring equipment wall thickness, a predominant method used in the O&G and power generation industries is portable ultrasonic equipment. Ultrasonic testing is non-intrusive because it is applied to the outside of a...
The enormous decline in oil prices over the past 14 months has definitely slowed projects and changed the energy and production landscape. Despite this, refineries, petrochemical plants, and chemical facilities must continue to run safely,...
This study provides valuable information for offshore pipeline operators curious about how composite repair systems could be utilized with their assets.
Inspectioneering recently had the opportunity to sit down with Texas Railroad Commissioner Ryan Sitton and discuss the evolution of reliability in the oil and gas industry.
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.
Inspectioneering speaks with Tom Redlinger about QA/QC practices in the O&G business and what companies can do to create programs that are both effective and sustainable.
Weld inspection using lasers is not new, but doing it 75 meters inside a pipe or streaming inspection data wirelessly is new. As laser technology has improved, more industries such as oil & gas are beginning to require laser inspection as part of...
The ability to gain this unique perspective has recently become easier and safer with today’s technological advancements. This new technology comes in the form of a miniature flying machine, better known as a drone or small Unmanned Aerial System...
An issue that arises frequently in the oil and gas industry is poor or missing documentation of pressure vessels. It is common in the industry to repurpose old equipment, bring equipment back into operation after a long period of time out of...
Reliability engineering tools and concepts can be used to avoid or delay failures, thus increasing product service life. Design or maintenance teams use reliability engineering techniques to identify failures and their causes.
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...
Challenges abounded in 2014 for the process industries, and it does not look like they will let up soon. But then again, that’s life, as they say. After 40 years in the industry the old adages still ring true, “there is nothing new under the...
Inspectioneering recently had the opportunity to sit down and chat with Ray Konet, the Fixed Equipment Reliability Director at Valero Energy, and who also happens to be the Chairman of the Planning Committee for the 2015 API Inspection Summit.
The bolted connection is a critical and complex component in any pressurized system, on typical Oil and Gas projects there will be many thousands of joints all of which need managing through Design, Fabrication Completion, Commissioning and...
Though new regulations have changed the way offshore companies operate, the need to make safety part of an enterprise sustainability management strategy has never been more important. As accountability moves higher up the chain of command, operators...
Though new regulations have changed the way offshore companies operate, the need to make safety part of an enterprise sustainability management strategy has never been more important.
In this article you will find the failure investigations of six 0.094 inch thick carbon steel vessels. These vessels were in service in natural gas well facilities; some functioned as dryers and were subjected to cyclic loads. Metallographic tests,...
Development of shale requires the utilization of numerous types of fixed equipment. Due to the high cost and risk associated with hydrocarbon production and processing, E&Ps must continue to manage cost-effective and safe fixed equipment programs....
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.
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.
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...
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.
AET is a powerful, non-intrusive inspection technique to verify the structural integrity of pressure vessels, spheres, high-temperature reactors and piping, coke drums, above-ground storage tanks, cryogenic storage tanks, 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.
Auto-refrigeration can impose low temperatures onto process vessels and piping causing them to be at risk of brittle fracture, the sudden break-before leak phenomena that can result in catastrophic rupture of the equipment.
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.
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...
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.
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...
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.
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...
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.
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 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.
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...
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.
Pinnacle's data-driven reliability framework ensures the right data is fueling the right intelligence, helping you make confident, strategic decisions.
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.
Download Pinnacle's Economics of Reliability Report - Refining to see how reliability is affecting profitability.
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.
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 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.
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...
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.
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....
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).
The OmniScan™ X3 64 phased array and TFM flaw detector is equipped with enhanced phased capabilities and even faster TFM. The rugged and portable instrument features powerful 64-element probes with a 128-aperture TFM.
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.
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.
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
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.
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.
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 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).
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...
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.
With class-leading thermal performance, superior CUI defense, and complimentary engineering support, our aerogel insulation solutions are a top choice in helping facilities drive energy efficiency, improve safety, increase yields, and reduce downtime
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.
Artificial Intelligence (AI) is transforming the inspection process, enabling automatic defect detection and even higher data integrity. With our DIMATE PACS software, we help you optimize your inspection workflows and benefit from the use of AI.
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...
