News
July 20, 2022
NOIA President Erik Milito said restoring U.S. energy security must include the resumption of domestic offshore oil and gas leasing, which did not happen with Biden’s Wednesday announcement of Executive Actions on Climate to Address Extreme Heat and Boost Offshore Wind.
Article
July 2022
On June 30, 2022, the U.S. Supreme Court ruling in the case of West Virginia vs. the EPA caused a panic amongst anti-oil activists. Some consider this the beginning of an ESG rollback, but I believe this is an overreaction.
Article
July 2022
Over the past year, liquefied natural gas (LNG) prices reached an all-time high. An analysis of the data identifies key insights into the implications for the LNG industry for 2022 and beyond.
Article
July 2022
Faced with oppressively high prices at the pump and escalating energy costs that negatively impact our daily lives, one must wonder: what can be done to rectify this situation?
News
July 19, 2022
The potential emergency order that Biden is mulling would unlock broad executive powers to propel clean-energy construction, restrict oil drilling and curb fossil fuel use.
Article
July 2022
Oilfield electrification has become increasingly important over the last several years, as E&P companies invest in long-term infrastructure in shale play holdings to help achieve net zero goals.
Article
July 2022
Although the call for significant change and transformation of the oil and gas industry was underway prior to the Covid-19 outbreak, the drive to develop new technology to increase efficiency, lower costs and reduce GHG emissions was accelerated by the pandemic.
News
July 19, 2022
DNV, the independent expert in risk management and assurance and Petroliam Nasional Berhad (PETRONAS), a global energy and solutions partner, ranked amongst the largest corporations in Fortune Global 500 signed a Memorandum of Understanding (MOU) to address the technical, regulatory and business challenges of carbon capture utilization and storage (CCUS) deployment.
News
July 19, 2022
Canada’s export credit agency is targeting a 15% cut to its financing portfolio for upstream oil and gas production by 2030.
News
July 18, 2022
More U.S. shale producers should aim for net-zero emissions, while drillers that have already made climate pledges need to set more aggressive timelines to reach their goals, according to investor Kimmeridge Energy Management.
Article
July 2022
Industry CEOs should be prioritizing customer value above all else.
News
July 18, 2022
The Canadian government released potential designs for an emissions cap on the oil and gas industry, the next step in Prime Minister Justin Trudeau’s plan to cut emissions in the sector by 42% by 2030.
News
July 12, 2022
A trio of exciting new low-carbon technologies are set to generate 26,000 new UK energy jobs by 2030, according to research by Robert Gordon University.
News
July 12, 2022
Through the UK Government’s Floating Offshore Wind Manufacturing Investment Scheme, up to £160 million will be made available to scale-up the deployment of floating offshore wind and to invest in key areas where the UK has competitive advantage.
Article
July 2022
In seven years, BKV Corporation has become one of the top 20 gas-weighted natural gas producers in the United States and the largest natural gas producer in the Barnett Shale.
News
July 08, 2022
This year, the number of new petroleum-engineering graduates in the U.S. is expected to total about 400 -- an 83% decline from 2017, when they peaked at more than 2,300.
News
July 06, 2022
Shell Plc has decided to proceed with building Europe’s largest plant producing hydrogen from renewable power as oil majors bet the fuel could be key to cutting carbon emissions.
News
July 06, 2022
Neptune Energy announced it has joined the Aiming for Zero Methane Emissions Initiative, a project to cut emissions of the harmful greenhouse gas to near zero by 2030.
News
July 05, 2022
A set of reports due to be published in the coming months will show how companies in the UK’s offshore oil and gas industry supply chain can expand to cleaner energies, including carbon capture, usage and storage (CCUS), hydrogen and offshore wind.
News
July 05, 2022
Urgent moves to bring forward the construction of “energy islands” – giant new offshore renewable energy conversion and transmission plants – are being supported by a major new safety advisory and assurance study.
Whitepaper

Electrification: Technologies and innovations that advance the upstream industry

June 30, 2022
Schlumberger and Schneider Electric
Connect with World Oil
Connect with World Oil, the upstream industry's most trusted source of forecast data, industry trends, and insights into operational and technological advances.