ESG/Investment
News
September 03, 2019
A North Sea market leader in third-party procurement is launching a sustainable approach to sourcing and supplying oilfield products and services, which could have a major impact on reducing the oil and gas industry’s carbon footprint.
News
August 29, 2019
The U.S. Environmental Protection Agency is set to unveil a proposal that would step back from federal regulation specifically targeting methane emissions at oil and gas facilities, potentially staving off requirements for a million existing U.S. wells.
News
August 27, 2019
MODEC informed Petrobras that cracks were identified at the hull of FPSO Cidade do Rio de Janeiro, at the Espadarte field, in the Campos Basin, 130 km off the coast of Brazil.
News
August 26, 2019
Mosaic Materials has progressed research on a process that uses porous solids to separate carbon dioxide from air or flue gas. The agreement with ExxonMobil will enable further evaluation of opportunities for industrial uses of the technology at scale.
News
August 14, 2019
The Trump administration is readying a plan to end direct federal regulation of methane leaks from oil and gas facilities, even as some energy companies insist they don’t want the relief.
News
August 12, 2019
API says the streamlining of these regulations will ensure that public-private projects can further promote the conservation of habitat and protection of endangered species, while focusing resources on environmental improvements across the country.
News
July 09, 2019
Frost & Sullivan’s latest analysis of the global oilfield chemical market reveals that the development of innovative, advanced oilfield chemicals that have superior performance characteristics and are eco-friendly have paved the way for increased application use, premium prices, and market growth.
News
June 21, 2019
A major Exxon Mobil shareholder has divested funds from the company and will ask its clients if it can withdraw more money, saying the producer isn’t adequately addressing climate change.
News
June 11, 2019
Global carbon emissions jumped the most in seven years in 2018 as energy demand surged, indicating the world is falling behind in its efforts to rein in climate change.
News
June 10, 2019
Devon Energy Corp. has announced that it is establishing a voluntary, company-specific target to reduce methane emissions for its U.S. oil and natural gas production operations.
News
June 06, 2019
Current climate actions are far from enough to put the world on a path to keep global warming well below 2o degrees.
News
May 29, 2019
Kimmeridge Energy Management fell short in its efforts to revamp the board of PDC Energy Inc. with investors in the driller opting to reelect incumbent directors.
News
May 29, 2019
ExxonMobil Corp. beat back mounting pressure to split the chairman and chief executive positions, and dismantle a structure that dates back decades and has seen the explorer through oil embargoes, war, currency crises and nationalizations.
News
May 28, 2019
Exxon and Chevron’s unwillingness to venture beyond their core oil and gas business will face a test Wednesday when shareholders vote on climate change proposals at the companies’ annual meetings.
News
May 23, 2019
Apollo Safety, Inc., providers of gas detection products and services for hospitals, universities, government operations, public utilities, manufacturing, Biotech and other organizations, recently introduced the availability of enhanced Man Down/Lone Worker detection devices from Industrial Scientific.
News
May 20, 2019
BP Plc employees are working from home, as the oil giant attempts to continue normal business operations after Greenpeace put up barriers on the entrances to its London headquarters.
News
May 15, 2019
In connection with loading oil from buoy to shuttle tanker on the North Sea Statfjord field, oil was observed on the sea surface early this morning, May 15, 2019.
News
May 14, 2019
Russia is racing to return oil exports to normal after deliveries to eastern Europe were cut by a contamination crisis that shut down parts of the Druzhba pipeline.
News
May 13, 2019
Subsea service specialist Rovco has been awarded the full suite of health, safety and environmental management system standards by DNV – only two and a half years after they launched.
News
May 12, 2019
The U.S. Coast Guard said on Saturday it’s too early to estimate when the Houston Ship Channel can reopen after a collision that spilled about 9,000 barrels of a gasoline ingredient into the water.
News
May 08, 2019
ExxonMobil has said it will invest up to $100 million over 10 years to research and develop advanced lower-emissions technologies with the U.S. Department of Energy’s National Renewable Energy Laboratory and National Energy Technology Laboratory.
