Goldman Sachs suggests that oil markets may shift from a tight balance to a potential surplus by 2025 ... The leading oilfield equipment supplier is valued at around $11.4 billion.

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Making a success of Carbon Capture and Usage, and Storage (CCUS) was first tried in the UK between 2005 and 2007 by the ...

More than two dozen local employees of a Texas-based oil field services company will be let go next month amid the continuing slowdown in Kern County crude production. Schlumberger, also known as ...

R ight around noon on Oct. 10, 2019, just outside Pecos, Texas, in the Permian oil patch, Jeff Springman bends down to the desert floor, grabs some dirt, tosses it in the air to see which way the ...

Electrification reduces diesel consumption and emissions from oilfield operations. Many oil companies executives are concerned about the cost of going electric. Costs and access to the grid are ...

One of Longview's more notable economic assets, the East Texas Oil Field contributes greatly to ... An index above 100 signifies that the family has surplus income.

California will accelerate cleanup of the state’s idle oil wells, shut down one low-producing oilfield and allow cities and counties to restrict oil drilling under three measures that Gov.

OSLO, Sept 3 (Reuters) - Norway's Aker BP (AKRBP.OL), opens new tab has started production at its Tyrving offshore oilfield, as the Norwegian government seeks to overturn a court ruling that its ...

In March, the appeals court put the injunction against the oilfield developments on hold. Hearings in the trial beginning on Wednesday will continue until September 12. At the end of the hearings ...

The rule also aims to encourage more recycling of the drilling wastewater, which can be five to eight times saltier than ocean water and, like other oilfield waste, is often laced with fracking ...

The project would provide artificial lifts for the project’s second phase, aimed at boosting oil output at the giant oilfield, one of the people told Upstream. “Robt Stone has received the EPC ...