Opening Speech By HE Dr. Mohammed Bin Saleh Al-Sada, Qatar’s Minister of Energy and Industry and Alternate President of the OPEC Conference Excellencies, ladies and gentlemen, Let me begin by welcoming you all to Vienna for the 167th Meeting of the OPEC Conference. I would like to extend special welcomes to His Excellency Dr. Salah […]
Speaking at the Australian Petroleum Production and Exploration (APPEA) conference, BHP Billiton President Petroleum and Potash, Tim Cutt, today discussed the petroleum industry outlook and new sources of oil supply needed to meet future demand. “The challenge will be meeting the demand for oil at a competitive cost by the end of the next decade. […]
WASHINGTON — The U.S. Department of Labor — in partnership with the Department of Commerce, the Small Business Administration and the Appalachian Regional Commission — today announced the availability of up to $35.5 million to help communities and workers successfully adapt to changes in the coal industry and power sector. The grant is being made […]
MEXICO CITY & NEW YORK– KKR, a leading global investment firm, today announced a new joint venture with Monterra Energy (“Monterra”) to pursue investments in the midstream energy sector in Mexico. Under the agreement, KKR is making an equity commitment to Monterra for the development of new projects and acquisition of midstream assets and businesses. […]
DOHA, Qatar -ExxonMobil Research Qatar (EMRQ) today announced that ExxonMobil has awarded a global commercial license for Immersive 3D Operator Training Simulator technology to co-developer EON Reality Inc. The innovative technology incorporates ultra-realistic, multi-angle immersive virtual reality for training process operators and engineers in oil and gas production, processing and transportation facilities. The technology enables […]
After a comprehensive review and consideration of comments received from the public, stakeholders, and Federal and state partner agencies and tribes, the Bureau of Ocean Energy Management (BOEM) today conditionally approved Shell Gulf of Mexico, Inc.’s revised multi-year Exploration Plan (EP) for the Chukchi Sea. Among the conditions of approval is the requirement that Shell […]
HOUSTON — GE (NYSE: GE) today announced a new water treatment technology for the upstream oil and gas market. GE’s new seawater sulfate removal (SWSR) nanofiltration membrane eliminates almost all sulfate from injection water in offshore oil production. GE’s SWSR membrane removes sulfate to drastically reduce scale and corrosion in the injection well, which can […]
HOUSTON; – Despite current lower crude oil prices, most companies in the oil and gas industry plan to invest the same amount or more in digital technologies, according to a new survey by Accenture (NYSE: ACN) and Microsoft Corp. released today at the Microsoft Global Energy Forum 2015. Survey respondents included international oil companies (IOCs), […]
HOUSTON— At next week’s 2015 Offshore Technology Conference, GE (NYSE: GE) will demonstrate how it optimizes its cross-industry portfolio to provide game-changing value for the offshore oil and gas industry. “The key to maximizing value in this price-challenged environment lies in providing cutting-edge solutions quickly, and delivering cost savings and operational efficiency for our customers’ […]
WASHINGTON – Today, the Environmental Protection Agency (EPA) and Department of Justice (DOJ) announced that ExxonMobil Pipeline Company and Mobil Pipe Line Company (ExxonMobil) have agreed to pay civil penalties, fund an environmental project and implement corrective measures to resolve alleged violations of the Clean Water Act and state environmental laws stemming from a 2013 […]
