Financial TimesEni reports record oil and gas productionFinancial TimesEni delivered its new projects despite a 40 per cent reduction in capital expenditure on upstream development since crude prices crashed in 2014. Similar cuts have been reported across …

InsideClimate NewsFar More Methane Leaking at Oil, Gas Sites in Pennsylvania than ReportedInsideClimate NewsLeaks of methane, a powerful greenhouse gas, from oil and gas sites in Pennsylvania could be five times greater than industry reports to state regul …

BloombergBig Oil CEOs Urge Norway to Throw a Lifeline to Carbon CaptureBloombergNorway, which had to abandon a full-scale CCS project in the past, now plans to have emissions from as many as three industrial sites in the country's east shipped to the w …

Next Big FutureUS losing Navy tech lead because of electrical engineering, project management and corruption problemsNext Big FutureThere are cost-plus contracts that do not require businesses to deliver projects for a reasonable pre-negotiated price. Ther …

BloombergBig Oil CEOs Appeal to Norway to Back Carbon Capture and StorageBloombergNorway, which had to abandon a full-scale CCS project in the past, now plans to have emissions from as many as three industrial sites in the country's east shipped to the …

BloombergAmid Weak Oil Demand, Shell Makes Another Bet on RenewablesBloombergRoyal Dutch Shell Plc, the Anglo-Dutch oil and natural gas producer, is expanding its bet on renewable energy. Shell's North American unit agreed to provide a credit line for …

MarketWatchOil stretches losing streak to a fifth sessionMarketWatchOil extended its losing streak to a fifth session on Thursday, with prices for the U.S. benchmark ending at the lowest in five weeks, a day after data showed record weekly U.S. crude outpu …

India To Boost Oil Refining Capacity By 77%OilPrice.comIndia plans to increase its crude oil refining capacity by 77 percent to 438.65 million tons, or more than 8 million bpd, a government report has revealed. The increase would happen gradually over the …

BloombergAlberta Forest Town Shakes as Frackers Drill for Light OilBloombergOn the other hand, drilling has been so intense near Fox Creek that its been linked to a series of earthquakes. One tremor measured 4.6 in magnitude, one of the two biggest human-i …

BloombergAlberta Forest Town Shakes as Shale Frackers Drill for Light OilBloombergOne tremor measured 4.6 in magnitude, one of the two biggest human-induced seismic event in Canada's history, Honn Kao, research scientist at the Geological Survey of Can …