BP To Cut 14% of Workforce
The supermajor will cut 10,000 jobs by year end.
Drive for Innovative Technologies Leads Industry to Unconventional Sources
Emerging technologies from medical science and the aerospace industry could have a disruptive impact on oil and gas operations. A panel of scientists looked into these technologies and discussed their potential role in the industry.
Shell Expands Investments in Solar Energy
Shell invested in a Singapore solar company and signed an agreement to purchase a Texas company with solar and other renewable assets. Along with its minority stake in a company that uses solar to generate steam for EOR in the Middle East, Shell catches some rays in the Asia Pacific, US, and Oman.
Heavy-Oil Technology May Be a Perfect Fit for Geothermal Power
A Canadian research organization believes the country’s oilfield technology could help another energy sector drive down its costs and it may work out for heavy oil producers too.
Solar EOR Firm Looks To Heat Up the Competition
In thermal enhanced oil recovery there is one big ingredient: steam. A new startup from Germany believes it has found the oil industry’s cheapest way to make it.
Renewable Energy Tech Is Now Priced To Reduce Upstream Spending
Renewable energy is often framed as being at odds with the oil and gas industry, but new price developments in the wind and solar sectors may be changing this paradigm, according to one US energy expert.
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06 July 2020
30 June 2020