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The oil and gas industry is at a crossroads

Oil and gas companies must embrace sustainability in today’s transforming energy landscape or risk losing to competitors who are redefining their approach to business, says world renowned thought-leader Jon Duschinsky. The globally acclaimed thinker and speaker on engagement, leadership, and ...

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British oil & gas industry forced to slash thousands more jobs

Britain’s oil and gas industry is set for further funding cuts and job losses despite the sector having already slashed its workforce by over 65,000 since mid-2013. Trade association Oil & Gas UK, which describes itself as the voice of ...

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Supporting UK energy security

The UK Energy Bill is part of the government’s long term plan to back business, create jobs to provide lasting economic security for working people, and secure the recovery for the benefit of families across the UK. The Bill also ...

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Low oil prices drain experience from energy industry

The oil and gas industry has long fretted over a potential labor shortage as thousands of older workers retire from the oil patch. Low oil prices threaten to worsen labor woes, Todd Hornbeck, CEO of Covington-based Hornbeck Offshore Services, said Wednesday ...

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The oil and gas industry’s data problem

If the oil and gas industry wants to get a handle on the massive amount of data it produces globally, it is going to need Silicon Valley, according to James Dupree, the chief operating officer of resource development and technology ...

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Oil and gas industry investing billions in Ohio infrastructure despite drilling slowdown

Despite a major downturn leading to cutbacks in jobs and drilling rigs, the oil and gas industry in Ohio continues to invest billions in new projects, a new report finds. Investment related to the field, spurred by development in the natural gas-heavy Utica ...

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Oil and gas industry to lose tens of billions in 2015

Industry revenue will be down 40 per cent from $150 billion to $90 billion in 2015. Revised oil and gas drilling activity numbers are in for this year and they’re going into an even deeper hole than originally thought. According ...

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Oil and gas industry locked into programmes

New Zealand’s oil and gas industry has consolidated some exploration plans in the face of wilting global oil prices, but largely remains locked into programmes worth hundreds of millions of dollars. A new battle may also be on the horizon ...

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DNV GL updates two recommended practices for the pipeline sector

Across the oil and gas industry, life extension of assets and infrastructure is an increasingly important issue for operators as they look to balance the integrity, safety and productivity of the asset. To reflect the changing needs of the industry, ...

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Time to step on the gas

The oil and gas industry in Egypt has experienced a rollercoaster ride in the last two decades, going from industry darling to regional laggard. Many of the factors that made Egypt a hotbed of investment have now been rendered ineffective ...

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