The OSDU Data Platform is a cloud native, open-source technology which provides the energy industry a toolbox to address the undifferentiated capabilities needed to manage large, disconnected data sets. SourceContinue Reading
Saudi Aramco overtook Apple Inc. as the world’s most valuable company, stoked by a surge in oil prices that is buoying the crude producer while adding to an inflation surge throttling demand for technology stocks. SourceContinue Reading
Saudi Aramco taking the crown of the world’s most valuable company from Apple Inc. underscores investors’ appetite for oil and gas as the countries around the globe battle rampant inflation and fear of energy shortages. SourceContinue Reading
Russia’s oil revenues are up 50% this year even as trade restrictions following the invasion of Ukraine spurred many refiners to shun its supplies, the International Energy Agency said. SourceContinue Reading
Two months after negotiators left Vienna, expectations are fading that Iran nuclear talks will resume, leaving the world with the remains of an agreement no one’s willing to pronounce dead. SourceContinue Reading
The drive to reach net zero greenhouse gas emissions by 2050 has taken a sizeable step forward with the award of two carbon storage licenses in the Southern North Sea. SourceContinue Reading
The Interior Department said it “will not move forward” with two Gulf lease auctions that were planned under former President Barack Obama “as a result of delays due to factors including conflicting court rulings.” SourceContinue Reading
A wind energy auction lease sale drew competitive winning bids from two companies – TotalEnergies Renewables USA and Duke Energy Renewables Wind – totaling approximately $315 million. SourceContinue Reading
The Energy Workforce & Technology Council honored Sen. James Inhofe (R-OK) with the “Champion of American Energy” award for his relentless and uncompromising commitment to the oilfield services industry and the domestic energy sector. SourceContinue Reading
Weekly U.S. crude oil production declined for the first time in three months, signaling that soaring costs across the oil fields may be preventing drillers from expanding output. SourceContinue Reading
