Canceling coal projects in the pipeline not only helps meet emission reduction targets but also presents a less expensive option compared to closing down operational coal plants, a study in Indonesia has shown.

Western sanctions on Russia have led to a rise in “shadowy oil transfers,” according to a report from S&P Global.As Russia seeks ways to get around the sanctions, more oil tankers are switching off their location transponders, known as automatic identification systems, which are designed to improve maritime safety, as well as aid in tracking the shipment of oil, the report said. This is done to obscure ship identities. Despite the safety risks, Russian oil trading is still a lucrative business, as tanker owners could make millions of dollars per voyage, the report said.

Which generation is most in demand in the oil and gas industry right now – Baby Boomers, Gen X, Millennials, or Gen Z?. The answer to that question is Millennials, Dave Mount, the President of Louisiana based OneSource Professional Search, outlined to Rigzone.

The agreement to further develop the Hengam oilfield, which straddles Iran and Oman’s offshore waters, follows an MoU signed last year

Brazilian oil giant Petrobras has issued a tender to contract a fresh batch of subsea trees and associated equipment to assist in the development of two producing units to be deployed in the ultra-deepwater section of the Sergipe-Alagoas basin.

Machine learning has the potential to transform the oil and gas industry, according to data and analytics company GlobalData.

The Unite union has confirmed that around 1,650 contractors will begin two new rounds of 48-hour strike action in June.

The intensity of methane and greenhouse gas emissions from the oil and gas sector declined 28% and 30%, respectively, between 2019 and 2021 among the largest producers in the country, according to an analysis published by the nonprofits Clean Air Task Force and Ceres.

The Inflation Reduction Act, as well as local, state, lender and utility incentives have made residential solar energy systems more attractive improvement projects for homeowners.

Santos is optimistic that by year-end it will be able to resume development drilling at its US$3.6 billion Barossa giant gas field development offshore its native Australia; and the project will still be on track for start-up in the first half of 2025 without the budget being massively derailed, said chief executive Kevin Gallagher.

State-owned China National Petroleum Corporation has won approval from the Chinese government to build three green energy production bases integrated with wind and solar energy facilities in China’s far flung Gobi Desert.

Thailand’s national upstream company PTTEP is set to imminently spud its latest wildcat on Block SK 438 offshore Sarawak, East Malaysia, where the company’s aim is to discover more gas reserves for a potential cluster development or a tie-back to existing facilities.

The IEA has underlined a disconnect between investment sentiment fueled by broader economic fears and tightening supply-demand balances.

Wildfires burning across western Canada have forced thousands of people to evacuate their homes and have prompted some oil and gas companies to curb production as blazes approach pipelines.

Santos looks set in as little as one month to shut down its Darwin liquefied natural gas project in Australia’s Northern Territory as feed gas levels from its ageing Bayu-Undan field offshore Timor-Leste fall below the level required for commercial operations.

A leading Italian engineering and construction giant has landed a sizeable offshore contract from Saudi Aramco for work on its Marjan oilfield, as a part of the Saudi state giant’s long-term agreement (LTA) with international contracting players.

Brazilian state oil company Petrobras approved a new fuel pricing policy for gasoline and diesel that will sharply lower costs for motorists, it announced on Tuesday, ditching a more market-based policy in favor of greater flexibility to smooth price swings.

Shell Plc (SHEL.L) will use AI-based technology from big-data analytics firm SparkCognition in its deep sea exploration and production to boost offshore oil output, the companies said on Wednesday.