Schlumberger, Microsoft to offer advanced technologies for energy industry
The Schlumberger Enterprise Data Management Solution for the OSDU Data Platform is the first offering introduced by the…
Fossil fuel extraction
Exxon caps difficult 2020 with $20.1bn fourth-quarter loss
03 Feb 21The US oil giant reported a heavy loss in the final three months of 2020, driven by impairment…
Challenges ahead for Alaska oil drilling, despite controversial green light
20 Aug 20Environmental pushback and industry downturn threaten to disrupt Trump administration plans to open up protected Alaska wilderness to…
Angola’s oil strategy under threat as pandemic triggers industry spending cuts
15 Jul 20Angola has designed a six-year plan to develop new oil assets, but as producers scale back their capital…
UN diplomat Christiana Figueres on renewable energy growth and Covid-19 green recovery plans
17 Jun 20The former UNFCCC executive secretary wants countries to develop green economic recovery plans for a post-coronavirus world
How the 1989 Exxon Valdez oil spill unfolded and its impact on the energy industry
05 Jun 20The disaster led to the passage of the Oil Pollution Act 1990, which increased penalties for companies that…
Saudi Arabia, the oil price war and Newcastle United: What a Premier League club takeover says about energy transition and Vision 2030
01 Jun 20The Saudi Arabia Public Investment Fund is on the cusp of a £300m takeover of the Premier League…
Global energy investment on brink of historic $400bn annual decline
27 May 20Coronavirus is expected to wipe around 20% from spending plans across all energy sectors this year, according to…
Is the oil industry showing signs of recovery from the coronavirus market crisis?
19 May 20This year is poised to become the worst in the oil industry's colourful history as Covid-19 wreaks havoc…
Has Trump lived up to his promise to revive the US coal industry?
19 May 20Over the past decade, more than 50 coal companies have gone bankrupt and over 100GW of coal capacity…