SACRAMENTO, Calif. "This report quantifies what we've known for a long time that oil and gas operations are essential to the economic landscape of Los Angeles County and its communities. The report highlights that the Los Angeles County oil and gas industry represents more than 60 percent of California's total refining capacity, and operates 40+ oil fields throughout the County.
SAN FRANCISCO, Oct. 19, 2020 The global coiled tubing manufacturing market size is estimated to reach USD 1.5 billion by 2027 registering a CAGR of 2.9%, according to a new report by Grand View Research, Inc. Increasing popularity of shale reserves in the production of crude oil is projected to augment market growth over the forecast period.
SAN DIEGO, Oct. 8, 2020 Amid the growing urgency to address climate change and its impacts, San Diego Gas & Electric Company today released a comprehensive sustainability strategy with aspirational goals in the areas of environmental stewardship, clean transportation, grid modernization, community engagement, and company operations to support California's clean energy ambitions.
HOUSTON, Sept. 30, 2020 Oasis Petroleum Inc. (OAS) today announced that it has entered into a restructuring support agreement with substantially all of its lenders in Oasis Petroleum's (OAS) revolving credit facility and holders of 52% of the aggregate principal amount of the Company's bonds on a comprehensive "pre-prepackaged" restructuring plan to strengthen the Company's balance sheet and significantly...
WASHINGTON, Sept. 23, 2020 At a national summit held earlier today, representatives from the National Energy & Fuels Institute and global management consulting firm Kearney announced a plan for the heating oil industry to eliminate fossil energy use by 2050.
AUSTIN, Texas, Sept. 14, 2020 Studio X, a first-of-its-kind open innovation studio powered by Shell, launched today with three initial products to help define the future of exploration. Starting with three products focused on exploration and discovery, Studio X will immediately offer software tools, on-demand work, prize-winning challenges, mentorship opportunities, and more to energy innovators.
NEW YORK and DENVER, Sept. 10, 2020 Kimmeridge Energy Management Company, LLC, a private equity firm focused on upstream energy, today published a white paper entitled, "Charting a Path to Net Zero Emissions for Oil & Gas Production." Climate change represents a long-term threat to society and the Energy sector faces increased scrutiny for its contribution to it.
LONDON, ARMONK, N.Y. and RALEIGH, N.C. Schlumberger, IBM (IBM) and Red Hat, announced today a collaboration to accelerate digital transformation across the oil and gas industry. Collaborative development will initially focus on two key areas: Through the agreement with IBM (IBM) and Red Hat, Schlumberger has committed to the exclusive use of Red Hat OpenShift.
HOUSTON, Aug. 31, 2020 Bruin E&P Partners, LLC and its subsidiaries, an exploration and production company with assets in the Williston Basin, North Dakota, today announced that it has completed its restructuring process and has emerged from Chapter 11.
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