Like many industries today, the oil industry is trying to sell its many job opportunities to the fastest growing portion of the global workforce: Millennials.
Oil Mining News
World number one miner's Pilbara mines produce 268m tonnes for the year, but strike at Escondida sees copper output slide 16%.
OPEC exports have come under pressure this week from technical threats to oil fields, with Saudi Arabia’s Manifa problems grabbing the headlines.
UBC Okanagan researcher helps develop cheaper and faster bioreactors
Another $30 million will go to help fund 12 projects that tackle methane emissions in the province.
News come as the Calgary-based firm is trying to win over investors upset by its $17.7-billion acquisition of oil sands and natural gas assets from ConocoPhillips Co.
The unpredictability of today’s oil market is leaving some investors burned by unexpected price gyrations.
Agreement is part of plan to double investment in the sector to $25bn in eight years.
Canada will need more pipelines built through to 2030 to transport an additional 1.3 million barrels per day of oil sands production to markets across North America and around the world, according to the Canadian Association of Petroleum Producers.
Move seeks strengthening the firm’s position as energy markets recover.
The US administration will review federal plan to protect the dwindling population of greater sage grouse in 11 western states.
According to the EIA's Drilling Productivity Report, productivity (as opposed to absolute production) is set to fall next month in the Permian Basin.
The upcoming change in British Columbia’s government could stall the Canadian oil industry’s plans to compete globally by exporting crude to Asia—the world’s fastest growing refining market of which Middle Eastern producers, Russia, and now the U.S. are vying for market share.
In some counties in the U.S., especially those with lots of oil and gas activity, there are billions of gallons of waste water, brackish water, or saline water that aren’t potable for human consumption.
There is a critical need for large-scale investment and regional integration to unlock greater economic potential and mitigate risks for the energy sector in Latin America and the Caribbean, report shows.
Smart money's bullish bets on commodity futures and options slashed 64% from record high hit just three months ago.
As oil prices remain unsteady and OPEC continues to make headlines every hour, the world is focused on oil's immediate future.
Transaction could become one of the country’s one of the biggest-ever equity sales.
Since OPEC announced the production cut deal at the end of November, industry analysts have been warning that rising production from producers outside the deal—U.S. shale in particular—is effectively capping the oil price gains from that agreement.
For the last five years, crude oil has been behaving a little differently than it has in the past.
US activist investor steps up pressure on BHP to ditch petroleum. Mackenzie says company already knows what to do to lift value by 50% and double return on capital.
Move comes on the heels of calls from shareholders including activist investor Elliott Management and Australia’s Tribeca Investment Partners for a change of BHP's corporate structure.
The Lewis project would be located about 25 km northeast of Fort McMurray and could eventually produce up to 160,000 barrels a day.
Innovations in energy storage, smart grid, and electricity generation technologies will affect every part of the source-to-consumer supply chain for powering the planet.
Governments, industry players, unions expected to sign federal mining agreement this week, which aims to double investment in the sector to $25bn in eight years.