At the Offshore Technology Conference on Wednesday, Dan Kluk, a mechanical and systems engineer at Houston-based Stress Engineering Services, offered a paper on a real-time riser fatigue monitoring system that has been tested in deep waters.  More »

U.S. crude inventories probably rose from a 82-year high as domestic output remained near the most in two decades and demand fell, a Bloomberg survey showed.  More »

Each day of drilling a deepwater well can cost an oil and gas operator $1 million or more, and costs are adding up for the offshore industry. So, maximizing the returns from the reservoirs that feed those undersea wells has become more important.  More »

Universities and oil and gas firms are sharing resources, technology and thinkers more today than ever before in an effort to promote each other’s priorities and solve a staffing shortage of engineers in some fields.  More »

Oil company BP says it is selling its majority stake in Brazil’s Polvo oil field for $135 million in cash to HRT Oil & Gas.  More »

This is the Illinois that many people never see — the sparsely populated southern tip where flat farmland gives way to rolling hills, rocky outcrops, thick forests and cypress swamps.  More »

The wreckage caused by China’s great, juddering slowdown continues to spread far beyond the country’s shores. Although most commodities enjoyed a bounce on May 3, after better-than-expected U.S. employment data, the plunge in their prices over the past few months suggests the past decade’s rally is truly broken.  More »

PDVSA, which accounts for 96 percent of the country’s export earnings, no longer “generates enough income to cover all its costs and finance its commitments,” said Pedro Luis Rodriguez Sosa, an energy expert at the Institute for Advanced Studies in Administration in Caracas.  More »

A decade ago, large investors in so-called clean technology had a straightforward goal: finance companies that would help eliminate the world’s dependence on oil, natural gas and coal.  More »

Technology created an energy revolution over the past decade — just not the one we expected.  More »

Alaskans can “legitimately expect” billions of dollars more in new investment in the next few years under the tax changes recently approved by the state Legislature, Gov. Sean Parnell said.  More »

The future of the U.K.’s 40-year-old oil and gas industry lies on a stretch of windswept bogland in the Shetland islands 200 kilometers (124 miles) north of Scotland.  More »