Anadarko Petroleum said Thursday it has agreed to pay creditors and government officials $5.15 billion to settle a half-decade of legal battles over allegations that a subsidiary had improperly transferred environmental liabilities to a spin-off company nine years ago.
Billions of barrels of untapped shale oil in the U.S. are counted by companies relying on limited drilling history that exaggerate future production, casting doubt on how close the U.S. is to energy independence.
My first project with Google Glass applied to the oil & gas industry was a simple demonstration of some of the information engineers could potentially pull up in the field. A few weeks ago I gave a demonstration of a related project I’m working on in my free time, called “the Digital Tally Book”. I […]
Coast Guard investigators on Thursday rapped Shell Oil Co. and its contractors for failing to heed the dangers of towing a drilling rig across stormy Alaska waters in late 2012 — a voyage that ended when it ran aground on New Year’s Eve.
The board of Geneva-based oil field service firm Weatherford International has voted to shift its corporate headquarters to Ireland later this year, six months after the Swiss government handed investors authority to rein in top-drawer executive pay.
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