Exxon Mobil, ExxonMobil, Jeff Woodbury, profit, earnings, fourth, quarter, production, oil, gas

ExxonMobil Profits Fall As Oil Production Rises

The company reported a 58% drop in earnings for fourth-quarter 2015 over the same quarter last year, down to $2.8 billion.

Small Oil Pools Can Produce Big Results For UK North Sea

With about 210 small pools already discovered but not yet developed, reducing costs by half would make the development of those 150 fields economically viable, according to a speaker at Subsea Expo.

Leading With Lean: Hess Increases Efficiency, Lowers Costs

Through a radical shift in thinking, the company finds that success is repeatable with its ‘army of problem solvers.’

Technip, Thierry Pilenko, GE Oil & Gas, meeting, standardization, simplification, oil, gas

Simplicity Becomes New Watchword For Oil, Gas Sector

Simplification, standardization and collaboration are the new call to arms for the oil and gas industry.

North Sea, production, FPSO, BP, Glen Lyon, Quad 204

Battle Ahead For UK North Sea

Oil & Gas UK warns of tough times ahead for the North Sea, but projects due to come onstream offer a glimmer of hope.