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.

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.

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.

Chevron, John Watson, earnings, fourth-quarter, production, LNG, Gorgon, Wheatstone, divest, asset

Chevron Sees Red: Profits Fall, Production Grows

The company is progressing with major upstream projects and becoming more efficient as it looks to grow production, sell assets and further reduce spending.