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BP Slashes Size of Exploration Team in Low-carbon Transition Plan

2021-01-25 11:25:00| OGI

Hundreds have left the oil exploration team in recent months, either transferred to help develop new low-carbon activities or laid off, current and former BP employees said.

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Trump Administration Cuts Size of Arctic Land Offered for Oil Auction

2020-12-21 15:21:28| OGI

In a last-minute change, the Trump administration cut about 30% of the Arctic National Wildlife Refuge territory that it plans to auction off for oil exploration on Dec. 21.

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Blockchain Startup Data Gumbo Doubles Size to Meet Demand from Oil Sector

2020-12-14 11:15:00| OGI

In addition to making 20-plus strategic new hires and increased interest in GumboNet this year, Data Gumbo also unveiled plans to expand its international footprint with new offices in Latin America and the Middle East.

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DoJ to Google: Try This Antitrust Suit on for Size

2020-10-21 13:00:00| TechNewsWorld

Google found itself in the crosshairs of government regulators Tuesday as the U.S. Justice Department filed a civil lawsuit against the tech giant for unlawfully maintaining a monopoly in online search services and in search advertising. "This is a monumental case for the Department of Justice and, more importantly, for the American consumer," U.S. Attorney General William P. Barr said in a statement.

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Chinas Sinopec Raises Shale Gas Reserve Size in Sichuan Basin

2020-10-15 14:58:15| OGI

China Petroleum and Chemical Corp. said on Oct. 15 that it has added newly proven shale gas geological reserves of 191.83 billion cubic meters (Bcm) at the Fuling gas field in the Sichuan Basin.

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