Online Assessment Tool Highlighted at GeoConvention 2021

Following several major incidents, the energy industry is keen to use only those operations practitioners who, when responsible for delivering work used in safety-critical aspects of planning and executing wells, can demonstrate their competency. The legal – and environmental – consequences of failing to prove this are serious; yet demonstrating competency can be challenging for these practitioners.

S.Korean antitrust agency fines Google $177 mln for abusing market dominance

SEOUL, Sept 14 (Reuters) – South Korea’s antitrust regulator on Tuesday fined Alphabet Inc’s (GOOGL.O) Google 207 billion won ($176.64 million), saying the U.S. technology giant abused its dominant market position to restrict competition in the mobile operating system (OS) market. The Korea Fair Trade Commission (KFTC) investigated Google for allegedly preventing local smartphone makers […]

Calix, an Australian firm, has received funding for its carbon capture technology!

Calix Ltd, based in Australia, announced on Wednesday that it has found a buyer for a stake in its carbon capture technology unit, valuing the company at A$350 million ($256 million). Calix’s stock rose 20% to a historic high only after the company announced that Carbon Direct, a New York-based investor, had invested 15 million […]

Investor group sets tough climate blueprint for Big Oil

Investors managing more than $10 trillion on Wednesday published an ambitious blueprint for energy companies seeking to tackle climate change, including sharp cuts to greenhouse gas emissions and a winding down of oil and gas production.