WorldOil Shell moving ahead in Mexico deepwater, with production to wait for a new government Shell is pushing ahead on its massive deep-water drilling plan in Mexico, even as it doesn’t foresee production starting under the current government. Exxon hits 15-year low prior to new strategy rollout Exxon Mobil fell to a 15-year low on Monday just over a week before CEO Darren Woods is scheduled to present the oil explorer’s long-term strategic plan to investors and analysts. BP’s “net zero” climate plan doesn’t quite add up New BP CEO Bernard Looney's new climate plan needs an asterisk after "net zero", as the plan appears to fail to account for reduction of Scope 3 emissions. Rosneft shifts exports to affiliate, skirting U.S. sanctions on Venezuela There are already signs that the latest U.S. sanctions thrown at Venezuela are failing. 2020 Forecast - U.S. oil and gas production U.S. crude output surges, overproduction wallops gas prices Innovative strategy increases profitability of ultra-deepwater fields To solve complex issues related to developing deepwater reserves in the GOM, a common-sense approach utilizing appropriate technology enables operators to profitably capture critical dynamic reservoir data and increase ultimate recovery. What's new in production Optimizing perforation cluster efficiency Chevron reports lowest reserve-replacement ratio since 2010 Chevron’s future growth prospects may be dimming after the oil explorer pumped more crude than it discovered or bought last year, eroding its portfolio of untapped fields. IntelliView introduces automated methane leak detection system The fixed-format optical gas imaging (OGI) camera is first to integrate the GF77a Gas Find IR, FLIR System’s first uncooled infrared sensor spectrally filtered to visualize methane, sulfur dioxide and nitrous oxide in any lighting condition. Texas regulator says stricter flaring rules would increase global CO₂ levels Texas Railroad Commissioner Ryan Sitton recommends a new methodology for measuring gas flaring, saying that acting based on current measurements would only increase greenhouse gas emissions worldwide.