Business/economics
Even as industry faces policy and tariff uncertainty, companies view spending on digital transformation as a driver of efficiency.
In lifting force majeure, TotalEnergies says it will restart construction on its Mozambique LNG project as soon as the government agrees to a revised budget and schedule which targets shipping first product in 2029.
A new Eni/Petronas venture is targeting 500,000 BOE/D in output from combined upstream portfolios across Malaysia and Indonesia.
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The merger creates one of the largest oil-focused independents in the US with output of 526,000 BOE/D. -
BPX Energy will retain operatorship of the assets after the sale of its interests to private investment firm Sixth Street is complete.
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SPE and The Open Group have signed a memorandum of understanding to advance collaboration and innovation in the global energy industry.
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Thailand’s PTTEP is partnering with subsea joint venture SLB OneSubsea to expand capacity across two fields offshore Malaysia.
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With inventories swelling and China’s stockpiling nearing its limit, global oil prices may be running out of room to hide.
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This paper presents an approach to subsea hydrate-risk management based on the understanding that some crudes have induction properties that delay hydrate formation even when the pressure and temperature conditions reach the hydrate thermodynamic region.
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The global oilfield service company is working with Ormat Technologies to boost its integrated geothermal business.
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The service company said the cancellation of a 2-GW offshore wind project in the Netherlands means its restructuring plan can no longer be delivered.
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JERA joins Tokyo Gas as a player in the Haynesville as Japan targets the US Gulf Coast as key to building global LNG supply chains.
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Although the global total drilling rig supply is tightening as contractors sell off modern units for nondrilling purposes, day rates are expected to remain flat or dip in the near term, according to an analysis by Esgian.
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