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The US Department of Energy has extended export terms for seven long-term LNG licenses until 2050. The extension affects projects currently under construction or pending the start of construction.
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Within the race for renewables, oil and gas companies are finding themselves in a proverbial rut as they reassess existing profitable models with future energy transition plans. What adds more difficulty is the question of speed in which companies pursue this conundrum.
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Just a few weeks after the Colorado Oil and Gas Conservation Commission's final approval of a statewide 2,000-ft setback between new wells and some buildings, Boulder County commissioners have adopted even stricter requirements.
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China independent distributor Jiasheng Gas Co. is set to build a $380-million LNG storage and receiving facility in east China, as the country opens up to more private participation and investments surge in LNG import terminals.
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Six international and Egyptian companies will search for oil and gas in the Mediterranean and Red Sea with the drilling of 17 new exploration wells.
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Mozambique said its security forces repelled an attack by Islamist insurgents on a town close to the site where Total is building a $20 billion natural gas facility.
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Production has started on the Mahani field in Concession Area B of the Sharjah Emirate, the first startup from a new discovery onshore Sharjah in 37 years.
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This paper addresses both tangible and intangible benefits that communities have received and quality-of-life enhancements in the communities, as well as the key performance indicators used to measure performance for operational excellence, community development, and project/program evaluation.
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The all-stock deal doubled Liberty’s working pressure-pumping capacity without adding any debt to its balance sheet, while Schlumberger retains a 37% equity interest.
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The two Calgary-based heavy-oil companies have closed on their all-stock deal that was valued at around $2.9 billion when it was announced in October.