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Many of us are working remotely now, which generally means we are in our homes in makeshift cubicles or an office setup. Among the faces supporting the industry are another group of remote workers: the offshore and onshore personnel working in remote locations around the world. -
Even some free-market advocates are calling for regulators to step in and try to help pull them out of what feels like a chasm by setting production limits.
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The deal is part of the company’s divestment program targeting proceeds of $5 to 10 billion between 2018 and 2020.
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A new report shows that the worst of the ongoing downturn may be soon over. A gradual recovery to global oil markets is expected to begin in the next few weeks.
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The planned JV is for one of three LNG terminals GCL is planning to build in China.
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Not everybody suffers when US oil producers slash production. Among the beneficiaries could be US gas producers who will benefit because less oil production will mean a lot less gas on the US market.
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Exploration commitments are expected to dwindle in the current market environment.
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SponsoredFor surveying, exploration, analytics, and a whole host of processes, liberated, contextualized data tailored to the environments of E&P subsurface will empower confidence, speed, reliability, agility, and most importantly, innovation. This is how Aker BP is doing it.
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Shell remains involved in the Salym Petroleum Development JV with Gazprom after dropping out of the planned Meretoyakhaneftegaz JV.
