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With one of the world’s lowest electrification rates, Mozambique is moving to give its citizens a brighter future. Together with South Africa’s Sasol, the country endeavors to attract global EPCM companies and international financing to create a power generation hub fueled by gas from onshore fields.
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The last growing market of US land services, water disposal, is set for an all-time high in the Permian.
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Malaysia’s national oil and company will employ the technology suite in secondary recovery and well stimulation. The deal follows the service provider’s recent agreements in the Middle East.
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The first phase of the project is set for completion in 2024. As a part of the project, Equinor, Shell, and Total will establish a new joint-venture enterprise. Equinor has awarded two EPC contracts.
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The Texas oil and gas company will trim its carbon footprint in the coming years by building on a low-carbon investment that already totals more than $10 billion.
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The new deal will focus on developing Arctic onshore blocks in a region where a successful LNG project already exists.
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Shale-based associated gas production is behind the phenomenon. When oil prices do not support production, associated natural gas production also stops, with little to no consideration of natural gas prices.
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Texas’s main oil regulator has been prohibited from waiving environmental rules and fees, measures adopted to help drillers cope with the pandemic-driven slump in crude prices.
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The country has announced that it plans to phase out all oil extraction by 2050.
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The Great Plains Synfuels Plant in North Dakota has now captured 40 million metric tons of carbon dioxide, a milestone in the synthetic natural gas production facilities’ 20-year effort to lower the impacts of energy production.
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The Houston-based exploration company will work with the Abu Dhabi National Oil Company if it strikes big in the vast onshore block.
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The storage of CO2 under the seabed may add millions of tons per year to global carbon-capture totals. The finance and investment sectors are recognizing the value these projects may bring to portfolios aligned with achieving climate-change goals
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