Chevron
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Rystad Energy expects the continent to account for the largest share of frontier and basin-opening wells in 2026 as operators pursue scale and untapped resources.
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Updates about global exploration and production activities and developments.
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The deal targets increased investment and production from one of the country’s largest onshore developments.
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Damage to power distribution systems prompted precautionary shutdowns at two major oil fields.
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US oil executives say large-scale investment in Venezuela will depend on governance reforms and sustainable legal protections.
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Following a US military operation to arrest Venezuela’s president, analysts say there is no easy fix for the country’s beleaguered upstream sector.
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Even as output hits record highs, a growing recognition of the Permian’s maturity is opening the door for new technologies to improve performance.
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Operators are turning to new gas-lift and nanoparticle-fluid technologies to drive up production rates.
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The Gorgon Phase 3 project aims to counter declining reservoir pressure to sustain gas supplies to Western Australia’s domestic market and support LNG exports to Asia.
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Data and impartial viewpoints can help de-risk exploration portfolios and keep resource estimates in check.
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