ExxonMobil
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The cloud platform provider said the initiative is designed to help energy companies manage and analyze large-scale operational data.
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Major increases in hydrocarbon production require both incremental and revolutionary technologies, industry leaders said during the SPE Hydraulic Fracturing Technology Conference.
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This paper presents an automated workflow deployed for scheduling and validating steady-state production-well tests across more than 2,300 wells in the Permian Basin.
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Despite a 2.8% drop in liquefied natural gas exports in 2025 because of lost market share in China, Australia anticipates a 2026 rebound as new North West Shelf capacity comes online. Meanwhile, East Coast operators brace for a tsunami of wells entering the decommissioning pipeline and potential energy shortfalls necessitating LNG imports.
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A final investment decision is also expected by the end of the year for the company’s first low-carbon data center project.
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The new assessment also estimates 28.3 Tcf of technically recoverable gas in the Woodford and Barnett shales.
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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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Only about one-third of Africa’s discovered hydrocarbon resources have reached commercialization.
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A presidential decree extends ExxonMobil’s chance to possibly recoup part of the $4.6 billion loss it suffered after exiting its flagship Russian asset in spring 2022.
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Updates about global exploration and production activities and developments.
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