Shell
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Cooldown cargo is set to be delivered to Kitimat, BC, from Australia in early April, the final step prior to official startup.
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Argentina’s YPF forecasts the $3 billion oil pipeline and export terminal will carry 180,000 B/D when it goes onstream in 2026.
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Operator targeting 2029 for first production from the pre-salt gas-condensate discovery off Brazil.
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Technology and partnerships play a pivotal role in how the oil industry finds and produces energy from frontier regions and brownfields, both now and in the future.
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Key drivers of the rapid growth projection include Asia’s economic outlook and the rise of artificial intelligence.
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The operator’s sale of the US Gulf holdings is part of a larger portfolio rationalization program.
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The new Sevan-designed cylindrical FPSO is expected to flow 45,000 BOE/D at peak.
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While the court overturned approval for Shell's Jackdaw and Equinor's Rosebank projects, the companies can reapply for consent. Work on the projects can continue, but no fuels can be extracted until the government decisions are retaken.
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A Shell partnership with YPF marks a significant milestone for the Argentina LNG export facility, raising new questions about the nation’s potential to unlock the economic power of its vast shale reserves.
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International majors showing new interest in Iraq as China scoops blocks in Baghdad’s most recent bid rounds.
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