Business/economics

The authors of this paper describe the path of an operator’s successful exploration program that has integrated geologic and geophysical understanding and new technology to discover 8 billion BOE at the time of writing.

Supermajor sells Central African operations for $407 million.

Spending plans announced by oil and gas companies indicate that about 80% of their budgets are directed toward traditional E&P, efforts to reduce emissions and carbon footprints, and sustainable investment in new energy. It is reasonable to expect that with these budget increases, there will be an uptick in the employment of petroleum professionals.

Fossil fuel importers could move more quickly to renewables as a domestic alternative to buffer the impact of energy supply disruptions and rising prices.

The deal for 1 mtpa results in the planned initial phase of Port Arthur LNG plant being fully subscribed.

The acquisition of Advance Energy Partners shows that private equity groups are successfully maintaining premium valuations for core assets.

M&A market activity in the fourth quarter fell from the third-quarter high to $13 billion.

The Oklahoma City-based operator struck the first big US shale deal of 2023 as it pivots toward natural gas developments.

A big jump in the tax incentives offered for putting CO2 in the ground, hopefully forever, has set off a mad rush to sequester CO2. But is that really the best option?

When the name change was announced on 24 October, the accompanying release said the SLB name was designed to underscore “the company’s vision for a decarbonized energy future and affirming its transformation from the world’s largest oilfield services company to a global technology company focused on driving energy innovation for a balanced planet.”