Business/economics
The proposed joint venture aligns with Eni's satellite model strategy to create entities that manage operations and access capital markets separately from the parent company.
The supermajor is making a major course correction as it plans to slash renewable investment and focus more on oil and gas development.
Key drivers of the rapid growth projection include Asia’s economic outlook and the rise of artificial intelligence.
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The engineering and construction firms take the first steps toward combining companies. -
The Midland, Texas-based operator said the deal hands it the biggest remaining target in the Midland Basin side of the Permian Basin.
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Equinor will reduce investments in renewables over the next 2 years by 50% to $5 billion and will increase its focus on oil and gas production, expecting more than 10% growth from 2024 to 2027.
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Analysts at Enverus Intelligence Research and Rystad Energy report that US shale consolidation has largely run its course.
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Global offshore decommissioning projects hear the starting gun in Australia and the North Sea, but will the race be a marathon or a sprint?
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Diversified Energy announces its largest deal yet to buy private equity-owned Maverick Natural Resources.
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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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The agreement aims to accelerate new commercial technologies that address challenges with geothermal development.
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Rystad Energy and Wood Mackenzie highlight key factors shaping the balancing act in the upstream oil market.
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Aramco expects to complete Phase 1 construction of the 9-mtpa facility in 2027.
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