Business/economics
The firm’s latest analysis puts the bulk of the blame on a fragmented supply chain.
The supermajor said the fields are not expected to contribute meaningfully to its production profile by 2030.
Output is rising fast in the South American shale play and putting Argentina on a course to soon reach 1 million B/D.
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A recent survey presented by the Dallas Fed offers hints to why production in Texas and neighboring states has not seen a boost from rising prices. One big problem? Workers. -
The consortium partners are focused on revitalizing mature fields.
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Northeast Pennsylvania producer was formed in 2017 after the purchase of Shell-operated properties.
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Lagoon becomes a multibasin player in water management while WES locks down assets that could drive future deals.
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Shell is getting out of the Permian by selling out to ConocoPhillips, which has added to its bets in the west Texas play for the second year in a row.
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The Mexican state oil company’s increased spending plan is designed to turn around flagging oil production.
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Canadian midstream giant adds key US oil export capacity via private-equity exit.
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ADNOC will purchase eight FlexRigs while H&P invests in ADNOC Drilling’s planned public offering.
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A group of oil and gas executives and bitcoin miners mingled in a warehouse in Houston recently. One big topic of discussion: using stranded natural gas to power bitcoin mining rigs, which both reduces greenhouse-gas emissions and makes money for the gas providers, as well as the miners.
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Brazilian state oil company will charter two pipelay support vessels for 3 years plus options.
