Business/economics
The Göktepe-3 discovery boosts Turkey’s gas reserve estimates by 10%, supporting Ankara’s ambitions to become a regional gas export hub.
Aramco’s latest MOUs focus on driving innovation and growth across oil, gas, and downstream sectors.
Strathcona doubles down on heavy oil—sells Montney assets for nearly CAD 3 billion, grabs Canada’s top crude-by-rail hub, and sets sights on MEG Energy in bold growth move.
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Rig counts are down since 2023, but well productivity is marching forward. -
The deal comes only weeks after the private equity firm purchased a natural gas-fired plant operator.
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Cost concerns temper public appetite for clean energy while companies struggle to find investors for projects.
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Shell moves its focus to other areas of the UK North Sea while ExxonMobil is making its final exit.
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High prices for untapped drilling locations in the Permian Basin have sparked some new trends in the tight oil dealmaking space.
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The acquisition marks a significant step forward in H&P’s international expansion strategy.
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The Louisiana-based private producer is taking on more assets previously owned by Shell as it looks to secure its deepwater future.
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Automated workflow unifies geological, completion, and production data to inform speedier, better investment decisions for nonoperated assets.
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As Azerbaijan prepares to host COP29, JPT looks back at how the country prospered for millennia on its largess of oil and gas and its unique geography along the ancient Silk Road that today is traversed by pipelines delivering gas and oil to Europe from the depths of the Caspian Sea.
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By acquiring Eni’s two producing shallow-water assets, Hilcorp will become the largest offshore oil producer on Alaska’s North Slope.
