Business/economics
After a decade and a half of declining production, Uzbekistan, ranked 15th worldwide in gas output, has been seeking foreign partners to revive and reverse the fortunes of its oil and gas industry.
While often associated with smaller discoveries, subsea tiebacks are playing a growing role in contributing to the broader energy mix.
The Houston-based enhanced geothermal developer scored $1.9 billion in an initial public offering, positioning it to expand projects in Utah and Nevada.
-
The leadership change comes amid a downturn in global crude prices which has lowered the national oil company’s revenues this year. Taking over the position will be the current chief financial officer. -
Although oil prices were down on 8 June, the market is expected to see higher prices in response to the OPEC+ decision to continue production cuts.
-
Forecasts are lowered for levels of E&P, budgets, and project sanctioning.
-
The Permian Basin is now influencing the upstream water market on the way down, while many questions swirl around the implications of unprecedented shut-ins.
-
The economic impact report looked at scenarios involving current policies and potential bans on both drilling permits and offshore leases.
-
-
Country had hoped to boost oil output and bring in much-needed revenues.
-
Mississippi land no longer up for grabs, as the fed continues to postpone or cancel the sale of public parcels.
-
The fire at the Terra Nova FPSO comes 6 months after C-NLOPB found Suncor noncompliant with regulatory requirements and suspended operations.
-
For years Canadian heavy-oil production exceeded the volumes pipelines could handle.
