Business/economics
The deal between the Republic of the Congo and the Chinese oil and gas company aims to develop the Banga Kayo, Holmoni, and Cayo blocks and raise national oil output to 200,000 B/D by 2030.
The companies said they plan to start deploying digital twin technologies in Oman this year.
Egypt’s newest round of drilling agreements advances its quest to boost investment in mature fields to stop the freefall in gas production.
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Occidental Petroleum is teaming up with its largest shareholder, Berkshire Hathaway, to commercialize lithium extraction in California. -
Hunt Energy Network invested $10 million into Quidnet to help scale up the company’s concept for geopressured energy storage to the tune of 300 MW.
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JPT’s first year of publication was one of groundbreaking events that would transform the global petroleum industry. A recap of developments in 1949 emphasizes the high hopes attached to the industry—and the ambitious goals of the new magazine.
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Rising natural gas production plus not enough takeaway capacity equals one big headache for west Texas producers
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The Houston-based independent will become the top producer in the Eagle Ford Shale with an output of 400,000 BOE/D and is eyeing 1,000 wells to refracture.
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A new report finds the need for political, regulatory, and fiscal alignment to ensure a just and fair transition.
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The acquisition of SilverBow Resources gives Crescent Energy a pro forma output of 250,000 BOE/D.
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SponsoredWhich criterion do you rely on to make mutually exclusive decisions: Net Present Value or Rate of Return? When NPV and ROR are not in agreement, you must develop a proper incremental analysis to make the best economic choice.
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Company with large, Texas-based LNG facility currently under construction reveals financial woes in recent regulatory filings.
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The new award accompanies the creation of an unconventional drilling subsidiary and potential equity deals with SLB and Patterson-UTI.
