Business/economics
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.
Ultradeepwater prospects along the northern coast of Brazil could help offset decline in legacy basins, though permitting hurdles remain a wild card.
-
BP will offer up development concessions while ADNOC will provide cash for growth opportunities.
-
Sales price will be linked to the Japan Korea Marker for a 20-year period.
-
Long the subject of rumored deals, Endeavor Energy is being snapped up at last in a deal valued at $26 billion.
-
The company looks to focus its efforts on getting phase one of its Driftwood LNG up and running by shedding Haynesville acreage.
-
Executives from BKV Corp. share why the mid-sized natural gas producer is diving headfirst into carbon sequestration projects and why you should too.
-
Longtime JPT Technology Editor Dennis Denney discusses his career at SPE and the development of the magazine’s Technology Focus feature.
-
Two supermajors exit California, and the US put the brakes on permits to export LNG.
-
COP28’s “last in, last out” approach lets developing countries profit from oil and gas now to invest later in a clean energy future.
-
Oil giant looks to shed Canadian tight-oil assets as it moves to wrap up merger with rival Hess.
-
At more than $140 billion, M&A market activity in the fourth quarter delivered the best showing of the year.