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.
Ultradeepwater prospects along the northern coast of Brazil could help offset decline in legacy basins, though permitting hurdles remain a wild card.
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The US supermajor is said to have struck a deal that may make it a major supplier of lithium, which is needed to expand the US electric vehicle market. -
The deal is expected to add over $1 billion in annual free cash flow to Chevron’s bottom line.
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The award includes two LNG ‘mega’ trains with a combined capacity of 16 mtpa.
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The $540 million joint acquisition is expected to close in June.
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The deal is expected to support the LNG exporter’s Sabine Pass liquefaction expansion project.
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This paper describes an approach implemented by the operator to solve research and development challenges by creating in-house infrastructure of both software and hardware.
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The French supermajor calls deal "more straightforward" than spin-off of business.
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Regulator hits the brakes on any Jeanne d’Arc Basin acreage offerings for 2023.
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Sinopec becomes the first Asian equity holder in the NFE expansion after having signed a 27-year sales and purchase agreement with Qatar, the longest term in the industry.
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A new report from Rystad Energy sees strong labor wage growth testing the budgets of US shale operators.
