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.
Output is rising fast in the South American shale play and putting Argentina on a course to soon reach 1 million B/D.
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The service giant and a technology developer from Norway seek to create a broader market for two technologies aimed at lowering topside footprints and improved operational efficiency. -
Pioneer Natural Resources is moving to complete its second major acquisition of another shale producer in less than 6 months.
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Oil demand is expected to rise just enough this year for a small increase in OPEC production.
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The supermajor would be the second to conduct a hydraulic fracturing pilot project in the country.
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Students seeking internships and permanent employment are being challenged like no other time in the history of our industry. Along with guidance, SPE President Tom Blasingame shares his outlook on the future of the oil and gas industry and the opportunities it offers.
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The government of Oman has transferred its stake in one of the Middle East’s largest oil blocks to a newly established firm. By royal decree, the new, state-controlled Energy Development Oman (EDO) will hold the country’s 60% stake in Block 6. The stake was moved from Petroleum Development Oman (PDO), another government-run company.
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Oil major sells its holdings in Egypt’s Western Desert.
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Once heralded as a major achievement of Mexico's energy reforms designed to entice foreign investment, control of the Zama field has been in dispute for 2 years and is now likely to be decided by industry regulators.
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Oil prices are up and so is the outlook for companies at the heart of the US unconventional oil sector, but they still have their concerns.
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The energy unit of the London-based multinational chemical company is seeking to bolster its ownership of operated offshore assets.
