Business/economics
The $1.3-billion deal targets DJ Basin assets producing 35,000 BOEPD, and Japex aims to increase that output to 50,000 BOEPD around 2030.
The Nigerian Upstream Petroleum Regulatory Commission has set its sights on anti-corruption efforts for the 2025 Licensing Round, which began on 1 December.
The latest corporate plan drops the amount the company says it will invest in low-carbon efforts by $10 billion from last year’s plan.
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The capability of modern wellbore surveying to increase asset value through improved subsurface modeling and completion-equipment placement is being overlooked by managers of operating companies. -
This study ascertains the capital expenditure and operating expenditure associated with the reuse of existing facilities, specifically regarding a carbon capture and storage project being prepared in South Korea.
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Data and impartial viewpoints can help de-risk exploration portfolios and keep resource estimates in check.
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Alaskan oil is entering a renaissance driven by a predicted 13% upswing in 2026 production, the largest since the 1980s, and a possible reboot of LNG exports to Asia from the Kenai Peninsula, supplied via pipeline from the North Slope.
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Of the total approved by ADNOC’s board, $50 billion will be invested in Canada under a framework agreement targeting projects in AI, energy, and mining.
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Westwood Energy analysts suggest operators have an opportunity to secure rigs at lower rates for their 2027 drilling programs.
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Proposed and final notices of sale represent nearly 80 million acres in the Gulf of Mexico and approximately 1 million acres in Alaska’s Cook Inlet.
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The US and UK sanctioned Russian independent Lukoil International and state-owned Rosneft in a bid to pressure Russia over Ukraine.
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Ranger acquires American Well Services for $90.5 million, adding 39 workover rigs and boosting its fleet by 25%.
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Even as industry faces policy and tariff uncertainty, companies view spending on digital transformation as a driver of efficiency.
