Business/economics
EY reports an 11% decline in reserve additions and the first sub-100% reserve replacement ratio since 2021, even as crude output climbed.
Superior seeks to expand its international footprint through the acquisition, which is reportedly valued at $1.2 billion.
By acquiring 100% of Ventura’s outstanding shares, SED Energy Holdings would scale its business into a combined $1 billion company backed by a $1.3 billion contract backlog focused on deepwater drilling, shallow-water tender rigs, and seismic acquisition.
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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.
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Long the subject of rumored deals, Endeavor Energy is being snapped up at last in a deal valued at $26 billion.
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The company looks to focus its efforts on getting phase one of its Driftwood LNG up and running by shedding Haynesville acreage.
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Executives from BKV Corp. share why the mid-sized natural gas producer is diving headfirst into carbon sequestration projects and why you should too.
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Longtime JPT Technology Editor Dennis Denney discusses his career at SPE and the development of the magazine’s Technology Focus feature.
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Two supermajors exit California, and the US put the brakes on permits to export LNG.
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COP28’s “last in, last out” approach lets developing countries profit from oil and gas now to invest later in a clean energy future.
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Oil giant looks to shed Canadian tight-oil assets as it moves to wrap up merger with rival Hess.
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At more than $140 billion, M&A market activity in the fourth quarter delivered the best showing of the year.
