Business/economics
The Göktepe-3 discovery boosts Turkey’s gas reserve estimates by 10%, supporting Ankara’s ambitions to become a regional gas export hub.
Aramco’s latest MOUs focus on driving innovation and growth across oil, gas, and downstream sectors.
Strathcona doubles down on heavy oil—sells Montney assets for nearly CAD 3 billion, grabs Canada’s top crude-by-rail hub, and sets sights on MEG Energy in bold growth move.
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The best wells in which to find lithium are in old conventional fields where rusty pump jacks are pulling out mostly water. -
The oil and gas industry’s sustainability and success depend on its ability to cultivate and nurture a skilled and knowledgeable workforce.
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Higher oil prices and increased demand resulted in better returns for oilfield service companies.
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The all-stock transaction is the second megadeal to rock the energy industry this month.
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A drop in the number of wells drilled on the UK Continental Slope is concerning as many fields in the mature basin are reaching the point of production cessation.
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The nearly $60-billion deal will see ExxonMobil more than double its Permian Basin output to over 1.3 million BOED.
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In recent weeks, we have seen headlines heralding the surge in M&A activity in the US shale sector. While the large figures might grab the headlines, the path to realizing these synergies on a company's P&L is littered with operational and supply chain challenges.
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The robot company said it plans to integrate 3D at Depth’s LiDAR inspection technology after the all-stock acquisition.
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French supermajor sells its pair of oil sands assets to focus capital on its oil and gas assets with low breakeven.
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The latest deal from Denver-based Civitas Resources brings its spending total this year to almost $7 billion.
