Business/economics
War-related damage to oil and gas facilities is expected to disrupt global supply chains for years, as backlogs for critical equipment continue to grow, Rystad Energy reports.
TotalEnergies will instead invest in the Rio Grande LNG plant, upstream conventional oil development in the US Gulf of Mexico, and shale-gas production.
ExxonMobil's Jason Gahr uses the five stages of grief to explain how the upstream industry should respond to the rise of AI.
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As Azerbaijan prepares to host COP29, JPT looks back at how the country prospered for millennia on its largess of oil and gas and its unique geography along the ancient Silk Road that today is traversed by pipelines delivering gas and oil to Europe from the depths of the Caspian Sea. -
By acquiring Eni’s two producing shallow-water assets, Hilcorp will become the largest offshore oil producer on Alaska’s North Slope.
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The acquisition underscores the rapid rise of the unconventional oil play in northeastern Utah that producers claim offers better margins than the Permian Basin.
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The project's floating LNG facility will be installed in the traditional territory of the Haisla Nation on Canada’s West Coast.
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After another year of significant consolidation in the US shale sector, Enverus has released its annual list of the nation's largest private exploration companies.
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Supermajor expands its global LNG footprint in a deal that will grow its presence in Asia and Europe.
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The Dallas-based tight oil producer will gain 33,500 acres and approximately 25,500 BOE/D from the latest deal to reshape the US shale sector.
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The two Houston area-based companies have struck an agreement valued at almost $1.6 billion.
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An economic analysis of a wellbore methodology in natural gas fields that uses gasification of methane within the wellbore (not within the reservoir) for hydrogen production while incorporating simultaneous sequestration of carbon. This new methodology offers significant energy and cost savings in addition to zero carbon being produced to the surface.
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Occidental Petroleum is teaming up with its largest shareholder, Berkshire Hathaway, to commercialize lithium extraction in California.
