Business/economics
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.
The Federal Reserve Bank of Dallas’ fourth-quarter energy survey shows that oil prices and geopolitical uncertainty are curbing enthusiasm heading into the new year.
-
A new Eni/Petronas venture is targeting 500,000 BOE/D in output from combined upstream portfolios across Malaysia and Indonesia.
-
The merger creates one of the largest oil-focused independents in the US with output of 526,000 BOE/D.
-
BPX Energy will retain operatorship of the assets after the sale of its interests to private investment firm Sixth Street is complete.
-
SPE and The Open Group have signed a memorandum of understanding to advance collaboration and innovation in the global energy industry.
-
Thailand’s PTTEP is partnering with subsea joint venture SLB OneSubsea to expand capacity across two fields offshore Malaysia.
-
This paper presents an approach to subsea hydrate-risk management based on the understanding that some crudes have induction properties that delay hydrate formation even when the pressure and temperature conditions reach the hydrate thermodynamic region.
-
With inventories swelling and China’s stockpiling nearing its limit, global oil prices may be running out of room to hide.
-
The global oilfield service company is working with Ormat Technologies to boost its integrated geothermal business.
-
The service company said the cancellation of a 2-GW offshore wind project in the Netherlands means its restructuring plan can no longer be delivered.
-
JERA joins Tokyo Gas as a player in the Haynesville as Japan targets the US Gulf Coast as key to building global LNG supply chains.