Business/economics
Schneider Electric says the deal advances its vision of creating intelligent industrial ecosystems that connect physical assets with digital insights across the asset life cycle.
The firm’s latest analysis puts the bulk of the blame on a fragmented supply chain.
The supermajor said the fields are not expected to contribute meaningfully to its production profile by 2030.
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India may be the second country to lease space in the US SPR. Capacity at the SPR has been building for the past 5 weeks. -
A new report from the IEA forecasts the global oil and gas industry will suffer a $1-trillion loss in revenue as a global pandemic saps demand and crushes prices. It might also set the stage for a price swing in the next few years.
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Schlumberger plans to restructure by focusing on basins and divisions in line with customers’ E&P workflows.
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Gasoline and diesel demand are set to increase YoY beginning in Q3 2020.
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Production from Train 3 comes almost a month after reaching its final commissioning stage. Commercial operations will follow testing and authorization from FERC.
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Senior oil and gas professionals see hydrogen as a significant part of the global energy mix by 2030.
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As operators feel the pinch of low oil prices, so, too, do their service providers.
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The JV continues KBR’s work history in Kazakhstan. The company has worked on various projects in the country since 1993.
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FID on RGLNG was originally expected in 2019, before it was pushed to Q1 2020. NextDecade will continue to develop and de-risk the project.
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The oilfield services company's Tubular Running Service was recognized for reducing costs, maximizing safety.
