Business/economics
A new licensing deal with ZL Chemicals will make Chevron’s unconventional EOR technology available to other tight-oil producers.
Crude benchmarks spiked amid concerns that the US-Iran ceasefire is collapsing as commercial shipping comes under renewed attack.
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.
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Opponents of Colorado’s New Oil and Gas Regulation Law Won’t Try To Repeal It—at Least Not This YearOpponents had planned to ask voters in November 2019 to repeal and replace the law, but the Colorado secretary of state's office has rejected four versions of their proposed ballot initiative.
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The deal will bolster Arabian Drilling Company’s fleet to 67 rigs across the Middle East and North Africa.
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The pact, which builds on the firms’ current partnership on the Buckskin project, covers four Keathley Canyon blocks including the Leon and Moccasin discoveries.
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In the shale oil business, cash flow is a life or death issue. For smaller players, money from investors and lenders is getting harder to find.
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Keen on Anadarko for a while, Occidental Petroleum is ready to do battle with Chevron for the big independent.
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The web-based interactive tool provides users specialized “ocean neighborhood analyses,” including maps and graphics by analyzing more than 100 ocean datasets instantaneously.
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With the purchase, the growing, privately-held Chrysaor Holdings will expand its UK North Sea production to 185,000 BOE/D.
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Thirteen companies placed bids on 18 blocks in the Austral, North Argentina, and Malvinas West basins as part of Argentina’s first open bid round for offshore acreage in more than 20 years.
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While some try to put the two enormous oil producers toe-to-toe, the best thing to do might be to understand why they are different.