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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The national oil company’s aim to lift oil and gas production and reserves over the next few years will rely on growth from big international projects, including those in Nigeria, Guyana, and the US. -
Industry confidence is on the rise, and so is capital spending, according to DNV’s 2019 annual outlook.
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2019’s class of offshore projects show a wide range of potential sanctioning outcomes.
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A new report predicts that US output will rise to a new record high of 12.1 million B/D in 2020.
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By racking up exploration agreements in the United Arab Emirates, Oman, and Bahrain, Eni took a big step forward in its pledge to tap into the Middle East’s vast swaths of highly prospective oil and gas acreage.
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Ahead of the release of the Trump administration's changes to Obama-era rules governing offshore oil platforms, Michael Bromwich said he is worried. "I don't think they are in the public's interest," he said.
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Saudi Arabia is trying to push oil prices back up but US producers remain wary and uncertain.
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The decision comes after the company’s discovery of an additional 400 million bbl of oil in place at Atlantis, one of the largest fields in the gulf.
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ProPetro closed its deal to purchase Pioneer’s pressure pumping fleet, boosting its services in the Permian Basin.
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In their outlook for 2019, SPE’s technical directors suggest petroleum engineers take a moment to reflect on the industry’s great feats, and then get back to work to do things better.
