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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The deal will add over 460 miles of pipeline to company’s assets upon closing early next year. -
The four capital projects will enable Enterprise to send more NGLs to the Texas Gulf Coast.
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The best wells in which to find lithium are in old conventional fields where rusty pump jacks are pulling out mostly water.
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The oil and gas industry’s sustainability and success depend on its ability to cultivate and nurture a skilled and knowledgeable workforce.
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Higher oil prices and increased demand resulted in better returns for oilfield service companies.
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The all-stock transaction is the second megadeal to rock the energy industry this month.
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A drop in the number of wells drilled on the UK Continental Slope is concerning as many fields in the mature basin are reaching the point of production cessation.
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The nearly $60-billion deal will see ExxonMobil more than double its Permian Basin output to over 1.3 million BOED.
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In recent weeks, we have seen headlines heralding the surge in M&A activity in the US shale sector. While the large figures might grab the headlines, the path to realizing these synergies on a company's P&L is littered with operational and supply chain challenges.
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The robot company said it plans to integrate 3D at Depth’s LiDAR inspection technology after the all-stock acquisition.
