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 transaction will add significant high-quality inventory offset to Permian Resources’ existing core acreage in New Mexico. -
The acquisition of Crestwood Equity Partners extends Energy Transfer’s position deeper into the Williston and Permian basins and provides entry into the Powder River Basin.
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Work is to be executed offshore Congo, the US Gulf of Mexico, Romania, and Germany.
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Occidental has been an investor in the Canadian climate solution firm since 2019.
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A $700-million deal completes the operator's strategy to focus on its gas-rich developments in Pennsylvania and Louisiana.
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The projects are expected to remove more than 2 million metric tons of CO2 emissions annually from the atmosphere.
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Equinor-led project would add gas compression and electrification to the Hammerfest LNG plant.
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Calgary's Strathcona Resources is adding 35,000 BOE/D in a deal that will boost its total output to 185,000 BOE/D.
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Part 3 of this series looks at the importance of performance analysis and how to generate the economic benefit for solving conformance or sweep efficiency problems. The economic elements of this review are very basic, but they will help you to determine a more-accurate understanding of the true economic benefit.
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UK Prime Minister Rishi Sunak commits to future oil and gas licensing rounds as new analysis shows domestic gas production has around one-quarter the carbon footprint of imported liquefied natural gas.
