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.
-
The construction of the Calcasieu Pass 2 liquefied natural gas facilities in Cameron Parish is scheduled to start this year. -
The all-cash deal aims to strengthen the Italian supermajor's role as a key supplier of gas to European markets.
-
The Black Sea is where Turkey shares maritime borders not only with Russia and Ukraine, but also with EU nations such as Romania. Its significance is evolving, both regionally and globally.
-
Qatar’s newest partnership in the North Field East expansion project boosts China’s expected new deliveries of LNG by another 4 mpta.
-
DJ Basin player enters the Permian Basin with a pair of asset purchases from private-equity vehicles.
-
The 500-million bbl find in the Mexican Gulf is expected online in 2028.
-
The US-based drilling contractor and well completions company will combine to form the second-biggest service company in North America.
-
A concurrent deal to sell off some of the acquired assets to Northern Oil and Gas will effectively lower the acquisition cost to $1 billion.
-
A Kimmeridge Energy executive said at the Unconventional Resources Technology Conference that he wants to "make unconventional resources investable in a low-carbon world."
-
The first long-haul overland conveyor system to deliver proppant is under construction in the Permian Basin.
