Business/economics
The Göktepe-3 discovery boosts Turkey’s gas reserve estimates by 10%, supporting Ankara’s ambitions to become a regional gas export hub.
Aramco’s latest MOUs focus on driving innovation and growth across oil, gas, and downstream sectors.
Strathcona doubles down on heavy oil—sells Montney assets for nearly CAD 3 billion, grabs Canada’s top crude-by-rail hub, and sets sights on MEG Energy in bold growth move.
-
The supermajor is making a major course correction as it plans to slash renewable investment and focus more on oil and gas development.
-
Key drivers of the rapid growth projection include Asia’s economic outlook and the rise of artificial intelligence.
-
The engineering and construction firms take the first steps toward combining companies.
-
The Midland, Texas-based operator said the deal hands it the biggest remaining target in the Midland Basin side of the Permian Basin.
-
Equinor will reduce investments in renewables over the next 2 years by 50% to $5 billion and will increase its focus on oil and gas production, expecting more than 10% growth from 2024 to 2027.
-
Analysts at Enverus Intelligence Research and Rystad Energy report that US shale consolidation has largely run its course.
-
Global offshore decommissioning projects hear the starting gun in Australia and the North Sea, but will the race be a marathon or a sprint?
-
Diversified Energy announces its largest deal yet to buy private equity-owned Maverick Natural Resources.
-
International majors showing new interest in Iraq as China scoops blocks in Baghdad’s most recent bid rounds.
-
The agreement aims to accelerate new commercial technologies that address challenges with geothermal development.