Business/economics
Months of due diligence and evaluation following proposed $18.7 billion deal results in no deal to purchase Australian operator.
The deal between the Republic of the Congo and the Chinese oil and gas company aims to develop the Banga Kayo, Holmoni, and Cayo blocks and raise national oil output to 200,000 B/D by 2030.
The companies said they plan to start deploying digital twin technologies in Oman this year.
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Baker Hughes has acquired the power generation division of the UK’s BRUSH group to grow its turbomachinery portfolio and decarbonization solutions capabilities. -
The Oklahoma City-based tight-oil producer has agreed to acquire Validus Energy.
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Pending US Law Offers Big Boost to CO2 Storage Credits in Exchange for New Fees on Methane EmissionsUsing a carrot-and-stick approach, the US federal government is poised to spur the nation's oil and gas industry into doing more to combat emissions.
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In making a historically small production quota hike, OPEC+ members outline some big concerns about the group's ability to keep up with demand.
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Europe is providing a stark look at the vagaries of geo- and energy politics and how quickly complacency can be shattered. Will its lessons learned be heeded by the rest of the world?
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ADNOC Drilling and ADNOC Logistics & Services have won the newest round of contracts to develop the mega sour-gas project that will expand the UAE’s production of LNG.
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ExxonMobil LNG Asia Pacific will purchase 1.0 mtpa from Rio Grande LNG plant over a 20-year period.
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Second-quarter earnings for the three biggest oilfield service companies arrived with some new takes on where the market is headed.
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A new report shows that the offshore oil and gas sector is cautiously getting back to work, with some projects delayed and while EPC awards for sanctioned projects remain robust.
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For those with an oil company to sell, an oil price of $100/bbl is not what it used to be.
