Business/economics
Nearly 90% of investment since 2019 has gone to replacing lost production, with $570 billion in spending projected for 2025.
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.
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This paper discusses the challenges presented by factors such as infrastructure, types of primary energy, and investment. -
Whitecap enters into the liquids-rich Duvernay play, including 74,000 acres with more than 250 identified drilling locations.
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ExxonMobil's departure leaves BP and Shell as the last international oil companies in Iraq.
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ADNOC aims to shift $19 billion in procurement contracts to local manufacturers to grow the UAE economy and attract new investment.
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Eni and ConocoPhillips will join TotalEnergies as international partners with QatarEnergy on the North Field East Expansion, the world’s single largest LNG project ever.
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Gentari aims to develop and deliver conventional renewable energy, hydrogen, and electric vehicle solutions in Asia Pacific and beyond.
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QatarEnergy has tapped TotalEnergies as its first international joint venture partner for the North Field East expansion—the world’s largest LNG project ever.
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The UK supermajor is selling off its Sunrise oil sands stake for cash, interest in the undeveloped Bay du Nord complex off Newfoundland.
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The 23-country group is seeking to end its historic supply cuts a month early as oil prices march upwards.
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The big oil producers are balancing the chasing of more production with delivering dividends to shareholders. So far, the scale is tipping in favor of shareholders. But it’s not that cut and dried. Simplifying the complexity of the global market shines, at best, a narrow beam on some of the factors affecting production.
