Business/economics
Nitzana will enable Israel to double gas exports to Egypt from the giant Leviathan gas field in the Eastern Mediterranean.
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.
-
Compared with 2020, the largest discoveries made last year may hold just a third of the oil and gas reserves, according to new data from Westwood Global Energy Group. -
Grants have been offered to four separate pilot-style projects in order to test the geothermal potential of old oil and gas wells.
-
Combination announced last November must still gain clearance from authorities in the UK and Denmark.
-
Tight gas supplies, and uncertain Russian gas supplies mean sky-high prices for LNG suppliers now and a chance to lock in attractive contracts long term. But this opportunity won’t last forever.
-
Oil production in the US is resurging and poised to refute some skeptics who believed domestic output peaked just prior to the COVID-19 pandemic.
-
The acquisition gives Enterprise’s natural gas and NGL business an entry point into the Midland Basin.
-
Regulatory uncertainty continues to hamper Canadian provinces in competition for hydrocarbon investment.
-
Next month, the 23-nation group of crude exporters will raise its allowable production output by another 400,000 B/D.
-
QatarEnergy expands business in Brazil with $1.3 billion co-bid for the rights to Sepia field.
-
Eni and Italian energy infrastructure operator Snam are partnering to secure Italy’s North African gas supply and future hydrogen initiatives.
