Business/economics
The cloud platform provider said the initiative is designed to help energy companies manage and analyze large-scale operational data.
The deal positions the merged company to benefit from an expected offshore drilling upcycle.
Suspended by force majeure since the spring of 2021, work on the Mozambique LNG project has restarted with over 4,000 workers now engaged onshore and offshore to meet a 2029 deadline for first LNG.
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The 31-member group approved its fourth coordinated release since 1974 in response to the looming supply disruptions caused by Russia's invasion of Ukraine. -
Pandemic gridlock, rerouting risk, and net-zero expectations are squeezing oilfield service companies into change.
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There are powerful indicators that the transformation of energy markets is accelerating, even though the world should not decrease its focus on stable oil and gas supply. Our industry will continue to play a strong role in the coming decades to provide sustainable energy.
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Deal expands PDC's D-J Basin holdings into northern Adams County, Colorado.
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The European energy sector is redrawing its energy map as BP, Shell, and Equinor announce plans to pull out of Russia. The moves will result in many billions of dollars in writeoffs.
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The second-largest oil and gas producer in the US says the deal will help meet its goal to produce 100,000 B/D of renewable fuel products by decade's end.
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Sanctions imposed on Russia spare the oil and gas industry because US elected leaders fear voter outrage over higher prices and short supplies.
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Offshore driller has almost a half billion in cash and a contract backlog of $2.2 billion.
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SponsoredTAQA aspires to be a leader in managing integrated projects in the Middle East-North Africa by providing technical services across the life cycle of oilfields as well as offering unique technologies for Geothermal and Carbon Underground storage projects
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The pipeline project was completed in September but whether it will flow is now as uncertain as ever as both Germany and the US seek to shut the project down.
