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.
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Data from the US Bureau of Labor Statistics point to a fourth consecutive month of job growth in the sector, led by Texas additions. -
The latest move by Tellurian signifies a business model change from a financial partnership with LNG users to sales to traders.
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The new partnership will look to stabilize the energy supply chain in an environment of change for the industry.
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A new report finds that, as many nations lost billions in recoverable reserves last year, the smaller footprint may put the industry on course to align with the world's climate targets.
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The Zama field was once considered the ideal result of Mexico's energy reforms that sought to bolster the country's oil and gas output by inviting private companies to participate in the energy sector.
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The deal adds 16 super-spec land rigs to Patterson UTI’s domestic fleet and will result in the sale of Pioneer’s well service business.
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While Schlumberger, Halliburton, and Baker Hughes focus their legacy technology and service portfolios on driving up efficiency, driving down cost, and making current sources of energy less carbon intensive, they diverge on their approaches to scaling up development and deployment of breakthrough clean energy technologies.
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Ali Al Jarwan, CEO of Dragon Oil, talked recently about how his company has survived the changes of 2020 and how he expects ATCE to reflect the resilience of companies to these changes.
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As the COVID-19 pandemic subsides in most parts of the world, it is time for our ship to leave port. As we pull up our anchor, we must accept that there are risks out there, but we must get back to the task of exploration and production to improve lives, mitigate poverty, and provide the energy to enable a modern global society.
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For the entities formerly—and, sometimes, still—known as oilfield service companies, the energy transition presents new business challenges and opportunities. How are they managing?
