Business/economics
The deepest water depth project in Equinor’s portfolio, Raia aims to bring its gas onstream in 2028.
War-related damage to oil and gas facilities is expected to disrupt global supply chains for years, as backlogs for critical equipment continue to grow, Rystad Energy reports.
TotalEnergies will instead invest in the Rio Grande LNG plant, upstream conventional oil development in the US Gulf of Mexico, and shale-gas production.
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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.
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The acquisition gives Enterprise’s natural gas and NGL business an entry point into the Midland Basin.
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Regulatory uncertainty continues to hamper Canadian provinces in competition for hydrocarbon investment.
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Next month, the 23-nation group of crude exporters will raise its allowable production output by another 400,000 B/D.
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QatarEnergy expands business in Brazil with $1.3 billion co-bid for the rights to Sepia field.
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Eni and Italian energy infrastructure operator Snam are partnering to secure Italy’s North African gas supply and future hydrogen initiatives.
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The Omicron variant has spooked global markets and sent crude prices tumbling by more than $10/bbl since it was discovered in late November.
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This case history explores a multiwell sectional development in the Delaware Basin by a small operator who reduced drilling and completion costs, along with lease operating expenses, by turning undesirable produced water into an asset.
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The paper provides insight into managing reserves and resource information during a merger through description of a case study.
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Gazprom Neft Courts Middle East NOCs With Digital Technologies as it Seeks Bigger Role in the RegionA delegation from the Moscow-headquartered oil company recently visited Dubai with a slew of advanced technologies to see if anyone was interested in making a deal.