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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The US shale producer exited bankruptcy in February and said it will seek a new permanent CEO. -
With Chevron out of the picture, Iraq may turn to China to buy ExxonMobil’s 32.7% stake in West Qurna-1, or it may buy some or all of the stake itself to meet an end of June deadline to complete the sale.
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Better planning, estimating, and monitoring of costs throughout an asset’s life is key to better decision-making.
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Russia’s second-largest gas producer plans to raise $11 billion with the help of China, Japan, and Europe.
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The Biden administration has directed the US Treasury Department and USAID to design strategies and criteria aimed at shifting bank lending away from fossil fuel projects in the developing world.
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The contractor expects international revenue will see double-digit growth in the second half of 2021 as compared to the same period last year.
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Halliburton and Baker Hughes see oilfield services sector heading in the right direction this year after a painful 2020.
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Eni seeks to apply to Africa and the Middle East the pioneering JV strategy it used in Norway to cut debt and earn profit while repositioning itself in a future carbonless world. It starts with Africa’s biggest foreign oil and gas producer shedding its assets.
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It has been a busy month so far for the oil and gas industry’s venture capital groups. Find out which operators are making moves and which technology developers are turning heads in this latest roundup.
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The acquisition adds 2 or 3 years to Enerplus Corporation's development inventory, it said of the cash deal that follows its purchase of Bruin E&P earlier this year.
