Business/economics
Proposed and final notices of sale represent nearly 80 million acres in the Gulf of Mexico and approximately 1 million acres in Alaska’s Cook Inlet.
The US and UK sanctioned Russian independent Lukoil International and state-owned Rosneft in a bid to pressure Russia over Ukraine.
Ranger acquires American Well Services for $90.5 million, adding 39 workover rigs and boosting its fleet by 25%.
-
The deal is expected to bolster Southwestern's annual production to more than 4 Bcf/D.
-
Brent crude ended the trading session at a 2-year high, while WTI contracts bounced to prices not seen since late 2018.
-
Pembina and Kinder Morgan both add substantial infrastructure in separate deals valued at a combined $8 billion.
-
President Tom Blasingame discusses the pros and cons of working from home, being mindful of people’s time in meetings, and recent studies that highlight the effect of excessive email, meetings, and presentations on productivity.
-
Oil isn’t going away, but that misses the fact that a demand plateau will structurally change the industry for people and companies in the most geologically mature areas, especially the United States.
-
UK major offloads North Sea stake to Tailwind Energy as it continues to adjust its portfolio in the region.
-
The latest deal bucks a trend that has been dominated by moves to consolidate assets within a single basin by creating a multibasin company that its leaders say is better prepared for the "commodity roller coaster."
-
With the world transitioning to a lower-carbon future, oil and gas firms face a conundrum: Should they stay in the oil patch or head for greener pastures?
-
Phongsthorn Thavisin, CEO of PTTEP, joins SPE Live for an interview about the operator's projects offshore Myanmar, Malaysia, and beyond.
-
Ali Al Jarwan, the CEO of Dragon Oil, talks about how his company has survived the changes of 2020–2021 and how he expects ATCE to reflect the resilience of companies to these changes.