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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Asian markets continue to represent the leading edge of global economic growth, and with many of the international oil companies divested from the region, Southeast Asian operators in particular see themselves well positioned for the future. -
The honorees will be recognized later this year at the OTC Distinguished Achievement Awards Luncheon.
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The service giant and a technology developer from Norway seek to create a broader market for two technologies aimed at lowering topside footprints and improved operational efficiency.
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Pioneer Natural Resources is moving to complete its second major acquisition of another shale producer in less than 6 months.
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Oil demand is expected to rise just enough this year for a small increase in OPEC production.
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The supermajor would be the second to conduct a hydraulic fracturing pilot project in the country.
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Students seeking internships and permanent employment are being challenged like no other time in the history of our industry. Along with guidance, SPE President Tom Blasingame shares his outlook on the future of the oil and gas industry and the opportunities it offers.
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The government of Oman has transferred its stake in one of the Middle East’s largest oil blocks to a newly established firm. By royal decree, the new, state-controlled Energy Development Oman (EDO) will hold the country’s 60% stake in Block 6. The stake was moved from Petroleum Development Oman (PDO), another government-run company.
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Oil major sells its holdings in Egypt’s Western Desert.
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Once heralded as a major achievement of Mexico's energy reforms designed to entice foreign investment, control of the Zama field has been in dispute for 2 years and is now likely to be decided by industry regulators.
