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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The 21st ministerial meeting between OPEC and its non-OPEC allied countries ended with no change of course. However, markets reacted by pricing in the potential of a supply shortfall. -
Sale of the assets could raise around $1 billion.
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Electric-powered fracturing fleets looked impressively resilient in 2020 amid what was otherwise a significant collapse for the hydraulic fracturing sector. Today, the situation is more complicated.
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Keeping your finger on the pulse of change requires diligence. Moving forward requires leaders, but without our commitment, the progress lags or stalls out.
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As Canada, Greenland, and even Norway shy away from developing their Arctic oil and gas resources, only Russia and the US remain in the game as Alaska seeks to renew interest in exploration and development of its North Slope.
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Tract is turned back by BP after operator fails to meet drilling obligation.
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A recent survey presented by the Dallas Fed offers hints to why production in Texas and neighboring states has not seen a boost from rising prices. One big problem? Workers.
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The consortium partners are focused on revitalizing mature fields.
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Northeast Pennsylvania producer was formed in 2017 after the purchase of Shell-operated properties.
