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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Tourmaline Oil Corp. said it has agreed to buy smaller Canadian producer Black Swan Energy. -
IGU report highlighted pandemic-related delays that kept many international projects from coming on line in 2020.
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The producers operate conventional and unconventional assets across the US Lower 48 and produced a combined 111,000 BOE/D in the first quarter of 2021.
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The all-stock transaction is expected to bolster the newly created operator's production profile to around 160,000 BOE/D.
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Are you trying to stay up to date about developments aimed at energy transition efforts in our industry? This roundup of news presents some of the recent announcements.
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The deal is expected to bolster Southwestern's annual production to more than 4 Bcf/D.
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Brent crude ended the trading session at a 2-year high, while WTI contracts bounced to prices not seen since late 2018.
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Pembina and Kinder Morgan both add substantial infrastructure in separate deals valued at a combined $8 billion.
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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.
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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.
