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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After struggling for years to attract investors and develop its oil-rich fields, the kingdom will extract oil discovered in the Gulf of Thailand in 2004. -
Additional acreage in the North and Norwegian seas are also available in the 2021 round.
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ExxonMobil details its massive reduction in the value of its reserves, just as the benefits of all that hacking are starting to become apparent.
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Extremely cold weather left many Texas residents without power and caused oil prices to reach a 13 month high. What happened to the Texas power grid and are there ways to prevent similar difficulties in the future.
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Debt-riddled Premier will emerge as Harbour, seen valued at around $5 billion.
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After making it through the largest weather-induced shutdown ever to strike the region, operators in the prolific shale basin are sharing new numbers on how much production they were forced to curtail.
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Oil and gas producers in the southern US suffered from a historic disruption to their operations, but analysts say the effects will be short lived compared to what may be in store for downstream operators.
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Digital data startups face many hazards, from potential customers unwilling to share data to buyers who just do not see the payoff in what they are selling.
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A Texas-sized winter storm has forced the largest oil and gas producing region in the US to lower output while demand for energy surges to combat the bitter temperatures.
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Profits are up as drilling is down in Canada’s Montney play where a merger this week highlighted the continued drive to increase profits, which are benefitting from rising natural gas prices.
