Business/economics
As the pace of new discoveries slows and high-quality prospects become harder to find, oil companies may need to rely more heavily on mature fields to maintain production and support future supply.
After years of market shocks, technological breakthroughs, and rising uncertainty, ATCE 2026 will provide new insights on how industry leaders and technical experts are preparing for the next era of the upstream business.
This guest editorial examines why geothermal projects require a different planning, financing, and development approach than traditional oil and gas projects.
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Saudi energy minister warns speculators not to bet against the OPEC+ alliance. -
Personnel are returning to platforms in the Gulf of Mexico after Hurricane Sally was downgraded to a tropical depression late Wednesday, but the threat of another major hurricane remains as a tropical storm may form in the Gulf of Mexico today.
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Seadrill is seeking options to restructure its $7.3-billion debt. The offshore driller previously emerged from Chapter 11 bankruptcy protection in 2018.
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A former chief operating officer at Exterran Corp. will take the helm of the Houston-based oilfield services company in October.
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Although OFS employment is at its lowest point since March 2017, job losses slowed in August as companies start to recover.
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Enterprise Products Partners publicly acknowledged the deep slump in pipeline demand out of the Permian Basin by canceling a project at a time when most producers have been quietly postponing US projects.
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Facing a minimum 1-year delay to startup, Husky Energy discussed the West White Rose extension project’s challenges and risks with Canadian local and federal governments. Cancellation is a possibility, according to a Husky executive.
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The acquisition and divesture deal includes large-interest positions in nine offshore exploration blocks, several of which Shell may become the operator of.
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The latest updates on the North American shale sector’s efforts to consolidate and restructure.
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Company cites COVID-19-driven decline in fuel demand in move following announcement of Australian layoff plan as latest cost-cutting measure.
