Business/economics
The firm’s latest analysis puts the bulk of the blame on a fragmented supply chain.
The supermajor said the fields are not expected to contribute meaningfully to its production profile by 2030.
Output is rising fast in the South American shale play and putting Argentina on a course to soon reach 1 million B/D.
-
Over the past 30 years Caspian nations such as Azerbaijan and Kazakhstan have built thriving economies on oil and gas wealth led by global energy companies and a handful of megaprojects. As times change, that model may need to be reassessed. -
Where does employment in the oil and gas industry stand today? It remains far from the peak seen in 2014, but it is incrementally recovering. Will it grow, and how?
-
Operator will not participate in Sea Lion project in the Falkland Islands.
-
The pressure pumping business has been looking up this year, but the price paid to buy a big player in that business, FTS International, suggests growth may not last.
-
BP boss is joined by ADNOC chief and India's oil minister in urging increased investment in everything from storage to fuel diversification.
-
Two years ago, a longtime petroleum engineer and former SPE President dared to speak of a future in which his discipline had seen peak employment. He’s back again with a new paper that tries to explain where things may go from here.
-
More time and money are needed for Johan Castberg and others, while government looks to boost hydrogen research.
-
The country’s 17th Bidding Round attracted bids on just five of the 92 blocks on offer… and all from Shell.
-
The US producer also closed its acquisition of assets in the Permian through a deal with Primexx.
-
The gas-focused producer said it will turn its attention to drilling programs on its Haynesville acreage.
