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.
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Better planning, estimating, and monitoring of costs throughout an asset’s life is key to better decision-making.
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Russia’s second-largest gas producer plans to raise $11 billion with the help of China, Japan, and Europe.
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The Biden administration has directed the US Treasury Department and USAID to design strategies and criteria aimed at shifting bank lending away from fossil fuel projects in the developing world.
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The contractor expects international revenue will see double-digit growth in the second half of 2021 as compared to the same period last year.
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Halliburton and Baker Hughes see oilfield services sector heading in the right direction this year after a painful 2020.
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Eni seeks to apply to Africa and the Middle East the pioneering JV strategy it used in Norway to cut debt and earn profit while repositioning itself in a future carbonless world. It starts with Africa’s biggest foreign oil and gas producer shedding its assets.
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It has been a busy month so far for the oil and gas industry’s venture capital groups. Find out which operators are making moves and which technology developers are turning heads in this latest roundup.
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The acquisition adds 2 or 3 years to Enerplus Corporation's development inventory, it said of the cash deal that follows its purchase of Bruin E&P earlier this year.
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Asian markets continue to represent the leading edge of global economic growth, and with many of the international oil companies divested from the region, Southeast Asian operators in particular see themselves well positioned for the future.
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The honorees will be recognized later this year at the OTC Distinguished Achievement Awards Luncheon.