Business/economics
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.
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.
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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Oil boss tells CERAWeek attendees a healthy oil industry will push green energy investment. -
The US government is looking at the contractor’s books over possible sanctions violations.
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The $2.59-billion deal advances BP’s effort to divest $25 billion of its global proceeds by 2025.
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Since 2000, Brazilian Petrorecôncavo, which specializes in revitalizing mature onshore fields, has performed operations and project implementation services in most fields of the Remanso Cluster.
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The $533-million field has a production capacity of 27,000 BOE/D and estimated reserves of 1.2 billion BOE.
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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.
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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.
