Management
A presidential decree extends ExxonMobil’s chance to possibly recoup part of the $4.6 billion loss it suffered after exiting its flagship Russian asset in spring 2022.
The $1.3-billion deal targets DJ Basin assets producing 35,000 BOEPD, and Japex aims to increase that output to 50,000 BOEPD around 2030.
The Nigerian Upstream Petroleum Regulatory Commission has set its sights on anti-corruption efforts for the 2025 Licensing Round, which began on 1 December.
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Regulator hits the brakes on any Jeanne d’Arc Basin acreage offerings for 2023. -
Sinopec becomes the first Asian equity holder in the NFE expansion after having signed a 27-year sales and purchase agreement with Qatar, the longest term in the industry.
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The large US shale producer has officially entered into the renewable energy sector with its largest venture investment yet.
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A new report from Rystad Energy sees strong labor wage growth testing the budgets of US shale operators.
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The OTC Energy Insights will be livestreaming from an on-site studio, a new addition to the Offshore Technology Conference exhibit hall floor.
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The strategic agreement puts the partners’ joint activities on a more certain path to connecting the first fusion power plant based on magnetic confinement to the electrical grid by early 2030.
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The Gas Growth Integrated Project will capture and supply flare gas to generate electricity and treat seawater to manage pressure in oil wells in Iraq’s Basra region.
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The Kremlin’s agreement to settle payment enables the equity transfer to be finalized.
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After successfully identifying prospects offshore Namibia with Shell and TotalEnergies, QatarEnergy is now expanding its African footprint into Mauritania.
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The Denver-based company bulks up its Permian position with the purchase of three EnCap Investment portfolio companies.
