Management
The project partners and the Newfoundland and Labrador government reach agreement over life-of-field benefits, royalties, and an equity option, moving development toward sanction in 2027.
Members of the International Energy Agency said they would make available 400 million bbl from emergency reserves amid market disruptions.
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The $100-billion project is widely considered the largest unconventional development outside of the US and is noted by Aramco as the largest nonassociated gas development in the kingdom.
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Preliminary estimates indicated recoverables of between 30 million and 110 million BOE at the discoveries, which Equinor called its largest of the year.
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The decision keeps the effective tax rate on upstream projects at 78%, prompting new warnings that investments will continue to dwindle in the UK Continental Shelf.
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Adura will become the UK North Sea’s largest independent producer by combining 12 key oil and gas assets, employing around 1,200 staff. It aims to produce more than 140,000 BOED in 2026.
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Data and impartial viewpoints can help de-risk exploration portfolios and keep resource estimates in check.
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Alaskan oil is entering a renaissance driven by a predicted 13% upswing in 2026 production, the largest since the 1980s, and a possible reboot of LNG exports to Asia from the Kenai Peninsula, supplied via pipeline from the North Slope.
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Technology developers expect the tight-oil industry to give lightweight proppants another look after the Permian Basin’s biggest operator becomes an adopter.
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This study presents a novel hybrid approach to enhance fraud detection in scanned financial documents.
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This paper provides insight into existing tools, methodologies, and processes that can help any capital project or organization improve predictability of outcome while mitigating risks and exploiting opportunities effectively.
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The authors state that issues faced by the Gorgon carbon capture and storage project primarily relate to risk and pressure management of the produced water from the Dupuy formation rather than from capture, transport, injection, and storage technologies.