Management
Nitzana will enable Israel to double gas exports to Egypt from the giant Leviathan gas field in the Eastern Mediterranean.
Nearly 90% of investment since 2019 has gone to replacing lost production, with $570 billion in spending projected for 2025.
Months of due diligence and evaluation following proposed $18.7 billion deal results in no deal to purchase Australian operator.
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The discovery in the US Gulf of Mexico was tied back through a single well completion to existing infrastructure.
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Four licenses are awarded to seven oil companies as this round sees less interest than previous ones.
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The new field, which is tied back to the Na Kika platform, is expected to add over 20,000 B/D of new production at peak.
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The marine contractor will utilize its North Ocean 102 pipelay/lift vessel for the work at the Shenzi field.
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Norway appears to be taking a dual approach to energy transition. In its just-released energy white paper, the Norwegian government says it is committed to producing renewable energy and bolstering its power grid but isn’t willing to halt development of its oil and gas resources.
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India is on a global hunt to tap all colors of fossil fuel and renewables as the country prepares to overtake China as the world’s most populous nation.
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Bill Gates’ TerraPower teams with Warren Buffett’s PacifiCorp to demonstrate the viability of carbon-free SMRs in Wyoming.
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As electric vehicles make their move into the fast lane, the two high-profile companies are partnering to keep them on track.
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The Houston-based oil and gas producer says the latest transaction moves its divestment sum past $9 billion.
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Tourmaline Oil Corp. said it has agreed to buy smaller Canadian producer Black Swan Energy.