Asset Management
The long-term outlook analysis says a potential shift toward new construction could push 2026 production 3% above 2025 levels.
Lower operating expenditures and a changing asset mix helped UKCS operators cut average production costs by 9% year over year, despite relatively flat production levels, according to the NSTA.
The deal adds 40,000 B/D of production and expands Cenovus’ SAGD footprint with three Alberta assets.
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Canadian Natural Resources has awarded Torus BGP a contract covering a trio of offshore assets. -
The country’s Just Transition Summit, held in 2019, not only has set the groundwork for a stronger New Zealand on multiple fronts but also serves as an example for other countries and the international business community on how to create a shared roadmap for a sustainable society.
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The degree to which the world depends on oil and gas is not well understood.
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The chief of the world's largest oil company issued a reality check on how the energy transition is doing and called for a more practical strategy going forward.
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New sibling facility to Calcasieu Pass will boast nameplate liquefication capacity of 20 mtpa of LNG.
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Eni and Italian energy infrastructure operator Snam are partnering to secure Italy’s North African gas supply and future hydrogen initiatives.
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The Omicron variant has spooked global markets and sent crude prices tumbling by more than $10/bbl since it was discovered in late November.
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Proposed US West Coast LNG terminal had long been a source of dispute between nearby property owners, indigenous peoples.
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Totally automated drilling today looks like a robot doing all the heavy lifting on a drilling floor. By 2025, there may no longer be anything surprising about it.
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Deal with OMV raises interest to 35% on Barents Sea project slated to come online in 2028.
