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 deal adds acreage in North Dakota’s Williston Basin.
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Increasing downhole pressures were the culprit, rig will be released as planned.
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The confluence of a pandemic, a price war, and extreme weather sent the US production engine into reverse last year, marking the largest annual drop in output on record. New figures on the decline come as the market senses higher oil prices coming.
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Politically powerful natural gas production and transportation companies, along with their regulators, appear so far to have escaped the wrath of the governor and the Legislature in the aftermath of the Texas power outages.
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Oil major boosts its initial offer for transmission assets.
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Saudi Arabia will keep its voluntary 1 million-barrel cut intact while Russia allowed a small production increase.
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New Testing Facility Built To Prove Whether Natural-Gas Foam Is Shale Sector's Next Fracturing FluidA 6-year R&D project concludes with the completion of a technology kit designed to study how combining highly pressurized natural gas and water could be a holistic alternative to traditional hydraulic fracturing.
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ConocoPhillips, Pioneer view Exxon, Chevron as prime movers to bring investment back into the play.
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A new offshore service company has been created combining Baker Hughes’ subsea equipment operation and the drilling hardware made by MHWirth. The joint venture’s goal is to grow and go public.
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Oil boss tells CERAWeek attendees a healthy oil industry will push green energy investment.