Management
The US and UK sanctioned Russian independent Lukoil International and state-owned Rosneft in a bid to pressure Russia over Ukraine.
Ranger acquires American Well Services for $90.5 million, adding 39 workover rigs and boosting its fleet by 25%.
The Texas-based geothermal company said it set a new temperature record and achieved strong drilling performance in its first enhanced geothermal pilot.
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Russia’s second-largest gas producer plans to raise $11 billion with the help of China, Japan, and Europe. -
The Biden administration has directed the US Treasury Department and USAID to design strategies and criteria aimed at shifting bank lending away from fossil fuel projects in the developing world.
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A variety of SPE resources and others are available to bring you up to speed on geothermal energy. Bob Pearson, SPE Technical Director of Projects, Facilities, and Construction, highlights several to get you started.
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The contractor expects international revenue will see double-digit growth in the second half of 2021 as compared to the same period last year.
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Halliburton and Baker Hughes see oilfield services sector heading in the right direction this year after a painful 2020.
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Eni seeks to apply to Africa and the Middle East the pioneering JV strategy it used in Norway to cut debt and earn profit while repositioning itself in a future carbonless world. It starts with Africa’s biggest foreign oil and gas producer shedding its assets.
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Trying to stay up to date about developments aimed at energy transition efforts in our industry? This roundup of newsmakers is a sampler of some recent announcements.
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It has been a busy month so far for the oil and gas industry’s venture capital groups. Find out which operators are making moves and which technology developers are turning heads in this latest roundup.
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Total’s $5.1-billion Lake Albert development with CNOOC brings Uganda into the club of oil-producing nations while it positions the French major as the dominant player in African oil and gas.
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The acquisition adds 2 or 3 years to Enerplus Corporation's development inventory, it said of the cash deal that follows its purchase of Bruin E&P earlier this year.
