Asset Management
The deal adds over 1,000 potential drilling locations and almost doubles oil production for Houston-based Magnolia.
The sale for $1.8 billion of Solenergi Power, the holding company for Sprng, which develops and operates solar and wind projects across India, follows other realignment actions by the supermajor.
The deal is the largest acquisition in Mitsubishi Corp.'s history and adds one of North America's leading shale gas assets to its portfolio.
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For sheer impact, in touching the lives of virtually everybody on the planet, Haber-Bosch is hard, if not impossible, to beat. While food (together with water) is arguably the most important human need in terms of sustaining life, affordable energy is an important determinant of the quality of that -
Perhaps the best compliment paid to a profession is when a child follows his parent’s footsteps into it.
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Digitalization leads oil and gas research and development investment priorities, according to DNV’s 2019 annual outlook.
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The discovery is world’s third-largest natural gas discovery in the past 2 years.
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The technical challenges imposed by tight well spacing and fracture interactions have become a focal point of recent earnings calls between investors and the leaders of several shale producers. The picture of the future is becoming clearer, and there are fewer oil wells in it.
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BP Trinidad and Tobago began first gas production from its Angelin development on 26 February.
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The second round will offer 19 offshore blocks clustered in five zones to continue natural gas development in the eastern Mediterranean’s Levant Basin.
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The new bottleneck for Texas’ crude production is not onshore—it is offshore. Shallow ports have kept big tankers from taking away the state’s expanding supply which has attracted a slew of proposed export projects.
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Jobs with repetitive activities may decrease, while new types of onshore jobs are being created.
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A Florida appeals court has approved exploratory oil drilling in the Everglades, prompting worries about Miami’s water supply and risks to the wetland ecosystem.
