Asset Management
The deal adds 40,000 B/D of production and epands Cenovus’ SAGD footprint with three Alberta assets.
The Federal Reserve Bank of Dallas’ third-quarter energy survey reflects industry views on the drawdown of the US Strategic Petroleum Reserve, the outlook for Persian Gulf crude exports, and expectations for oil prices.
With confidence in subsea boosting performance growing, BP is incorporating pumping systems into both greenfield developments and brownfield expansions.
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As Europe’s second-largest LNG hub after Spain, the UK promises to play a near-term role as an “energy bridge” to ease the EU’s dependence on Russian energy, given that the UK can ship regasified product directly to the continent via subsea pipeline. -
Forecast increased demand for natural gas globally will keep new US liquefaction projects and additional proposals moving forward.
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The price of natural gas always drops when winter weather ends, but maybe not this year.
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South Africa’s Sasol has nixed plans to invest in the proposed African Renaissance Pipeline, opting instead to import LNG by tanker from Mozambique where TotalEnergies, Eni, and ExxonMobil are developing projects.
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New to the exhibit floor this year, the Energy Transition Pavilion will present advancements in alternative energy sources and the technology being developed to decarbonize, drive sustainability, and improve energy efficiency.
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The operator's latest deepwater platform is unlike any the company has built before—diminutive by design.
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Delek Group subsidiary Ithaca Energy has acquired private equity-backed Siccar Point Energy to become a major player in the North Sea.
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QatarEnergy is farming into ExxonMobil’s North Marakia deepwater exploration project offshore Egypt as it further grows its position in the East Med and a share of possible future gas sales to Europe.
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The decision comes after an environmental review showed that the floating production, storage, and offloading vessel-based development was unlikely to cause negative environmental effects.
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Supermajors continue to align their goals with a net-zero future while strides are made across the globe to add CCS, solar, and wind projects to help achieve ambitious green energy goals.
