Asset Management
Trafigura will purchase 100,000 metric tons of battery-grade lithium products under a decade-long take-or-pay contract valued at over $2 billion.
The Absheron gas field expansion will supply additional natural gas to Azerbaijan’s domestic market and support its export commitments to Turkey, allowing Baku to stay focused on meeting its gas export obligations to Europe.
A credible custody-transfer record depends on far more than the accuracy of a single meter. It is the product of an integrated measurement chain. While meter performance supports measurement-system integrity, commercial confidence also depends on traceability, governance, and authorization.
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Seven years ago, the International Energy Agency (IEA) issued a report on the prospects of natural gas titled, Are We Entering the Golden Age of Gas? The answer appears to be not yet.
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From the highest courts of the US judicial branch to the C-suite, contests involving patents have recently come to the fore in the innovation hungry US oilfield services industry, even as filings and litigation have declined in recent years.
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SponsoredThe oil and gas landscape is changing… Innovation to transform the energy future is a new Guide from ABB which addresses the challenges faced by operators as they embrace a new energy ecosystem and gives advice on how to use digitalization to make the transition.
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The Spanish E&P company plans to invest more than $11 million by the end of 2018 on startups working in established priority areas, which include resource reuse and sustainability measures.
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ExxonMobil’s ninth discovery offshore Guyana solidifies the area as a premium offshore basin.
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An offshore survey identified a decrease in focusing on cost cutting and an increase in preparing to expand operations. With the oil prices above $60/bbl the impetus for negotiation for lower prices by companies and service providers appears to be waning.
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Equinor submitted the development plan for Phase 2 of the Johan Sverdrup project on 27 August with an increased resource estimate and a cut of NOK 6 billion in investment costs.
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This systematic review aimed to evaluate the association between shift work and eating habits and suggests that shift work can affect the quality of workers’ diets. Shift workers show changes in meal patterns, skipping more meals and consuming more food at unconventional times.
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ExxonMobil and Hess led the way in the most active regionwide US gulf lease sale thus far.
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Diamondback is slated to become the Permian’s latest pure-play giant with its pending purchases of Energen and Ajax Resources.