Asset Management
Robotic and autonomous systems are transforming energy operations, but their full value emerges only when paired with data science, engineering analytics, and AI/ML to turn data into decisions. The transition of the SPE Robotic & Autonomous Systems Technical Section into the SPE Data Science & Engineering Analytics Technical Section helps bridge this critical technolo…
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.
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As operators feel the pinch of low oil prices, so, too, do their service providers. -
The JV continues KBR’s work history in Kazakhstan. The company has worked on various projects in the country since 1993.
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In a survey of 448 workers across the oil and gas industry, UH Energy asked key questions about returning to work during the global pandemic.
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Centennial said in its 10-Q report for Q1 that the economic downturn increased the likelihood that the transaction would fail to close by its original timeline.
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Houston-based Occidental had earmarked the money to ease debt from buying Anadarko.
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Neptune must pay Energean a break-up fee of $5 million for cancelling what was to be a $250 million deal.
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The recent increase in global liquid fuel inventory has been largely driven by travel restrictions, and reduced economic activity. Supply is expected come back down as demand and prices recover.
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GlassPoint Solar was founded in 2008 to replace the use of natural gas for steamflooding heavy-oil reservoirs. But amid low energy prices, its chief investor has decided to pull the plug for good.
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Middle East could lose 15% of ethane-based ethylene supply in 2020 because of oil supply dynamics.
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An investment decision this year would sanction Norway’s first CO2 storage project. Phase 1 is expected to be operational in 2024.
