Management
The money will aid the partnership of Equinor and Standard Lithium in constructing a processing plant, which, in its first phase, is targeted to produce 22,500 tonnes of lithium carbonate per year for use in battery production.
Rystad Energy and Wood Mackenzie highlight key factors shaping the balancing act in the upstream oil market.
Aramco expects to complete Phase 1 construction of the 9-mtpa facility in 2027.
-
CNPC’s record-breaking 11,100-m exploration borehole in the Taklamakan Desert promises to unlock the science of producing oil and gas trapped in the world’s deepest reservoirs. -
You don’t have to choose between what’s good for the business and what’s good for employees in the quest to drive productivity and profits. What you need is to invest in employee engagement.
-
Benriach well finds subeconomic natural gas accumulation.
-
Well and sidetrack encountered pay in the targeted Santonian interval.
-
Challenges including increases in UK taxation have prompted operator Parkmead Group to drop plans to develop its Greater Perth project in the North Sea.
-
Follow-up sidetrack tested up to 5,000 B/D of oil.
-
Picking up the pace of innovation and demonstration of advanced nuclear reactors is required if nuclear is to play a role in decarbonization beyond electricity by providing low-carbon heat or hydrogen.
-
The record-setting probe has yielded a discovery estimated to be between 53–90 million BOE.
-
First gas is flowing from IOG’s Blythe H2 well, part of the Southern Banks gas development in the UK southern North Sea.
-
Successful well trio adds as much as 30 million BOE of recoverable reserves.
