Management
A presidential decree extends ExxonMobil’s chance to possibly recoup part of the $4.6 billion loss it suffered after exiting its flagship Russian asset in spring 2022.
The $1.3-billion deal targets DJ Basin assets producing 35,000 BOEPD, and Japex aims to increase that output to 50,000 BOEPD around 2030.
The Nigerian Upstream Petroleum Regulatory Commission has set its sights on anti-corruption efforts for the 2025 Licensing Round, which began on 1 December.
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Enhancement to the drillship comes ahead of work commitment on Shell's Sparta development in the US Gulf of Mexico, its first in the Gulf to produce from 20K reservoirs.
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Jim Gable, president of Chevron Technology Ventures, shares how CTV works with startups and how their technologies go big.
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Failure to electrify facilities in the UK North Sea could soon result in a denial of petroleum licenses and the forced closure of some offshore assets.
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The partnership seeks to shift the economics of carbon capture across high-emitting industrial sectors.
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The developer of the recently emerged anchorbit technology is preparing to drill its first geothermal well next year in Germany.
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The post-salt, heavy-oil fields will be developed in tandem tied back to an FPSO.
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Derived from the principles of radial jet drilling, a new technology called micro-turbine drilling is developed to allow for drilling of micro-sidetracks from cased boreholes in very hard reservoir rock.
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Blocked by sanctions from obtaining Western technology, Tehran has turned to its domestic service industry to expand production as Chinese demand reaches new highs.
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ExxonMobil and Aramco CEOs talk molecules, electrons, and the need to "abandon the fantasy of phasing out oil and gas" at the "Super Bowl of Energy" in Houston.
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The merged companies will emerge as a new company, Innovex International, increasing its global scale and footprint in growing markets.