Management
The decision keeps the effective tax rate on upstream projects at 78%, prompting new warnings that investments will continue to dwindle in the UK Continental Shelf.
Adura will become the UK North Sea’s largest independent producer by combining 12 key oil and gas assets, employing around 1,200 staff. It aims to produce more than 140,000 BOED in 2026.
This study presents a novel hybrid approach to enhance fraud detection in scanned financial documents.
-
The project’s revised development plan now incorporates a carbon capture facility. -
Angola leaves OPEC after 16 years to leverage its oil resources for economic growth.
-
Woodside Energy's Trion field offshore Mexico features a four-column semisubmersible FPU with a production capacity of 100,000 BOPD.
-
Houston-based independents will combine to form a company with a production total above 500,000 BOE/D and valued at $21 billion.
-
The producer’s Lime Rock and Venice discoveries were brought on stream in late December.
-
The facility is destined for Shell’s deepwater Gulf of Mexico development.
-
Located in the National Petroleum Reserve in Alaska, the Willow project is estimated to produce 180,000 BOPD at its peak.
-
Energy storage is essential to a clean electricity grid, but aggressive decarbonization goals require development of long-duration energy storage technologies.
-
The increasing demand for critical minerals—the building blocks of an electrified future—is creating opportunities for the oil and gas industry to apply its extensive knowledge, tools, and data to help meet the demand.
-
Researchers at Texas A&M University have developed a method of refining "liquid gold" for valuable critical minerals using what many consider traditional waste products: produced water and carbon dioxide.
