Asset Management
This article from Murphy Oil outlines a modernization effort that resulted in increased scenario simulation capacity by five to 10 times.
The transaction is expected to strengthen the company's position in Alberta’s oil sands and unlock annual synergies of $54 million.
The transition away from materials that contain per- and polyfluoroalkyl substances (PFAS), co-called forever chemicals, creates an opportunity to preserve historical information. Information that appears to have little operational value today may later become important when organizations need to evaluate past PFAS use. Once that information is lost, recreating it may…
-
SLB's and Baker Hughes' partnerships with NVIDIA and Google Cloud, respectively, will develop advanced AI-enabled power optimization and sustainability solutions for the global data center sector.
-
The rise in China’s gas production, now exceeding that of Qatar and of Australia, is also limiting growth in its LNG demand.
-
TotalEnergies will instead invest in the Rio Grande LNG plant, upstream conventional oil development in the US Gulf of Mexico, and shale-gas production.
-
Equinor said it found between 14 million and 24 million BOE with its most recent exploration well in the Polynya Tubåen prospect.
-
ExxonMobil's Jason Gahr uses the five stages of grief to explain how the upstream industry should respond to the rise of AI.
-
BP sanctioned development of the Kaskida in 2024, with first oil from the high-pressure project expected in 2029.
-
SPE’s newest technical community, the Critical Minerals Technical Section, aims to connect petroleum expertise with emerging opportunities to extract lithium, rare earth elements, and other critical minerals from subsurface reservoirs and industrial brines.
-
Companies largely focused on deepwater acreage in the second Gulf lease sale held under the One Big Beautiful Bill Act.
-
Initiative identified as the single highest-priority action to support geothermal capital market creation following a 2-year expert analysis of financial barriers to exponential-scale geothermal development.
-
Seventeen companies, including four small businesses, were recognized this year for their demonstrated advancements in the industry.