Management
A new Eni-Petronas venture is targeting 500,000 BOE/D in output from combined upstream portfolios across Malaysia and Indonesia.
The merger creates one of the largest oil-focused independents in the US with output of 526,000 BOE/D.
BPX Energy will retain operatorship of the assets after the sale of its interests to private investment firm Sixth Street is complete.
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This paper discusses how multiple reliable technologies may be used in concert to establish reasonable certainty for reserves estimates through the flexibility provided by the Petroleum Resources Management System. -
This study compares, in a carbon capture and storage (CCS) context, the economics of a traditional business model vs. an alternative business model (a regional CCS hub separately managed by a special-purpose vehicle).
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A surge in permit applications for long-term carbon storage sites reflects where industrially produced carbon dioxide can be harvested, and where the necessary pipelines are.
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Cemvita and ChampionX are launching a pilot project next year to turn an old oil field into one that may yield tons of hydrogen each day.
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The contracts awarded by ExxonMobil and Equinor are for work offshore Guyana and Brazil.
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The captured carbon dioxide will be permanently sequestered in the Cameron Parish CO2 Hub to be located offshore Louisiana.
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The International Energy Agency recently said the oil and gas industry is spending far too little on clean energy technologies.
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Australian explorer purchases minority stakes in Who Dat and Dome Patrol deepwater fields.
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The agreement covers the upstream to downstream sectors, focusing on global business and development of human capital.
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Fatih Birol, the head of the International Energy Agency, says in an interview that rising geopolitical threats to global oil and natural gas supplies are hurting the appeal of fossil fuels as reliable, safe energy sources.
