Asset Management
Trafigura will purchase 100,000 metric tons of battery-grade lithium products under a decade-long take-or-pay contract valued at over $2 billion.
The Absheron gas field expansion will supply additional natural gas to Azerbaijan’s domestic market and support its export commitments to Turkey, allowing Baku to stay focused on meeting its gas export obligations to Europe.
A credible custody-transfer record depends on far more than the accuracy of a single meter. It is the product of an integrated measurement chain. While meter performance supports measurement-system integrity, commercial confidence also depends on traceability, governance, and authorization.
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Angola’s powerful oil and gas industry has enabled the country’s rapid growth, but an overreliance on those revenues has posed major challenges. Does a recent change of leadership mean a shift in the nation’s economic direction? -
Despite optimism in a shift from “lower for longer” oil prices, industry executives stressed the value of maintaining efficient operating practices.
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Rutter, Statoil Canada, and the Government of Newfoundland and Labrador completed a collaborative research and development (R&D) project aimed at improving offshore oil and gas operations in harsh environments with ice conditions.
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On 9–11 October, the Society of Petroleum Engineers (SPE) will again assemble exploration and production (E&P) professionals from around the world for the 2017 Annual Technical Conference and Exhibition (ATCE) at the Henry B. Gonzalez Convention Center in San Antonio, Texas, USA.
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Many of the biggest players in the industry—particularly the majors—have adapted their portfolios for “lower for longer” and are once again sanctioning big projects. While we are not back to the heady days of 2010–2014, we have left behind the dark days of 2015–2016.
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SPE’s annual meeting will feature leading executives from Baker Hughes and Devon as well as other industry leaders.
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Anadarko’s CEO and a company board member who heads a venture-backed software developer for artificial intelligence (AI) discuss the key role that AI will play in the oil and gas industry’s future.
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Halliburton and Microsoft believe that by working together they can step up the pace of digital transformation across the E&P industry.
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The Mexican government continues to update its environmental regulations as authorities prepare for the first exploration and production (E&P) auction to feature blocks with unconventional oil and natural gas resources.
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The world still needs oil and gas, but it is also making room for renewable energy which will change how upstream companies do business.
