Management
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.
The latest corporate plan drops the amount the company says it will invest in low-carbon efforts by $10 billion from last year’s plan.
-
Nation also changes fiscal regime to attract new investment. -
The energy ministry instructed a shutdown following Hamas missile strikes.
-
Total structure discovered could hold as much as 5 Tcf of gas in place.
-
The best wells in which to find lithium are in old conventional fields where rusty pump jacks are pulling out mostly water.
-
Find could hold as much as 130 million BOE.
-
The $32-million deal nets producer proved reserves of 3.2 million BOE.
-
As money pours into the space, questions arise about whether the method of removing carbon from the atmosphere is the best investment.
-
The oil and gas industry is embracing digital technology not just as a differentiator but as an enabler of innovation. The simple reality is that, if one doesn’t, they risk being out of the game.
-
New terms would allow contractors more than 50% equity share in some new blocks.
-
BP, QatarEnergy and Zarubezhneft were among the other winners.
