Asset Management
The London-based supermajor is stepping back from startup investing as it seeks to focus capital on its oil and gas business.
After a record year for LNG project approvals in 2025, multiyear repairs to war-damaged liquefaction facilities in Qatar and the UAE threaten to slow the growth of global LNG capacity.
The declaration builds on a memorandum of understanding the partners signed with Egypt in May to process Block 10 gas at the country’s LNG export and domestic gas facilities.
-
Gasoline and diesel demand are set to increase YoY beginning in Q3 2020. -
Production from Train 3 comes almost a month after reaching its final commissioning stage. Commercial operations will follow testing and authorization from FERC.
-
Senior oil and gas professionals see hydrogen as a significant part of the global energy mix by 2030.
-
FID on RGLNG was originally expected in 2019, before it was pushed to Q1 2020. NextDecade will continue to develop and de-risk the project.
-
The oilfield services company's Tubular Running Service was recognized for reducing costs, maximizing safety.
-
The Italian oil company has redesigned its dedicated portal for suppliers. The company’s Supplier Portal and Collaboration Environment, which it calls eniSpace, is a platform combining communication, collaboration channels, and open innovation instruments with traditional procurement processes.
-
In 2 months, the US saw a 56% decline in rig count, reaching a 33-year low.
-
As operators feel the pinch of low oil prices, so, too, do their service providers.
-
The JV continues KBR’s work history in Kazakhstan. The company has worked on various projects in the country since 1993.
-
Centennial said in its 10-Q report for Q1 that the economic downturn increased the likelihood that the transaction would fail to close by its original timeline.
