Management
Members of the International Energy Agency said they would make available 400 million bbl from emergency reserves amid market disruptions.
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More than 150 researchers will work on the Libra Rocks project, which aims to unlock insights that could improve recovery and reservoir management in one of Brazil’s largest offshore oil fields.
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FPSO Léopold Sédar Senghor will be deployed at Woodside’s Sangomar field.
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A recent wave of megadeals is weighing on the mind of many oil and gas executives in Texas, New Mexico, and Louisiana.
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The C-NLOPB has green-lit the supermajor’s plans to develop new sands within the field’s Jeanne d’Arc formation.
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The global oil and gas industry’s merger and acquisition arena is ending 2023 with a bang.
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Twenty-six companies participated in what was the last GOM lease sale scheduled until 2025.
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Production from the Sparta field is expected to start in 2028.
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A pilot project will explore onboard carbon capture for container ships, and two heavy-hitters are teaming up to find decarbonization paths in the Asia Pacific region. Elsewhere, wind and solar are on track to pass coal in the race to generate electricity.
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The deal will quadruple Tokyo Gas' natural gas production volumes from the Haynesville Shale.
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The Norwegian Sea discovery is the largest, undeveloped natural gas find on Norway’s Continental Shelf.
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The operator also has increased its stake in the Kaikias field in the Mars basin.