Management
The decision keeps the effective tax rate on upstream projects at 78%, prompting new warnings that investments will continue to dwindle in the UK Continental Shelf.
Adura will become the UK North Sea’s largest independent producer by combining 12 key oil and gas assets, employing around 1,200 staff. It aims to produce more than 140,000 BOED in 2026.
This study presents a novel hybrid approach to enhance fraud detection in scanned financial documents.
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Advanced aerial imagery—be it collected from drone, satellite, or fixed-wing aircraft—is one of the best options available for securing the critical information needed to run things smoother in the oil field. -
The acquisition of Crestwood Equity Partners extends Energy Transfer’s position deeper into the Williston and Permian basins and provides entry into the Powder River Basin.
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Work is to be executed offshore Congo, the US Gulf of Mexico, Romania, and Germany.
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Occidental has been an investor in the Canadian climate solution firm since 2019.
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The winners of this year’s Drillbotics competition are teams from the University of Stavanger and Clausthal University of Technology. Thirteen teams registered last fall, coming from seven countries spanning four continents.
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The US Department of Energy is planning the country’s largest solar power initiative, while hydrogen and carbon dioxide pipelines spread around the world and ADNOC bets on hydrogen.
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A $700-million deal completes the operator's strategy to focus on its gas-rich developments in Pennsylvania and Louisiana.
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The UAE's biggest oil company said it has successfully delivered a pair of geothermal wells to help power cooling systems in Abu Dhabi.
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New Fortress Energy has installed the first of three jackup-based LNG units at the Altamira site.
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The projects are expected to remove more than 2 million metric tons of CO2 emissions annually from the atmosphere.
