Asset Management
Crude benchmarks spiked amid concerns that the US-Iran ceasefire is collapsing as commercial shipping comes under renewed attack.
The company’s millimeter wave drilling system is approaching a depth of 1 km at its Central Texas site. The recent funding is earmarked for Project Obsidian in Central Oregon, which Quaise calls the world’s first commercial superhot geothermal power plant.
Schneider Electric says the deal advances its vision of creating intelligent industrial ecosystems that connect physical assets with digital insights across the asset life cycle.
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Controversial Sale 259 was conducted as mandated by the Inflation Reduction Act of 2022. -
Chad’s dispute with ExxonMobil and Savannah Energy may be headed for a second round of arbitration before the International Chamber of Commerce in Paris.
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The Calgary-based shale producer said the deal involves at least 600 new well locations that will keep it drilling for the next 20 years.
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The proposed transaction also would be the first step in establishing a joint venture between BP and ADNOC.
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The $1.8-billion project will add crucial gas supplies to fuel Trinidad and Tobago's LNG export capabilities.
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A high-resolution acoustic downhole evaluation system nabs top award for 2023.
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TotalEnergies’ flagship ultradeep Egina field won the award at the 15th International Petroleum Technology Conference held earlier this month in Bangkok, Thailand.
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The massive offshore field inches closer to first production with the filing of the unit development plan with Mexican regulators.
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With mobilization in China normalizing, new Wood Mackenzie analysis expects the country to account for almost 40% of global growth in oil demand this year.
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Port Arthur LNG is expected to handle 13 mtpa of liquefied natural gas, with first LNG cargoes expected in 2027.
