Asset Management
Lower operating expenditures and a changing asset mix helped UKCS operators cut average production costs by 9% year over year, despite relatively flat production levels, according to the NSTA.
The deal adds 40,000 B/D of production and epands Cenovus’ SAGD footprint with three Alberta assets.
The Federal Reserve Bank of Dallas’ third-quarter energy survey reflects industry views on the drawdown of the US Strategic Petroleum Reserve, the outlook for Persian Gulf crude exports, and expectations for oil prices.
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The Russian/Ukrainian conflict has shown that a division between energy-transition rhetoric and reality can lead to profound global consequences by creating an imbalance in nations’ access to diverse flows of energy. The Energy Basket composition is determined by the demands and fluidity of the grid, as opposed to high-minded rhetoric. -
Eni and TotalEnergies’s newest gas discovery offshore Cyprus confirms geologic ties to Egypt’s Zohr field, the Mediterranean’s largest natural gas field.
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After showing an unexpected degree of resiliency, the brunt of embargoes and economic contraction are set to impose yet another big hit to Russia's output.
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Unique partnerships forward both conventional renewables and new technologies to close the gap for a carbon-free future across the globe.
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A trio of oil projects gears up to boost throughput on the Trans-Alaska Pipeline System.
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LLOG Exploration looks to engineering partner to assist with its ambitious platform re-use project in the Gulf of Mexico.
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Shell’s venture capital subsidiary has acquired Sprng Energy, one of India’s largest renewables platforms, thus tripling its operating wind and solar power assets.
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Baker Hughes has acquired the power generation division of the UK’s BRUSH group to grow its turbomachinery portfolio and decarbonization solutions capabilities.
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The Oklahoma City-based tight-oil producer has agreed to acquire Validus Energy.
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Pending US Law Offers Big Boost to CO2 Storage Credits in Exchange for New Fees on Methane EmissionsUsing a carrot-and-stick approach, the US federal government is poised to spur the nation's oil and gas industry into doing more to combat emissions.
