Management
The rise in China’s gas production, now exceeding that of Qatar and of Australia, is also limiting growth in its LNG demand.
TotalEnergies will instead invest in the Rio Grande LNG plant, upstream conventional oil development in the US Gulf of Mexico, and shale-gas production.
Equinor said it found between 14 million and 24 million BOE with its most recent exploration well in the Polynya Tubåen prospect.
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The $32-million deal nets producer proved reserves of 3.2 million BOE. -
As money pours into the space, questions arise about whether the method of removing carbon from the atmosphere is the best investment.
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The oil and gas industry is embracing digital technology not just as a differentiator but as an enabler of innovation. The simple reality is that, if one doesn’t, they risk being out of the game.
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New terms would allow contractors more than 50% equity share in some new blocks.
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BP, QatarEnergy and Zarubezhneft were among the other winners.
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In this podcast episode and transcript, Terry Palisch talks about the impact of the energy transition on the industry and technology and how SPE is helping its members adjust to the shifting landscape.
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A gold strike was announced in October. But in this case the gold was naturally occurring hydrogen in a former coal basin in France.
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The oil and gas industry’s sustainability and success depend on its ability to cultivate and nurture a skilled and knowledgeable workforce.
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The two newest crew members of the Pazflor floating production, storage, and offloading unit are a pair of robots capable of inspecting 1,700 different points of interest.
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The three companies signed a Memorandum of Understanding to explore the development of an energy-specific large language model.
