Asset Management
With $9.6 billion in assets in the market, the focus is shifting from who is exiting Southeast Asia to who is positioning for entry through acquisition, according to Rystad Energy.
Despite significant progress in capturing associated gas for domestic use, Iraq remains the world’s third-largest gas-flaring country as it aims for higher oil and gas production targets.
Transaction adds 90,000 net acres and 68,000 BOE/D of production as Crescent expands its South Texas footprint.
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South Africa’s Sasol has nixed plans to invest in the proposed African Renaissance Pipeline, opting instead to import LNG by tanker from Mozambique where TotalEnergies, Eni, and ExxonMobil are developing projects.
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New to the exhibit floor this year, the Energy Transition Pavilion will present advancements in alternative energy sources and the technology being developed to decarbonize, drive sustainability, and improve energy efficiency.
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The operator's latest deepwater platform is unlike any the company has built before—diminutive by design.
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Delek Group subsidiary Ithaca Energy has acquired private equity-backed Siccar Point Energy to become a major player in the North Sea.
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QatarEnergy is farming into ExxonMobil’s North Marakia deepwater exploration project offshore Egypt as it further grows its position in the East Med and a share of possible future gas sales to Europe.
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The decision comes after an environmental review showed that the floating production, storage, and offloading vessel-based development was unlikely to cause negative environmental effects.
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Supermajors continue to align their goals with a net-zero future while strides are made across the globe to add CCS, solar, and wind projects to help achieve ambitious green energy goals.
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The surge in oil and gas prices has reminded Europeans that they still need hydrocarbons and reminds them why they want to replace them.
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Among the biggest questions for crude markets today is where Russia’s export volumes are headed and to whom.
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Russian producer takes over program left by bankrupt Fieldwood Energy.