Business/economics
The US upstream sector began 2024 with $51 billion in mergers and acquisitions though Enverus outlines why the dealmaking may slow down.
Kampala is drawing now on international experience to sidestep the “oil curse” before first crude flows from its Lake Albert developments.
The new vessels bring QatarEnergy’s fleet to 104 as the company ramps up production with its North Field expansion.
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As the biggest US companies grow bigger, the advantage of scale becomes clearer. -
The world's largest oilfield service company made the deal to expand its exposure to the less cyclical production segment of the upstream business.
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The partnership seeks to shift the economics of carbon capture across high-emitting industrial sectors.
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Blocked by sanctions from obtaining Western technology, Tehran has turned to its domestic service industry to expand production as Chinese demand reaches new highs.
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ExxonMobil and Aramco CEOs talk molecules, electrons, and the need to "abandon the fantasy of phasing out oil and gas" at the "Super Bowl of Energy" in Houston.
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The merged companies will emerge as a new company, Innovex International, increasing its global scale and footprint in growing markets.
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After becoming one of the first US independents to go big on CCS less than 3 years ago, Houston-based Talos Energy is making its exit.
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The project advances toward the final investment decision expected this year.
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Oil demand is a "growth story" as fuel demand shifts internationally, said Rice University's Kenneth Medlock at the recent SPE/IADC International Drilling Conference and Exhibition.
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Consortium suspends planned purchase of 50% stake in Israeli gas producer in light of ongoing military conflict in the region.
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