| | | | | | At issue are differing interpretations of what a right-of-first-refusal provision means given Chevron’s plans to acquire Hess. |
|
|
|
| |
|
|
|
| | | | Sponsored | | Even the most risk-averse need to start making bets that take the energy transition into account. But the types of strategic bets that will have the biggest positive impact for your organization depend on where you sit in the value chain, the extensibility of the capabilities you have built into your core business, and the runway available to bring a viable new business model to scale. |
|
|
|
| |
| | |
|
|
| | | SABIC and Fujian Energy and Petrochemical Group have let separate contracts for licensing of process technologies to be implemented at jointly owned SABIC Fujian Petrochemicals Co. Ltd.’s olefins and derivatives complex under construction at the Gulei Petrochemical Industrial Park in Zhangzhou City, Fujian Province, China. |
|
|
|
| |
|
|
|
| | | | Chevron Mediterranean and its partners in Leviathan natural gas field offshore Israel began flowing condensate from the field to Ashdod oil refinery in western Israel on Mar. 7. |
|
|
|
| |
|
|
|
| | | | Sponsored | | The American Petroleum Institute (API) is pleased to announce the fifth editions of API 570, Piping Inspection Code: In-service Inspection, Rating, Repair, and Alteration of Piping Systems; and Recommended Practice (RP) 574, Inspection Practices for Piping System Components, two foundational standards for safeguarding piping systems used in the global refining and petrochemical industries. |
|
|
|
| |
| | |
|
|
| | | The US drilling rig count is down 3 units to 621 rigs working for the week ended Mar. 28, according to Baker Hughes data. The count is down 134 units from the 755 rigs working this time a year ago. |
|
|
| US crude oil production is expected to reach about 14 million b/d by end-2024, according to a recent report from Macquarie. The projections include a slight downward adjustment in the shale outlook offset by anticipated Gulf of Mexico strength. |
|
|
|
| |
|
|
|
| | | | Sponsored | | Improved shale reservoir training has been declared as a critical requirement for meeting future oil and gas demands. This book answers that call by addressing the reservoir characteristics, lab tests, and critical evaluation concepts that are somewhat unique to shale oil & gas plays. The information is concise, practical, and primarily intended for those directly engaged in ranking, valuing, or optimizing shale development opportunities. |
|
|
|
| |
| | |
|
|
| | | | Bass Oil Ltd. will soon begin an extended production test at the Kiwi 1 well to confirm the potential field size and gas composition. |
|
|
|
| |
|
|
|
| | | | | | | A group of 51 US-based oil and gas producers and refiners reported a total net income of $33.54 billion in fourth-quarter 2023, compared with a combined net income of $57.1 billion for the same quarter a year ago. |
|
|
| | |
| |
| | |
|
|
| | Sponsored | | Study: Private cellular networks deliver superior communication performance, but adoption in the oil and gas industry is still a work in progress |
|
|
|
| |
|
|
|
| | |
|
| | |
|
