A wave of major upstream oil and gas mergers and acquisitions in 2024 had companies taking a break as the year came to a close. Enverus Intelligence Research issued its fourth quarter and full ...

The upstream side of the industry tends to be the most sensitive to changes in oil and gas prices. With oil prices near the lowest level in a year, even top E&Ps like ConocoPhillips ( COP -2.53% ...

“There is a need for oil and gas upstream investments, full stop,” Birol added. Of the $400 billion annual investment in oil and gas, $360 billion goes into offsetting the decline in existing ...

The African upstream oil and gas sector is in the middle of an $800 billion capital expenditure program that will see liquified natural gas (LNG) emerge as a major investment theme alongside ...

If the production assets at top oil and gas-producing regions of the world cut their emissions by 50%, the CO2 reduction would equate to about 0.025 degrees Celsius of global warming avoided by ...

Oil reserves across Norwegian waters stood at 858 million scm as of December 2024, while that of gas landed at 1.26 trillion scm. Contingent oil in fields and discoveries was 325 million scm and ...

AUSTIN New data from the Texas Workforce Commission (TWC) indicate that upstream oil and natural gas employment grew by 1,900 in February compared to January. This is growth on top of TWC’s just ...

After hitting record highs this year, Norway’s oil and gas investment is expected to grow even higher in 2025. Greater development activity on new projects and the cost of inflation have ...

The upstream side of the industry tends to be the most sensitive to changes in oil and gas prices. With oil prices near the lowest level in a year, even top E&Ps like ConocoPhillips (NYSE: COP ...

Upstream electrification can cut oil and gas production emissions by more than 80%, report says By Reuters September 19, 2024 11:31 AM UTC Updated September 19, 2024 ...