This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The world needs upstream investments in existing oil and gas fields to support global energy security, Fatih Birol, the executive director of the International Energy Agency (IEA), said at the CERAWeek by S&P Global conference in Houston.
The worlds largest independent oil trader, Vitol, will buy stakes in some upstream assets in West Africa from Eni for $1.65 Vitol, for its part, has been looking to get into more upstream and downstream assets after the worlds biggest billion, subject to closing cash adjustments, the Italian energy major said on Wednesday.
(Oil Price) –The world needs upstream investments in existing oil and gas fields to support global energy security, Fatih Birol, the executive director of the International Energy Agency (IEA), said at the CERAWeek by S&P Global conference in Houston. There is a need for oil and gas upstream investments, full stop, Birol added.
The worlds biggest oilfield services provider, SLB (NYSE: SLB), flagged heightened uncertainties about upstream oil and gas investment amid fears of economic slowdown, fluctuating oil prices, and unknown tariff talks outcomes and impacts. SLB reported on Friday earnings per share (EPS) of 0.72
Calgary, Alberta (April 23, 2025) Enverus Intelligence Research (EIR), a subsidiary of Enverus, the most trusted energy-dedicated SaaS company that leverages generative AI across its solutions, is releasing its summary of 1Q2025 upstream M&A activity and outlook for the rest of the year. energy producers, and more than 40,000 suppliers.
(World Oil) – Enverus Intelligence Research (EIR), a subsidiary of Enverus, is releasing its summary of 1Q2025 upstream M&A activity and outlook for the rest of the year. Upstream M&A opened 2025 with $17 billion in deal value, the second-best start to a year since 2018.
A Drop in PV Module Orders is Anticipated in May; Price Drops Spread Across Midstream and Upstream Segments PolysiliconLatestPrices(asofApril30,fromTrendForce'sNewEnergyResearchCenter):ThemainstreamconcludedpriceformonorechargepolysiliconisRMB39.5/KG,whilemo. KG,whilemo.
Module Production Sees Recovery, Upstream Sectors Still Engaged in a Power Struggle PolysiliconThemainstreamconcludedpriceformonorechargepolysiliconisRMB37/KG,whilemonodensepolysiliconispricedatRMB35/KGandN-typepolysiliconiscurrentlyp.
In a strategy reset last month, BP said it is increasing its investment in upstream oil and gas to $10 billion per year while slashing spending on clean energy by more than $5 billion a year. In the upstream, BP will aim for 10 new major projects to start up by the end of 2027, and a further 810 projects by the end of 2030.
Stable Prices Across the Solar PV Supply Chain with Upstream Segments Eyeing Increases PolysiliconThemainstreamconcludedpriceformonorechargepolysiliconisRMB34/KG,whilemonodensepolysiliconispricedatRMB32/KGandN-typepolysiliconiscurrentlyp.
Upstream and downstream competition intensifies; Polysilicon wafer companies support the raise of prices PVwaferpriceshaveremainedstablethisweek.TheaveragetransactionpriceofN-typeG10Lwafers(182*183.75mm/130μm/256mm)remainedat1.11yuan/piece.N-typeG12Rwafer. typeG12Rwafer.
Backed by Western and Turkish support, Libyas internationally recognized government is attempting to revitalize its upstream oil and gas sector, which is already attracting notable global interest. Despite its potential, the country continues to struggle with instability and lacks the international attention needed for sustainable progress.
Polysilicon and Wafer Production Continues to Decline in September, Intensified Price Negotiations in Upstream Sectors PolysiliconThemainstreamconcludedpriceformonorechargepolysiliconisRMB34/KG,whilemonodensepolysiliconispricedatRMB32/KGandN-typepolysiliconiscurrentlyp.
solar capacity Expansion Fierce, But Upstream Industry Layout Slightly Inadequate TheInflationReductionAct(IRA),signedbyPresidentBidenin2022,hassignificantlyboostedtheriseofthedomesticphotovoltaic(PV)manufacturingindustryintheUnited.
September Sees Continued Downward Adjustment in Polysilicon and Wafer Productions, Intensifying Price Disputes in Upstream Segments PolysiliconThemainstreamconcludedpriceformonorechargepolysiliconisRMB34/KG,whilemonodensepolysiliconispricedatRMB32/KGandN-typepolysiliconiscurrentlyp.
Crystalline Silicon Weekly Review: Prices have been reduced across the board, and differences between upstream and downstream have increased. Polysiliconpricesfellacrosstheboardinthisweek.Thetransactionpricerangeofn-typerodsiliconwas55,000-60,000yuan/ton,andtheaveragetransactionpricewas58,60.
billion in deepwater oil and gas exploration and development offshore Nigeria, the local regulator, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has said. supermajor ExxonMobil plans to invest as much as $1.5
Upstream Polysilicon and Wafer prices Experience an Uptick; Module Prices Halt Their Decline and Stabilize PolysiliconPolysiliconpriceshaveincreasedslightlythroughouttheweek.ThemainstreamconcludedpriceformonorechargepolysiliconisRMB74/KG,whilemonodensepolys.
All in all, were looking at refining margins for the first-quarter of this year that are better than 2024, even as upstream margins weaken and the industry at large expresses concern over
The cost of upstream materials has fallen, and the profit distribution has flowed to the battery link From2023,upstreammaterialpriceshasfallensharplywiththeeasingofsupplyanddemand.From2023,thekeypointofthelithiumbatterymaterials is"pricereduction".Duet.
This weeks call from the International Energy Agency (IEA) for continued investment in existing oil and gas fields is another moment of truth for the Paris-based agency, highlighting its inconsistent messages about upstream investment, OPEC says. OPEC reviewed the messages the IEA has issued since 2017 in an article published on its website.
We are proceeding with promotion activities because the blocks have already been identified and the data is in place, Charles Sangweni, director general of Tanzanias Petroleum Upstream Regulatory Authority (PURA), told Bloomberg in an interview published on Thursday.
Natural gas producer EQT Corporation has agreed to buy upstream and midstream assets of Olympus Energy for $1.8 billion in a deal that would bolster EQTs inventory in the Marcellus and Utica shale gas regions. The total consideration of $1.8 billion is composed of approximately 26 million shares of EQT common stock, representing $1.3
Profits in PV upstream supply chain have risen in 2024 Q1 and are expected to continue in the next two quarters, but at a slower rate In2023,thegrossprofitofthePVsupplychainwillbeabout514billionyuan,withayear-on-yeargrowthrateof-8.23%.Thecalculationprocessincludesindustrialsilicon,si. Thecalculationprocessincludesindustrialsilicon,si.
Upstream oil companies ramped up hiring in February, the Texas Independent Producers and Royalty Owners Association (TIPRO) said on Friday, marking the second straight month of growth.
Lower upstream spending amid falling oil prices is set to slow the growth in oil supply from producers outside the OPEC+ pact this year and next, OPEC said in its monthly report on Wednesday.
EQT said on Tuesday it plans to acquire the upstream and midstream assets of Olympus Energy in a deal valued at $1.8 The company also beat first-quarter profit estimates on Tuesday, benefiting from higher natural gas prices. The company reported an adjusted profit of $1.18 per share, for the quarter ended March 31, above [Read more]
La regla general en el 2013-2014 eran los contratos de exploracin y de extraccin, estos se adjudicaban en un proceso competitivo (las rondas de licitacin que fueron conducidas por la CNH), y de manera excepcional se permita a la Sener que le asigne a Pemex un rea especfica para llevar a cabo las actividades petroleras, inform Pimentel.
Rebalancing IOCs Positioning in the Upstream Petroleum Sector in Iraq The Ministry of Oil (MoO) recently concluded an agreement with BP covering four main oilfields in Kirkuk , following an earlier contract with an unidentified Ukrainian company to resume development of the Akkas gas field. By Ahmed Mousa Jiyad.
Reported upstream production in the first quarter is expected to be lower compared to the prior quarter, with oil production slightly higher and gas and low-carbon energy output lower, including announced divestments in Egypt and Trinidad completed towards the end of prior quarter, BP said in a Q1 trading statement on Friday.
Exxons earnings in the upstream segment could be up to $900 million higher in the first quarter compared to the fourth quarter of 2024, due to higher oil and gas prices and timing effects, the supermajor said in an SEC filing.
natural gas scene, marking its first real foray into the Lower 48s upstream and LNG ambitions. Mubadala Investment Co just planted its flag in the U.S. The Abu Dhabi wealth funds energy arm has snapped up a 24% stake in SoTex HoldCo LLCoperator of a shale gas field and backer of an LNG terminal in Louisiana.
Cypre is one of BPs 10 major projects expected to start up worldwide between 2025 and 2027, announced as part the reset strategy to grow upstream production. The Cypre development is the second major project to start up in two months, during which the UK-based supermajor sought to convince shareholders its investment case is now stronger
TIPRO appreciates the enormous contributions of the Texas oil and natural gas industry from an economic and energy security perspective', TIPRO President Ed Longanecker said.
The meeting discussed the company’s activities in its concession areas in the Western Desert of Egypt and its future plans to intensify upstream activities. The post Egypt, Capricorn Energy Talk Upstream Future Plans first appeared on Egypt Oil & Gas.
As a result of recent commodity price movement and significant market volatility, there are high uncertainties in outlooks for future energy supply, demand, and prices', TIPRO warned.
TIPRO's new workforce data still indicated strong job postings for the Texas oil and natural gas industry', the Texas Independent Producers and Royalty Owners Association said.
upstream growth, driven by advantaged assets like the Permian Basin, is central to the companys long-term performance. Upstream Results: Permian Power ExxonMobils U.S. upstream earnings jumped to $1.87 Upstream Results: Permian Power ExxonMobils U.S. upstream earnings jumped to $1.87 billion in Q1 2024.
Oman state upstream firm OQEP saw its net output dip to 225,000 b/d for 2024 but eyes a rebound this year on the back of capacity expansion at its key Block 60.
energy major Exxon Mobil signaled in a regulatory filing on Thursday that changes in oil prices would boost its first-quarter upstream earnings by up to $400 million. Its shares rose marginally in extended trading, having closed 5.3%
British oil and gas producer BP said on Friday that reported upstream production in the first quarter is expected to be lower compared to the previous quarter.BP
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content