For the upcoming week, Stratas Advisors predicts oil prices will have a downward bias, in part because of concerns about economic growth and oil demand.
Here’s a roundup of the latest E&P headlines, including an awarding of blocks from Lease Sale 259 and the start of production from a new well.
Concerns about the global economy will be a counterforce on oil prices, says Stratas Advisors' John Paisie.
The extension of the supply cuts from OPEC+ have overcome concerns about global oil demand and to push price of Brent crude above $90 for the first time since November 2022.
Here’s a roundup of the latest E&P headlines, including an FLNG design and engineering contract and new seismic offerings.
U.S. investment in African natural gas could illuminate the lives of more than 600 million people living without access to electricity.
Here’s a roundup of the latest E&P headlines including plans the Brasse tieback on the Norwegian Continental Shelf and several contract announcements.
So far in the third quarter 2023, a new field has come onstream offshore Ghana and infrastructure-led exploration has begun in the Gulf of Mexico.
European energy giant Shell plc looks to add around 8.6 mtpa of net liquefaction capacity to its portfolio through four projects spanning three continents beyond 2025.
APA Corp.’s confidence is growing offshore Suriname, where the company sees the potential to develop the South American country’s first offshore oil hub while it continues to run five rigs in the Permian Basin.