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...It said the deal could boost its production to 150,000 barrels of oil equivalent per day by the early 2030s — more than double its output in 2023....
...Most of the oil will flow from Alberta’s oil sands, whose energy-hungry methods of extraction make it the source of some of the planet’s most carbon-intensive crude....
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...The revision comes after the company pledged to devote a higher proportion of spending to oil and gas last year, and other oil groups such as BP have slowed their retreat from oil....
...oil and gas assets in the ageing basin....
...Much of his firepower derives from a humble source: a small oil refining and nitrogen fertiliser company in the US heartland....
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...Their entire product is based on oil. I don't see a way that they can truly reduce without offsetting. One of the analyses I used as an example was Xbox versus Lego....
...Deep dive BP is betting big on the Gulf, 14 years after the Deepwater Horizon explosion caused the biggest offshore oil spill in US history, The Wall Street Journal reports....
...It was taken over in 2012 by Leucadia National Corporation, an oil-to-beef conglomerate, but the merged company pared back its other investments to focus solely on investment banking work....
Imports of the gas helped Europe avert full-blown energy crisis after invasion of Ukraine
...Plenty of people raised questions about BP’s corporate governance in the wake of the disastrous Deepwater Horizon oil spill in 2010....
...The repairs at Montara reduced total lifted volumes by 11 per cent to 3.9mn barrels of oil equivalent (boe)....
...If there is a wave of oil mergers, should wildcatters be kept from buying natural gas drillers? Panuwat struggled to explain the unusual coincidence about the timing of his trade....
...Even as global temperatures smash through record highs, the oil industry is claiming the world can’t afford the rapid transition from fossil fuels to cleaner energy....
...As a major shareholder in US oil producers Chevron and Occidental, Berkshire has benefited from an emerging argument, since the energy crisis generated by Russia’s full-scale war on Ukraine, that weaning...
...Ethylene is produced from hydrocarbons derived from oil and natural gas and is a feedstock for the most widely used plastic, polyethylene....
...Berkshire did not disclose any new investments in the fourth quarter of 2023, although it increased its holdings in satellite radio operator SiriusXM and in oil majors Chevron and Occidental Petroleum....
Co-founder of US gas export developer failed to repeat previous success at Cheniere Energy
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