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...That left the former with the upstream business focused on gas exploration and production and the latter on storage and transport....
...Such pricing “seriously jeopardises non-Chinese producers and exploration projects”, said Ellie Saklatvala, head of non-ferrous pricing at Argus....
...“These incentives allow operators to receive a higher cut of production in order to recover capital and operating costs on projects....
...Companies also remain steadfast in terms of exploration. GEM tracked 50 new project discoveries between 2022-2023, totalling about 20bn boe....
...A handful of exploration companies are searching for new deposits of uranium, which has tripled in price since the start of 2021 because of a resurgence in interest in nuclear energy....
...There are few signs the industry plans to plough the extra profits generated by the recent upswing in prices back into new exploration or production....
...Wood Mackenzie forecasts peak production of 1.5mn b/d of production by 2033 — more than that of many Opec countries....
...Among the US’s shale exploration and production specialists, analysts said larger remaining companies would look to combine to gain scale and present an attractive target for a supermajor buyout down the...
...This means cashflows dry up if they make no new discoveries, and exploration costs are capitalised if fruitful....
...Others, however, point to pressures on NAI as a factor behind her exploration of a sale. The company is being looked at by other potential bidders....
...The unusually fast ramp-up could push production to 1.2mn b/d by 2027 — equivalent to about a third of Exxon’s current daily production....
...revolution kicked off 15 years ago, John Hess was a leading proponent of using novel techniques such as hydraulic fracturing and lateral drilling — that had already sparked a boom in the country’s gas production...
...It is driving a frenzy,” said Tom Reddicliffe, a 40-year mining veteran and executive director of GreenTech Metals, whose exploration rights in the Pilbara have buoyed its share price amid heightened deal...
...It reached an agreement in late March to reopen the Porgera mine in Papua New Guinea, where production has been suspended since 2020 after a dispute with the government....
...Can you imagine his story being accompanied by an exploration of the impact on his identity of the colour of his skin?...
...Boric’s proposals fall short of full nationalisation, envisaging majority state-owned partnerships with private companies for the exploration and production of lithium deposits....
...This season features works created by soloist Tobias Praetorius and corps de ballet members Tara Schaufuss and Matteo Di Loreto....
...Companies such as Devon Energy, Pioneer Natural Resources and EOG Resources that lead exploration in shale rock regions earned outsized profits last year after energy prices soared in the wake of Russia’...
...A lack of exploration and greenfield development means that the production levels of most gold mining companies are set to decline in the years to come, further fuelling the desire for mergers....
...& Production Council, a lobby group that counts EQT among its members....
...and production arm Pertamina Hulu Energi....
...The Artemis programme aims to return astronauts to the Moon and establish a long-term lunar colony as a precursor to human exploration of Mars....
...Diamond producer De Beers has appointed Al Cook, who most recently led Norwegian oil major Equinor’s exploration and production business, as chief executive....
...The International Energy Agency last year said that in order to reach net zero emissions by 2050, energy companies needed to halt all new oil and gas exploration projects....
...Foremost has been the success of Musk and SpaceX’s chief operating officer, Gwynne Shotwell, at pushing disruptive technologies into mainstream production....
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