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...The midstream company was spun off from EQT in 2018 after activist pressure, with EQT retaining its upstream business, focusing on natural gas exploration and production, and Equitrans Midstream on storage...
...and production....
...Brazil must consider capping oil production and exploration, the country’s environment minister has said, casting her in opposition to the government’s own plans of turning the nation into one of the biggest...
...High production could also make the Biden administration more focused on promoting other forms of greener energy. Independent exploration and production companies (E&Ps) have changed radically....
...That left the former with the upstream business focused on gas exploration and production and the latter on storage and transport....
...Exploration companies, meanwhile, were struggling to raise capital because of interest rate hikes, he added. “Exploration is where babies come from....
...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....
...But they also provide access to sophisticated technologies that are vital to support exploration and development of complex drilling operations....
...Almost all international exploration licences are in the Clarion-Clipperton Fracture Zone, in the Pacific Ocean near Hawaii....
...The largest US oil company by sales said it expected annual capital and exploration expenditure of $23bn-$25bn in 2024, rising to $22bn-$27bn from 2025 to 2027....
...Antero Resources has cut rig numbers from three to two and slashed its exploration budget....
...It’s only Colombia where the government has taken a different line and said that they don’t want more oil drilling and exploration....
...Tobias Kratzer’s new production of Die Passagierin for Bavarian State Opera is at once a homage to the extraordinary author and an exploration of the liberty afforded by her absence....
...“This is a thrilling example of how we can send robots to Mars and have them extract minerals that catalyse oxygen production from abundant Martian ice, making it possible for us to build a permanent self-sustaining...
...The UK’s energy minister has backed prime minister Rishi Sunak’s proposal to issue new yearly licenses for oil and gas exploration in the North Sea, arguing domestic production delivers important funding...
...Adults are production and marketing,” as Alison Gopnik memorably wrote in her book The Philosophical Baby....
...The joint venture controls 18 oil production licences and is operated by SPDC....
...The tip of Africa has seen a renaissance in oil and gas exploration since Mozambique, Zimbabwe’s neighbour, discovered vast offshore gas finds more than a decade ago....
...New exploration — such as that envisaged by the recently awarded licences — could add resources....
...Production there is declining and no big new discoveries have been made....
...That adherence to strict exploration plans suggests the US shale energy industry will shift further away from its role as a swing supplier, able to quickly turn up the production dial to douse price rises...
...“The private [exploration and production groups] were the last remaining vectors of that era of very price-cyclical boom and bust growth cycles,” said Matthew Bernstein, senior analyst at consultancy Rystad...
...These first weeks of exploration were topped off with the London Symphony Orchestra’s Barbican performance of Bruckner’s 9th Symphony, together with his Te Deum, conducted by Nathalie Stutzmann....
...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....
...“It is fair to assume that virtually every company focused on oil and gas exploration, production and refining is continuously looking to expand its oil and gas activities,” said Hortense Bioy, global director...
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