GlobalData
Posted inDRILLING & PRODUCTION
US shale producers remain disciplined with production and capital guidance despite high oil prices
Throughout the pandemic, US shale producers have behaved rather conservatively with respect to production levels and have not reacted too quickly to the increase in oil price
Posted inExploration & Production
Production of Permian Basin to recover completely by 2022 from COVID-19 slowdown
Steady production growth along with positive investment outlook has set the expectation of production reaching to the pre-pandemic levels by 2022 after recovering completely
Posted inExploration & Production
ESG disruption will shake up oil and gas market and is an opportunity for companies
Oil and gas companies will need effective governance to steer themselves through the existential disruption that the next three or four decades will bring
Posted inExploration & Production
Malaysia to lead global offshore natural gas production from upcoming projects in 2025
GlobalData expects Malaysia to contribute around 12% of global natural gas production in 2025
Posted inExploration & Production
Significant capacity for CCUS needed to achieve net-zero emission targets
In comparison to the total emissions level, CCUS capacity is relatively insignificant and requires a collective effort from global government and industry leaders
Posted inExploration & Production
Middle East to lead global gas processing capacity growth through 2025
The Middle East will account for around 37% of global gas processing capacity growth by 2025
Posted inExploration & Production
TotalEnergies looks to oil growth amid conflicting energy transformation strategy
Despite its rebranding, TotalEnergies has suggested that it does not intend to reduce its scope 1 and 2 emissions in the short-term at least
Posted inExploration & Production
Bakken Shale needs more investments to fully recover: GlobalData
Bakken Shale accounted for a mere 11% of oil and 2.8% of natural gas production in the US Lower 48 for 2020
Posted inExploration & Production
GlobalData: TotalEnergies looks to oil growth amid conflicting energy transformation strategy
The company is planning to reduce its net scope 1 and 2 emissions from 2025 onwards and reach net zero by 2050