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Oil Market Outlook: A Year of Growth, but Slower Than Before

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The global oil market is full of potential but also fraught with challenges. A Year of Growth, but Slower Than Before The International Energy Agency (IEA) has revised its forecast for global oil demand in 2024, projecting growth of 921,000 barrels per day (bpd) a slight increase from earlier predictions of 862,000 bpd. million bpd.

Oil 40
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AI advisor helps geoscientists unlock the value of exploration data

IBM: Oil & Gas

Resource optimization is the key challenge facing oil and gas companies today. AI powers a new way of oil and gas exploration decision making To improve the process, we worked with IBM Research in Brazil to create a GeoScience Advisor that combines the digital with the human. Want to learn more about IBM solutions for Oil and Gas?

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Happy Halloween! ExxonMobil, BP, Shell, and More Face Tricks and Treats in a Spooky Q3 Earnings Season

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As the leaves fall and we settle into Halloweens cozy, pumpkin-spiced vibes, its not just the ghostly shadows creeping through the energy sector; major oil companies have reported mixed Q3 earnings, facing various challenges and surprises. Despite a dip in realized oil prices and a 13.5% billion, its lowest in nearly four years.

Oil 40
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Expand Energy: From Chesapeake’s Fall to America’s Top Natural Gas Producer

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gas basins, rising LNG demand and domestic consumption growth is well-aligned to support long-term gas price improvements and sustained company growth. 2016 McClendons Indictment and Death McClendon faced a federal indictment for alleged oil and gas lease bidding conspiracy.