Remove Exploration and Production Remove Field Remove Supply Chain
article thumbnail

Demand, tariffs and production economics will drive reshoring revival

Enverus

The report also explores regional load growth variations influenced by infrastructure and adoption trends, the impact of recent legislation and tax credits on manufacturing and the comparative economics of imports versus domestic production. Using domestic products in renewable projects adds investment tax credit benefits.

article thumbnail

AI in Oil and Gas – A Game-Changer for Efficiency and Profitability

Aresco

AI-powered technologies are enabling companies to optimize operations, enhance oil and gas exploration, and prevent costly disruptions. AI-Driven Exploration: Unlocking New Potential Oil and gas exploration has always been a high-stakes endeavor, requiring extensive research, testing, and investment.

Oil 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Upstream Midstream Downstream – What is the Difference?

Aresco

Upstream Midstream Downstream are terms commonly used in the oil and gas industry to describe different stages of the production and distribution process. Each sector has distinct activities and focuses on specific aspects of the overall oil and gas supply chain. What is oil and gas upstream midstream downstream?

article thumbnail

BP’s Big U-Turn: Why Is the Energy Giant Returning to Oil and Gas? Shell, Equinor, and Exxon Are Making the Same

Rextag

BP has announced a shift in its energy strategy, moving away from aggressive renewables investments and increasing its oil and gas production spending. To optimize profits, the company will focus on significant oil and gas projects, production expansion, and strategic asset divestments. million and 2.5 million barrels per day by 2030.

Oil 40
article thumbnail

The Great Energy Debate: Why the IEA's Peak Oil Forecast Might Be Completely Wrong - 23 Wrong Assumptions

Rextag

Ford lost $60,000 per EV in 2024, forcing automakers to scale back production. Renewable projects in the region are progressing slowly, and natural gas infrastructure is not expanding fast enough to replace oil in electricity production. shale oil declines even faster, with some fields experiencing annual decline rates as high as 28%.

Oil 40
article thumbnail

Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant

Oil & Gas 360º

Our combined company will include exceptional technical and support personnel from the two companies in both the office and field and an experienced Board of Directors that prioritizes sustainable and profitable growth to generate strong returns for our combined shareholders. million acres in Alberta. billion 1.

Energy 130