Remove Gas Remove Oil Remove Upstream
article thumbnail

IEA: The World Needs Upstream Oil and Gas Investment

OilPrice

The world needs upstream investments in existing oil and gas fields to support global energy security, Fatih Birol, the executive director of the International Energy Agency (IEA), said at the CERAWeek by S&P Global conference in Houston.

Upstream 340
article thumbnail

IEA: The world needs upstream oil and gas investment

Oil & Gas 360º

(Oil Price) –The world needs upstream investments in existing oil and gas fields to support global energy security, Fatih Birol, the executive director of the International Energy Agency (IEA), said at the CERAWeek by S&P Global conference in Houston. Atkinson authored a report in partnership with Mark P.

Upstream 246
Insiders

Sign Up for our Newsletter

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

article thumbnail

Tanzania Plans to Launch Its First Oil and Gas Bid Round in Over a Decade

OilPrice

Tanzania plans to launch in May its fifth oil and gas licensing round for 26 exploration blocks in what will be the East African countrys first such bidding round since 2014.

Oil 227
article thumbnail

OPEC Demands Consistency After Another IEA U-Turn

OilPrice

This weeks call from the International Energy Agency (IEA) for continued investment in existing oil and gas fields is another moment of truth for the Paris-based agency, highlighting its inconsistent messages about upstream investment, OPEC says.

Field 210
article thumbnail

W Energy Software to Launch Natural Gas Measurement Solution

NGT News

W Energy Software, a company that specializes in upstream and midstream oil and gas ERP solutions, says it will launch its oil and gas measurement product line to track liquids and natural gas measurement data across the energy value chain later this year in the fall.

article thumbnail

bp sets new course, plans 75% group capex allocation to upstream oil and gas

Oil & Gas Journal

The company will increase upstream spend to 75% of group capex as it simultaneously plans to become more selective with energy transition spending.

article thumbnail

BP looks to hire two more directors under oil-focused strategy

Oil & Gas 360º

(Oil Price) –BP is looking to raise the number of its board members and hire two more directors as part of its strategy to boost oil and gas production and shareholder returns, the Financial Times reported on Tuesday, citing sources familiar with the plans. Production is also expected to grow, to 2.32.5

Oil 130