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Can Oil, Gas Survive Without Drastic Change?
Energy scholar Robert Bryce offers an unabashed view of the shale revolution, climate change and the future of energy. Spoiler alert: don’t expect oil and gas to disappear anytime soon.
Equinor, Rosneft To Extract 250 MMbbl Of Oil At Russian Field
Oil firms Equinor and Rosneft expect to extract some 250 million barrels of oil and 23 billion cubic meters of gas during the first part of the development of the Severo-Komsomolskoye oilfield in Russia, Equinor said on Dec. 23.
Petronas Buys 49% Of Repsol’s Stake In Indonesia’s Andaman III Block
Repsol will still hold a 51% stake in the block after the deal.