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Tag: Oil and Gas Production


Energy, Industry Focus Areas

Chesapeake to Sell Shale Oil Assets to Ineos for $1.4 Billion

February 21, 2023

Via: The Wall Street Journal

Chesapeake Energy Corp. said Tuesday that it has sold oil assets to a division of U.K. chemical maker Ineos Group AG for $1.4 billion. The deal involves oil assets in the northern part of the Eagle Ford shale basin in […]


Energy, Industry Focus Areas

BP Slows Transition to Renewable Energy as Oil Bonanza Continues

February 7, 2023

Via: The Wall Street Journal

BP PLC said it would slow its shift to lower-carbon energy, increasing spending on the oil-and-gas production that helped push the company to a record profit last year. BP in the fourth quarter joined its peers on both sides of […]


Energy, Industry Focus Areas

Chevron Buys Anadarko in $33 Billion Bet on Shale Oil, LNG

April 12, 2019

Via: Industry Week

Chevron Corp. (IW 500/5) agreed to buy Anadarko Petroleum Corp. in a $33 billion bet on the Permian shale-oil region and liquefied natural gas, intensifying a battle with Exxon Mobil Corp. to be America‚Äôs top energy company. Chevron is making […]


Energy, Industry Focus Areas, Process, Production

Data and Analytics Take Hold in Oil and Gas Production

January 9, 2018

Via: Industry Week

The oil and gas industry, like many others, is embracing and intensifying its use of data and analytics. And it is no surprise. The industry has learned what other manufacturing industries have long known: tapping into the power of data […]