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E&P capital expenditures to exceed $700 billion in 2013

IFP Energies Nouvelles sees CAPEX to grow by 13% Based in Paris, France, the Institut Français du Pétrole et de Energies Nouvelles (IFP Energies Nouvelles) published on October 8th its last survey about the capital expenditure in the exploration and production and in refining. Published every year this survey gives an overview of the main […]

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Iraq and Kurdistan Regional Government agree on oil payment

Genel Energy to benefit from dispute resolution In November 2011, the Turkish company Genel Energy International Ltd merged with Vallares PLC to become the largest oil and gas company operating in the Kurdistan region of Iraq. Renamed Genel Energy, the new company enlisted the London Stock Exchange (GENL). For both companies the purpose of this […]

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Chevron in brief

Chevron explores next generation of energy innovation. Based in San Ramon, California,USA, for 130 years, Chevron Corporation (Chevron) is listed in NYSE (CVX) As one of the world’s leading integrated international oil and gas company  Chevron conducts business worldwide to:  – Explore, produce and transport crude oil and natural gas  – Refine, market and distribute transportation fuels and lubricants […]

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Shell to lead Carbon Capture and Sequestration in oil sands

Shell made FID on $2 billion Quest Athabasca CCS project Shell, Chevron and Marathon Oil (Marathon) made the final investment decision (FID) for the Quest CO² Capture Sequestration project through their Athabasca Oil Sands Project joint venture. In order to reduce the carbon footprint of the oil sands exploration and production in the Athabasca Oil […]

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E&P

Definition E&P is the acronym of Exploration and Production in the oil and gas industry. E&P is also the synonymous of Upstream E&P or Exploration and Production or Upstream refer in the same way to all the oil and gas activities from the search of potential reserves to the first transformation of the crude oil or […]

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