CPC Chairman Fang Jeng-zen said — in response to a question from Energy Intelligence — that his company is still waiting to receive the Alaska LNG development consortium front-end engineering and design (Feed) report.
The Brazilian state oil firm will invest $7.1 billion in upstream exploration in the coming years, of which roughly one-third will go to the Equatorial Margin.
Devon's planned acquisition of Coterra continues a consolidation that has given a shrinking number of players a growing foothold in the US upstream gas space.
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