03 January 2025
03 January 2025
On average, respondents expect a West Texas Intermediate (WTI) oil price of $71 per barrel at year-end 2025.
TotalEnergies holds a 75% interest in the JV while Vantage retains the remaining 25%.
The move is expected to enhance Pembina's service offering and support long-term plant utilisation.
The oil giant has access to vast mineral resources, occupies a strategic geographical position and is hoping to establish an investment-friendly environment as it continues its path of economic diversification.
Operational risks are also reduced due to a lesser need for human intervention in hazardous environments, which is a very important advantage of digitalisation.
Slovakia plans to reduce electricity exports to Ukraine and decrease aid to refugees.
The acquisition boosts market presence, enhances downhole drilling technology and grants access to Titan's advanced materials and design expertise.
Drilling at Mopane-2A reveals significant hydrocarbon presence in Namibia's PEL 83.
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