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GOR: ratio of produced gas to produced oil, commonly abbreviated GOR [1] Peak year: year of the production plateau/peak; Peak: maximum production expected (thousand barrels/day) Discovery: year of discovery; Capital investment: expected capital cost; FID (Final Investment Decision); if no FID, then normally no project development contracts can ...
"Oil is not going to be in short supply, so we keep more of a bearish stance on oil [in 2025]," Francisco Blanch, head of Bank of America's global commodities and derivatives research, said ...
Oil traders, Houston, 2009 Nominal price of oil from 1861 to 2020 from Our World in Data. The price of oil, or the oil price, generally refers to the spot price of a barrel (159 litres) of benchmark crude oil—a reference price for buyers and sellers of crude oil such as West Texas Intermediate (WTI), Brent Crude, Dubai Crude, OPEC Reference Basket, Tapis crude, Bonny Light, Urals oil ...
The Wheatstone gas field was discovered in the Greater Gorgon Area in 2004. The final investment decision was made in September 2011, and construction began in December 2011. [ 1 ] The first shipment was made in October 2017.
Oil futures dropped as much as 2% on Wednesday before paring losses as traders weighed what Donald Trump's presidential victory could mean for energy prices.
Any moratorium on LNG export approvals could delay investment decisions by companies proposing new facilities, said Alex Munton, director of global gas and LNG research at consulting firm Rapidan ...
Investment decisions are made by investors and investment managers. These decision are made based on the finding of analysis tools based on data available about the companies. [1] Investors commonly perform investment analysis by making use of fundamental analysis, technical analysis and gut feel. Investment decisions are often supported by ...
FERC's decisions in those cases are often upheld by the courts. In a July 1, 2014, decision, No Gas Pipeline v. Federal Energy Regulatory Commission, the United States Court of Appeals for the District of Columbia Circuit (D.C. Circuit) said that pipeline applicants are not likely to pursue many certificates that are hopeless.