Search Results
for IOCs

BP to be “Net Zero:” Unpacking the Oil Major’s Announcement
If BP sticks to its net-zero commitments, it could offer a model for other international oil companies to follow.

Soap Opera Surrounding New Iran Contracts Enters Final Act
Iran's oil ministry wants to attract $150 billion over five years with its new contract terms, but doing business with Iran is still tricky, and the global oil industry is looking to cut $1 trillion in investment over the same time frame.

Following a Tumultuous History, IOCs Consider a Return to Iran
Iran has a long history of offering noncompetitive contracts to IOCs. If sanctions are removed, new contract terms are likely to draw companies back to its low-cost reserves.

For Iran’s Oil Sector, Early Excitement Obscures Challenges Above and Below Ground
For the first time in a decade, there is genuine buzz about Iran’s prospects and its plans for the future. Matthew M. Reed discusses the many obstacles facing plans to rejuvenating the country's oil industry.

Top Three Notorious Oil and Gas Megaprojects
Consumers may be enjoying the current low prices, but as oil companies are steadily pushed into more and more challenging geological and political environments, they should probably enjoy cheap fuel while it lasts.