Oman will open a new round of bidding on two onshore blocks from which previous license holders are exiting and a promising offshore block near where production has recently been initiated from the Yumna field.
Occidental Petroleum is planning a carbon-intensive future with revenues from oil expected to be put toward pulling carbon dioxide out of the air.
Jeff Gustavson will become president of Chevron New Energies effective 2 August as the company seeks to manage its low-carbon business prospects.
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President's Column
  • As the COVID-19 pandemic subsides in most parts of the world, it is time for our ship to leave port. As we pull up our anchor, we must accept that there are risks out there, but we must get back to the task of exploration and production to improve lives, mitigate poverty, and provide the energy to enable a modern global society.
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