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Supermajor down, but not out of Brazilian exploration game. -
Geologists have identified a formation with a world-changing potential for carbon dioxide storage, but some engineering is required.
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The operator had been in communication with government about the future of the permits since 2020.
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Norwegian oil company gets $220 million for 28% of the license.
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Italian company finds 200 million BOE with its Block 7 exploration well.
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The French supermajor calls deal "more straightforward" than spin-off of business.
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The first of two exploration wells planned to be drilled in Mexico's Block 30 is being hailed as a success by the German operator.
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With the methane emissions tax contained in the Inflation Reduction Act looming, confusion reigns over just how to calculate emissions and concerns grow the tax will hit smaller and mid-size companies hardest.
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The Center for Western Priorities’ annual Western Oil and Gas Spills Tracker report shows that Colorado’s oil and gas industry is trending in the wrong direction on drilling-related spills.
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The gathering’s goal is to install 120 GW of wind power in the North Sea by 2030.
