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This month’s column reviews the evolution of our membership, focusing on young professional members whose demography is a point of concern.

Jose Formigli, Chevron’s Anchor Project, and Arun Duggal are this year’s winners.

Closed-loop geothermal systems have entered the new-energy arena to generate electricity using the underground as a heat exchanger.

Equinor will reduce investments in renewables over the next 2 years by 50% to $5 billion and will increase its focus on oil and gas production, expecting more than 10% growth from 2024 to 2027.

Upgraded sour-gas injection and a new third-generation processing plant are key to keeping supergiant Tengiz producing for years to come.

The new Sevan-designed cylindrical FPSO is expected to flow 45,000 BOE/D at peak.

The companies said they plan to work together on developing geopressured geothermal systems for low-carbon energy storage and geothermal power generation.

Join us in celebrating these sections as they celebrate milestone anniversaries of 50 or more years.

While the court overturned approval for Shell's Jackdaw and Equinor's Rosebank projects, the companies can reapply for consent. Work on the projects can continue, but no fuels can be extracted until the government decisions are retaken.

Chevron’s announcement comes on the heels of ExxonMobil’s announcement in December of a similar project to deliver natural gas-fueled electricity to US data centers.