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The acquisition gives Enterprise’s natural gas and NGL business an entry point into the Midland Basin.

Chevron said it is returning production to normal after a week of antigovernment protests caused logistics disruptions in Kazakhstan’s principal oil-producing region, Mangastau, which borders the Caspian Sea.

France expects to exceed self-imposed limits on coal usage to avoid power outages. This comes as nuclear power plants undergo maintenance and there are not enough renewable energy systems to fill the gap.

SPE Canada held its first carbon capture, utilization, and sequestration (CCUS) workshop in May 2021. The workshop in Calgary enabled SPE members, CCUS-focused entrepreneurs, finance providers, and policy makers to share knowledge related to emissions issues, policy, economics, technology development, and geologic considerations.

Even though total produced volumes are projected to hit new record highs in the coming years, treated water is expected to be comparatively lower than in the past, despite water disposal practices increasing oilfield seismic activity, with earthquakes nearly doubling in West Texas alone in 2021.

New projects coming on line throughout the year will vault the nation ahead of Australia and Qatar.

Energy giant also forms venture with GE to reduce emissions from gas turbines.

The European Commission is expected to allow investments flowing into natural gas and nuclear energy projects to be considered as “green” investments, assuming certain criteria are met. Germany and France, however, differ in their approaches to renewables. While Germany has abandoned nuclear power in favor of natural gas, France continues to rely on nuclear.

2020 was a year of turmoil for the upstream industry in the US, while 2021 proved to be a year of recovery.

Being first isn’t easy, as the massive Prelude has demonstrated. Since being commissioned in 2018, the world’s largest vessel has suffered a series of setbacks and has now halted production for an indefinite period of time.