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The second major deal in the US proppant industry this year will see US Silica go forward as a private company.

The geothermal company will use organic Rankine cycle (ORC) technology, which does not require steam to generate electricity.

The $48.5-billion investment aims to keep the 30-year-old project in western Kazakhstan flowing for years to come.

The asset combination is structured under Eni’s “satellite model,” which Eni has deployed successfully with similar upstream joint-venture deals in Norway and Angola.

Private explorer Rhino Resources has tapped the oil services giant for upcoming Orange Basin campaign.

Oman’s Marsa LNG plant expects to drop its first LNG in Q1 2028 with production aimed at serving the marine fuel market (LNG bunkering) in the Gulf.

The US upstream sector began 2024 with $51 billion in mergers and acquisitions though Enverus outlines why the dealmaking may slow down.

To meet the objective of balancing economic prosperity, energy security, and environmental protection, a natural gas gasification process within a downhole completion tool is proposed that converts methane wells into hydrogen production wells, while simultaneously capturing the process-generated carbon downhole and reinjecting the carbon dioxide into the surrounding g…

The final rule amends existing regulations and increases the level of financial assurances that operators must provide in advance.

The contractor will provide 17 pipeline centrifugal compressors for Aramco’s ongoing project in Saudi Arabia.

The Bureau of Land Management finalized the Management and Protection of the National Petroleum Reserve in Alaska rule aimed at more than 13 million acres in the western Arctic.

Belgium, the Netherlands, Germany, Norway, the UK, and Denmark have signed a joint declaration aimed at protecting critical infrastructure in the North Sea, including subsea fiber-optic cables, gas and oil pipelines, electricity transmission cables, and offshore wind installations.