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Denbury acquires carbon-storage land in the South, Baker Hughes forms a new wells consortium, and Chevron and BP expand their investments. Hydrogen takes center stage across the globe, while the international energy transition makes strides toward its goals.

NextDecade pushes the final investment decision on project to the first quarter of 2023.

The data-management company has raised its investment in the technology company IWS by $7.9 million, with an agreement to invest an additional $25 million depending on the performance of IWS.

Equinor has submitted a plan for development and operations with Norwegian authorities that would add gas compression and electrification to the Hammerfest LNG plant.

Roughly 190 nations, aiming to halt a dangerous decline in biodiversity, agreed to preserve 30% of the planet’s land and seas. The United States is not officially a participant.

There are two principles that should guide efforts to rebuild Ukraine’s energy system: ensuring energy security and independence and deepening the connection and economic relationship between Ukraine and the European Union. To accomplish both, Ukraine should develop its potential renewable energy resources.

Aker BP submitted the NOAKA development plan along with 10 other investments on the Norwegian shelf that collectively represent one of the largest private industrial developments in Europe.

The two companies said they will work together to try to find the best places to develop geothermal energy and advance the necessary technologies to commercial scale.

The Railroad Commission of Texas is inspecting injection wells in the Gardendale Seismic Response Area where a magnitude 5.3 earthquake and multiple aftershocks struck.

Chevron and Occidental plan to launch separate projects to help secure the commercial future of geothermal development in the US.

The optimization process presented in this paper gradually incorporates process control, digital twins, planning, scheduling, and blending for refiners.

Leveraging its existing natural gas interests, plus renewables potential in Egypt and Mauritania, BP is now factoring in Africa to realize its global ambitions as a hydrogen producer.