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The UK company will purchase oil producing acreage across the northern part of the south Texas Eagle Ford shale play.
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Fueling the success of SPE members and the future of the oil and gas industry.
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Equinor advances Irpa and Verdande field development projects closer to first oil with a raft of contract awards.
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Wind projects take center stage around the world, while Canada finalizes a geothermal energy project. In Finland, construction begins on the country’s first industrial-scale green hydrogen facility.
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BP’s deal with Norway-based Deep Wind Offshore aims to generate nearly half of the 13 GW of electricity Korea plans to produce from offshore wind by 2030.
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An International Energy Forum report says oil and gas upstream capital expenditures increased to their highest level since 2014 but more is needed.
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The company revealed programs for managing production and industrial asset performance. It also announced a collaboration aimed at enhancing rig visualization.
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Wood Mackenzie said "advantaged barrels" that are cheap to extract and with low emissions represent less than a third of untapped resources.
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The Texas coast LNG terminal had been idled since a fire damaged a portion of the facility in June.
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The deepwater US Gulf of Mexico is the template for Shell's Whale development due online in 2024.
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Elon Musk-led firm puts hold on exploration of marine-based launch pads ... for now.
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Nabors expanded its push beyond the oil business by acquiring an Australian solar power company selling a round-the-clock power technology.
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