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The electrical submersible pump market is forecast to hit $6.7 billion in 2023.

The two companies have agreed to develop a carbon capture and storage supply chain to funnel carbon dioxide produced by German industry into storage deep beneath the Norwegian Continental Shelf.

SPE has established three new technical sections—the Management Technical Section, the Methane Emissions Management Technical Section, and the Data Science & Engineering Analytics Technical Section.

Eni and TotalEnergies’s newest gas discovery offshore Cyprus confirms geologic ties to Egypt’s Zohr field, the Mediterranean’s largest natural gas field.

A Schlumberger, Aker Solutions, and Subsea 7 partnership will collaborate on international subsea projects.

Texas Railroad Commission Chairman Wayne Christian cheered the state government’s push against environmental, social, and governance investing “extremists.”

ExxonMobil and Shell announced on 1 September that they have agreed to divest their 25-year-old joint venture Aera Energy. The California-based subsidiary reported an average production rate of almost 95,000 BOE/D in 2021, representing nearly a quarter of the state's total oil and gas output.

The Norwegian oil and gas producer announced its new spending plan that aims to raise production past half a million barrels a day.

The Russian/Ukrainian conflict has shown that a division between energy-transition rhetoric and reality can lead to profound global consequences by creating an imbalance in nations’ access to diverse flows of energy. The Energy Basket composition is determined by the demands and fluidity of the grid, as opposed to high-minded rhetoric.

After repeated air pollution violations, regulators ordered Prospect Energy to immediately cease operations at an oil and gas storage site north of Fort Collins, Colorado.