Shell
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Shell and Equinor are progressing the project toward a final investment decision, which is expected later this year.
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Shell has decided to pull out of the Northern Endurance Partnership, one of Britain's largest carbon capture and storage projects.
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Also: A report says Bitcoin mining could ease emissions. Haliburton is accelerating its clean-energy efforts, while insurer Chubb cracks down on methane. ExxonMobil and Linde team up in Texas. Shell plans to limit CO2 emissions in Dutch plants, and Drax presses pause on bioenergy in the UK.
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Shell is splitting up its renewables and low-carbon division as part of CEO Wael Sawan's shake-up to boost the energy giant's returns.
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The Kremlin’s agreement to settle payment enables the equity transfer to be finalized.
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After successfully identifying prospects offshore Namibia with Shell and TotalEnergies, QatarEnergy is now expanding its African footprint into Mauritania.
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The nation set to offer 14 offshore blocks in April.
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Production-sharing contracts sold were in the Baram Delta region.
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This paper presents design considerations and field-trial applications for determining practical dimensions and limits for interdependencies associated with stage length, perforation clusters, and limited-entry pressures.
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The latest Orange basin find is the third in the past year.