Energy transition
A new Eni/Petronas venture is targeting 500,000 BOE/D in output from combined upstream portfolios across Malaysia and Indonesia.
2025 has seen an 81% year-on-year rise in the number of small modular reactor designs to have secured at least one source of funding or a funding commitment.
The global oilfield service company is working with Ormat Technologies to boost its integrated geothermal business.
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The surge in oil and gas prices has reminded Europeans that they still need hydrocarbons and reminds them why they want to replace them. -
Founded in 2008, GA Drilling is developing plasma-based tools to achieve drilling speeds that are about three times faster than what conventional bit technology has historically achieved.
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High oil prices will mean more spending on workovers to eke out more oil and gas from older wells. The amount will depend on finding those willing and able to do that tricky work.
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'I’m honored that IEA members have put their trust in me to lead the agency into a new era following what I believe may turn out to be the most consequential ministerial meeting in the IEA’s near 50-year history,' Birol said.
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Today's high oil prices have not removed the memories of some top upstream executives about how swiftly boom-and-bust cycles can move, nor have they eroded their mission to lower carbon footprints.
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The center will develop innovations for renewable-energy technology and the low-carbon future and will bring together and support research of faculty in the energy, materials science, data science, and artificial-intelligence fields.
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Data science plays an increasing role in the fight against climate change. As we use data science to develop innovative solutions to climate change, we should be careful not to replicate, or worsen, existing inequities—or create new ones.
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The impact of COVID-19 on the global economy, and thus its oil and gas consumption habits, is seen as less severe in the supermajor's latest annual outlook.
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Billed as the world’s longest AC power-from-shore project, Aker BP’s NOA Fulla field and Equinor’s Krafla field in the North Sea will be powered from the mainland by renewable hydropower.
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The energy transition and digitalization transition are not to be feared. While the rate of change will accelerate, very little of true value will be lost and the transitions instead offer a variety of incremental opportunities, especially for members of the production and facilities community.
