Management
The transaction adds 267,000 net acres and nearly 140,000 BOE/D from Vital Energy, lifting Crescent into the top 10 largest US independents.
The latest acquisition strengthens Cenovus Energy’s position as Canada’s largest SAGD producer.
Contractor realizes big gains on divestment of business unit owned less than a year.
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The initial phase of the carbon capture and storage project has a capacity of 1.5 million tonnes per year, with a second phase—due online in 2028—expected to bring the storage capacity to 5 million tonnes per year. -
The operator estimates discovering more than 96 million BOE of recoverable volumes with its latest Norwegian North Sea exploration activity.
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The new schedule plans for sales in the US Gulf and Alaska through 2039.
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NewMed has targeted the fourth quarter of 2025 to declare a final investment decision (FID) on Phase 1B of the Chevron-operated Leviathan gas project expansion after striking Israel’s largest ever gas export deal.
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TotalEnergies, Global Infrastructure Partners, and NextDecade divvy up Train 4 stakes ahead of an expected FID in September.
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The Japanese company ratcheted up the competitive nature of contracting for a floating production, storage, and offloading vessel and an onshore liquefied natural gas plant for the Abadi project by announcing dual front-end engineering design (FEED) contracts.
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Deepwater Yellowtail project, onstream 4 months ahead of schedule, is expected to produce an average of 250,000 BOPD.
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The collection of undeveloped blocks includes 59 located in Nigeria's deep water.
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Azule’s new FPSO is the first in the world to feature a pilot carbon capture and storage unit that sequesters CO₂ from onboard gas-turbine exhaust.
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The deal follows Blackstone’s recent moves in gas-fired power and a pipeline venture with top US gas producer.
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