Asset Management
Spain has granted permits covering a swath of the mountain range to Mantle8 for natural hydrogen and helium exploration a month after France granted the company similar permits.
A new licensing deal with ZL Chemicals will make Chevron’s unconventional EOR technology available to other tight-oil producers.
Crude benchmarks spiked amid concerns that the US-Iran ceasefire is collapsing as commercial shipping comes under renewed attack.
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Controversial metals-rich nodules sitting on the seafloor could hold the key to increased battery production needed to support the energy transition. -
The upstream oil and gas industry continues to drive innovation in its quest to solve the monumental challenge of supplying energy to the world in an affordable, secure, and sustainable way.
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Supermajor down, but not out of Brazilian exploration game.
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Geologists have identified a formation with a world-changing potential for carbon dioxide storage, but some engineering is required.
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The operator had been in communication with government about the future of the permits since 2020.
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An energy transition symposium was held in February in Washington, DC, to inform and engage policymakers and the policy community in the US capital from the perspective of the engineers and geoscientists who currently work to supply 60% of the world’s energy.
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High energy prices and a greater focus on energy security will not slow the world’s long-term ambition for a low‑carbon future. However, annual analysis by DNV believes unprecedented pressure is reinforcing a two‑speed energy transition.
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The rigs will work in the Norwegian Sea and on the Johan Castberg field.
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Norwegian oil company gets $220 million for 28% of the license.
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Italian company finds 200 million BOE with its Block 7 exploration well.
