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Located along the North Sea, the Humber is expected to play a central role in the UK’s effort to achieve a net-zero emissions status by 2050.
The deal adds over 1,000 potential drilling locations and almost doubles oil production for Houston-based Magnolia.
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Solar and natural gas surged last year in the US, while wind stumbled. -
The acquisition will expand Talos’s deepwater US Gulf of Mexico footprint and increase annual production by an estimated 30,000 BOE/D.
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Two of the most established US independents are combining to form a natural gas powerhouse that will be given a new name later this year.
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The 100 million BOE-plus find will be tied back to the Heidelberg spar.
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Startup company LongPath Technologies has received conditional federal financing to install 1,000 methane detection towers spanning multiple US states.
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The Ksi Lisims floating LNG facility is planned to be the world's lowest emission-intensity LNG facility and net-zero ready by 2030.
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The project aims at boosting India’s domestic oil production by 11% and gas production by 15%.
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The project’s revised development plan now incorporates a carbon capture facility.
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Angola leaves OPEC after 16 years to leverage its oil resources for economic growth.
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Woodside Energy's Trion field offshore Mexico features a four-column semisubmersible FPU with a production capacity of 100,000 BOPD.
