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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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The three companies signed a Memorandum of Understanding to explore the development of an energy-specific large language model.
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Standard Lithium says the latest drilling project indicates an increasing trend of lithium concentrations in the Texas portion of the Smackover formation.
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Higher oil prices and increased demand resulted in better returns for oilfield service companies.
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AIQ, ADNOC, and SLB announced a new software suite that integrates artificial intelligence into reservoir analysis and field development projects.
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The Bipartisan Infrastructure Law will be used to distribute $7 billion to the seven projects across the country.
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A Harvard economist is considering ways to protect workers from the inevitable economic shocks of the so-called “energy transition.”
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An increased focus on energy security and the effects of progressive policies and gridlock in decarbonization technology are a few of the key takeaways in DNV’s 2023 Energy Transition Outlook.
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The all-stock transaction is the second megadeal to rock the energy industry this month.
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Oil and gas professionals from 70 countries turned out for the 2023 SPE Annual Technical Conference and Exhibition (ATCE) in San Antonio, Texas.
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The computer vision startup from Porto Alegre, Brazil, earned both the People’s Choice award with a prize of $3,000 and the Best in Show award of $25,000.