Management
The $26-million project will serve as a collaborative hub for research, engineering, and testing.
Among the awards are contracts for four currently idle deepwater rigs.
The deal targets increased investment and production from one of the country’s largest onshore developments.
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The technology to desalinate and reuse produced water for cooling AI data centers in the Permian Basin exists, but addressing cost challenges remains critical to widespread adoption. -
Industry observers warn that the future of the UK North Sea hinges less on geology than on whether fiscal stability can be restored.
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The US Department of Energy announced a $625 million investment to expand America’s coal industry, aiming to increase energy production and support coal communities.
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The leaders of US oil and gas companies in Texas and neighboring states cite regulatory uncertainty, tariffs, and volatile prices as drags on activity.
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The $5-billion Tiber-Guadalupe project in the Gulf of America is BP's second major project in the region to be sanctioned in 2 years.
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The supermajor’s Energy Outlook 2025 suggests geopolitical fragmentation could tilt the balance of the energy trilemma toward energy security and away from sustainability.
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Smackover Lithium, an Equinor joint venture, will drill new wells on the Franklin project to get a better understanding of its brine makeup and lithium potential.
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Angola expects an 18% rise in natural gas production by 2030 as global producers invest in offshore exploration and new field development.
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The subsea field is part of the larger Snøhvit development in the Barents Sea.
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A 15-year SPE member, he will oversee the Office of Fossil Energy and the National Energy Technology Laboratory, managing a $5-billion R&D portfolio spanning coal, oil, natural gas, and critical minerals with the goal of advancing affordable and reliable energy solutions.
