Asset Management
After a record year for LNG project approvals in 2025, multiyear repairs to war-damaged liquefaction facilities in Qatar and the UAE threaten to slow the growth of global LNG capacity.
The declaration builds on a memorandum of understanding the partners signed with Egypt in May to process Block 10 gas at the country’s LNG export and domestic gas facilities.
Alongside the new subsea awards, Equinor strengthened its position in the 400-million-bbl Bay du Nord development by acquiring BP’s interest in the project.
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The Report “Transition Faster Together: Renewable Solutions, Strategies, and Policies for a Clean Energy Future” outlines focus areas to stimulate the generation of renewable energy and reduce carbon dioxide emissions. -
The company deferred three of four pipelines as it continues to push toward final investment decision.
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In this 30-minute interview, Angela Dang Atkinson, a data scientist with Cognite, talks about what skills beyond technology new petroleum engineers need and what challenges they will face in the digital oil field.
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He started in the oil and gas business running logs in the 1990s and by the end of the decade became a petroleum engineer at Equinor. Now, he is set to take over the company’s top position.
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Zap Energy will use Chevron’s investment to develop its technology, a next-generation modular nuclear reactor with an aim toward cost-effective, flexible, and commercially scalable fusion.
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Researchers at OU have received $2.5 million of US Department of Energy funding for a three-phase study to develop technologies to increase power production from geothermal wells. The geothermal development research site in Southern California sits on the US Navy’s largest single landholding.
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The large independent joins the ranks of many other oil and gas producers who have been forced to reduce their exploration activity and the value of their booked reserves due to lower energy prices.
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The latest deal is set to make Southwestern Energy the third-largest producer in the gas-rich Appalachian Basin.
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The Cameron LNG project completed its final train this month, but other LNG projects such as Calcasieu Pass LNG, Driftwood LNG, and Lake Charles LNG face difficulties during the economic downturn.
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Among the top 50 oilfield service firms, downsizing is estimated to land at a headcount of 610,000, down from the 760,000 maintained after the 2016 downturn.
