Asset Management
Trafigura will purchase 100,000 metric tons of battery-grade lithium products under a decade-long take-or-pay contract valued at over $2 billion.
The Absheron gas field expansion will supply additional natural gas to Azerbaijan’s domestic market and support its export commitments to Turkey, allowing Baku to stay focused on meeting its gas export obligations to Europe.
A credible custody-transfer record depends on far more than the accuracy of a single meter. It is the product of an integrated measurement chain. While meter performance supports measurement-system integrity, commercial confidence also depends on traceability, governance, and authorization.
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The software solution aims to improve operational efficiency and production from subsurface to processing facilities in four offshore fields. -
Valaris, formed in 2018 after the merger of Houston-based Rowan Cos. and London's Ensco, faces fallout from the oil-price drop, canceled or delayed drilling programs, and contract and day rate modifications.
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Operators celebrate first major deepwater project sanctioned since the early-2020 oil crash.
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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.
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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.
