Management
The report says the capacity of renewables in the region are set to grow tenfold by 2040 as electricity demand and new sectors drive rapid solar and wind expansion.
The acquisition adds 2.1 Bcf/D of production and pipeline infrastructure in Texas and Louisiana.
For more than a century, LSU has shaped petroleum engineering education, but few assets showcase its impact like the PERTT Lab. With six deep test wells and rare reservoir-depth gas-injection capabilities, the facility is helping drive breakthroughs in well control, CO₂ injection, and next-generation energy technologies.
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Closed-loop geothermal systems have entered the new-energy arena to generate electricity using the underground as a heat exchanger. -
Equinor will reduce investments in renewables over the next 2 years by 50% to $5 billion and will increase its focus on oil and gas production, expecting more than 10% growth from 2024 to 2027.
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Upgraded sour-gas injection and a new third-generation processing plant are key to keeping supergiant Tengiz producing for years to come.
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The new Sevan-designed cylindrical FPSO is expected to flow 45,000 BOE/D at peak.
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The companies said they plan to work together on developing geopressured geothermal systems for low-carbon energy storage and geothermal power generation.
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Industry leaders champion collaborative solutions as essential for overcoming fracturing limitations.
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Analysts at Enverus Intelligence Research and Rystad Energy report that US shale consolidation has largely run its course.
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Updates about global exploration and production activities and developments.
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A Shell partnership with YPF marks a significant milestone for the Argentina LNG export facility, raising new questions about the nation’s potential to unlock the economic power of its vast shale reserves.
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Greenhouse gases are woven into every stage of a well’s life, which presents challenges that demand creative solutions that do not require too much capital.
