Management
The discovery in the Kutei Basin offshore Indonesia is being considered for fast-track development.
The new development is estimated to hold 46 million recoverable bbl of oil and is planned to start up in late 2028.
Project in US Gulf will add about 15,000 BOEPD to the deepwater Atlantis project at peak production.
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The Eagle Ford deal comes as the US LNG market's growth remains stunted by policy. -
The facility for open-source carbon capture, transport, and storage has been completed.
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New names and new deals continue to reshape the US shale sector.
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The conference program focused on powering the future of energy with a century of innovation.
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Collaboration and technology will help the industry meet its toughest challenges, experts said during the opening session at ATCE.
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In this exclusive Q&A, Giovanni Cristofoli, senior vice president of bp Solutions, shares insights into how his team is redefining operational strategies and fostering agility to bridge competitive gaps and enhance efficiency. Highlights include the integration of digital tools, data science, and a unified approach to tackling complex problems.
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Stable policies and economics that encourage development are critical for scaling carbon capture.
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The joint venture will be responsible for engineering, procurement, construction management, and commissioning of the planned 16.5-mtpa facility.
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Using a new model, the federal agency said deepwater operations will drive the region's production to 1.9 million B/D next year.
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Chevron CEO Mike Wirth urges more optimistic and balanced conversations regarding the energy transition.
