Asset Management

A new kind of groupie is interested in the heavy metal band Metallica’s tour in Europe, including Shell, big-rig and electric vehicle manufacturers, and producers of hydrogen, biofuels, and LNG. It has less to do with the music than the alternative fuels keeping the buses rolling on the 2-month, 7,200-mile journey across nine countries.

JPT’s first year of publication was one of groundbreaking events that would transform the global petroleum industry. A recap of developments in 1949 emphasizes the high hopes attached to the industry—and the ambitious goals of the new magazine.

The massive vessel moved from Aker Solutions quayside to begin sea trials ahead of deployment in the Barents Sea prior to year-end.

The Houston-based independent will become the top producer in the Eagle Ford Shale with an output of 400,000 BOE/D and is eyeing 1,000 wells to refracture.

The set of new-generation FPSOs will be delivered in 2029 equipped with technologies that can cut greenhouse emissions by 30% given the unit’s all-electric configuration.

The first wells from the current North Sea development project are expected online in 2026.

Years in the making, the program sponsored by the US Department of Energy is celebrating its latest geothermal energy breakthrough in southwestern Utah.

Chiyoda, CB&I discussing how to complete the expansion project, which is expected online this year.

TotalEnergies announced on 21 May the final investment decision for the deepwater Kaminho project offshore Angola, aiming for first oil by 2028.

A new report finds the need for political, regulatory, and fiscal alignment to ensure a just and fair transition.