Management
Equinor said it found between 14 million and 24 million BOE with its most recent exploration well in the Polynya Tubåen prospect.
ExxonMobil's Jason Gahr uses the five stages of grief to explain how the upstream industry should respond to the rise of AI.
BP sanctioned development of the Kaskida in 2024, with first oil from the high-pressure project expected in 2029.
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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.
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The field's massive FPSO is anchored in place and on schedule for first oil prior to year-end.
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Recent geothermal tests in Utah show major advancements in flow rates and efficiency, bringing enhanced geothermal systems closer to commercial viability.
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Texas, Louisiana, Oklahoma, Colorado, and New Mexico round out the top five states.
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The DOE-sponsored program brings together more than 100 entities from the geothermal and oil and gas sectors to build the future of cross-industry collaboration.
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The updated plan seeks to avert termination of the PSA by raising total investment and constructing a floating production unit at Aphrodite plus an export pipeline to Egypt.
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Awards related to the 2024 APA round are expected to be announced in early 2025.