Asset Management
Spain has granted permits covering a swath of the mountain range to Mantle8 for natural hydrogen and helium exploration a month after France granted the company similar permits.
A new licensing deal with ZL Chemicals will make Chevron’s unconventional EOR technology available to other tight-oil producers.
Crude benchmarks spiked amid concerns that the US-Iran ceasefire is collapsing as commercial shipping comes under renewed attack.
-
NextDecade pushes the final investment decision on project to the first quarter of 2023. -
Aker BP submitted the NOAKA development plan along with 10 other investments on the Norwegian shelf that collectively represent one of the largest private industrial developments in Europe.
-
The two companies said they will work together to try to find the best places to develop geothermal energy and advance the necessary technologies to commercial scale.
-
Chevron and Occidental plan to launch separate projects to help secure the commercial future of geothermal development in the US.
-
Leveraging its existing natural gas interests, plus renewables potential in Egypt and Mauritania, BP is now factoring in Africa to realize its global ambitions as a hydrogen producer.
-
Operator also moves forward with electrification of the Njord field.
-
Barriers remain, but oil companies across the world are now in a position to reap big profits by capturing methane instead of flaring and venting it.
-
Boosting gas production from Israel’s Tamar offshore gas field, combined with gas from the neighboring Leviathan field, will further the ambitions of both Israel and Egypt in the Eastern Mediterranean.
-
A breakthrough fusion demonstration at Lawrence Livermore National Laboratory produced more energy than it used—a historic first.
-
Transocean rigs will start new contracts in Brazil in the second half of 2023.
