Management
Sale 262 will be the first new auction covering leases in US Gulf federal waters in 2 years.
Equinor and Shell plan to launch the joint venture—initially announced in late 2024—by the end of 2025, pending regulatory approvals.
North Sea tieback to the Troll C platform could begin production by the end of 2029.
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The agreement covers the upstream to downstream sectors, focusing on global business and development of human capital.
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Fatih Birol, the head of the International Energy Agency, says in an interview that rising geopolitical threats to global oil and natural gas supplies are hurting the appeal of fossil fuels as reliable, safe energy sources.
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The shale revolution has not yet finished its course, but the boom is well past. The next boom is the energy transition, and it, too, will reward those who see and act early.
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The companies have agreed to study the development of geothermal energy in Indonesia to further the country’s goal of adding 3.3 GW of geothermal capacity by 2030.
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Several projects have been scrapped across the US as inflation causes project costs to soar, while projects in Costa Rica and Rotterdam move forward.
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First production from the US supermajor's Arkansas lithium-rich asset is expected by 2027.
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The newbuild FPSO is destined for the giant Australian gas project in 2025.
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Glenfarne Energy Transition’s Texas LNG liquefaction plant will be built in the Port of Brownsville, Texas.
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A federal judge has upheld the Biden administration’s approval of the massive project on Alaska’s remote North Slope.
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The advancement of the oil and gas industry hinges on its ability to transform digitally by applying high-quality data to illuminate its path forward.