Asset Management
The UAE will prioritize national interests and production flexibility, setting up implications for OPEC’s market power, oil, prices, and global supply dynamics.
Talos Energy founder Tim Duncan has been named executive chairman of newly formed 1947 Oil&Gas, which will focus on acquiring and developing mature, shallow-water assets through its buyout of Renaissance Offshore. The deal is expected to close in Q2 2026.
Operators aren’t rushing to drill, even as the closure of the Strait of Hormuz drives oil prices up.
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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. -
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.
