Management
The ruling means the state will take over permitting and enforcement of EPA regulations pertaining to all classes of wells, including injection wells for carbon dioxide storage.
Proposed and final notices of sale represent nearly 80 million acres in the Gulf of Mexico and approximately 1 million acres in Alaska’s Cook Inlet.
The US and UK sanctioned Russian independent Lukoil International and state-owned Rosneft in a bid to pressure Russia over Ukraine.
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After becoming one of the first US independents to go big on CCS less than 3 years ago, Houston-based Talos Energy is making its exit.
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The project advances toward the final investment decision expected this year.
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Ignis H2 Energy and Imeco Inter Sarana announced a strategic partnership to expedite geothermal development in Indonesia.
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The US contractor will provide subsea installation services with work expected to begin in 2026.
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Oil demand is a "growth story" as fuel demand shifts internationally, said Rice University's Kenneth Medlock at the recent SPE/IADC International Drilling Conference and Exhibition.
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Consortium suspends planned purchase of 50% stake in Israeli gas producer in light of ongoing military conflict in the region.
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The agency’s short-term outlook forecasts modest declines in production for the rest of this year.
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Block 3B/4B is on trend with nearby Namibian discoveries Venus and Graff.
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More than two dozen artificial intelligence systems are being celebrated for delivering massive value to the national oil company.
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The supermajor will gain a 60% working interest and assume operatorship in the AREA OFF-1 block.