Asset Management
Crude benchmarks spiked amid concerns that the US-Iran ceasefire is collapsing as commercial shipping comes under renewed attack.
The company’s millimeter wave drilling system is approaching a depth of 1 km at its Central Texas site. The recent funding is earmarked for Project Obsidian in Central Oregon, which Quaise calls the world’s first commercial superhot geothermal power plant.
Schneider Electric says the deal advances its vision of creating intelligent industrial ecosystems that connect physical assets with digital insights across the asset life cycle.
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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.
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New York-based BlackRock will put more than half a billion dollars into Occidental's first direct air capture project, which is now 30% completed.
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The Calgary-based shale producer said it is on track to produce 200,000 BOE/D after making its second billion-dollar acquisition this year.
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The deal will add over 460 miles of pipeline to company’s assets upon closing early next year.
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The four capital projects will enable Enterprise to send more NGLs to the Texas Gulf Coast.
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An estimated $35 billion in investment is expected to pour into geothermal projects in Kenya and Ethiopia through 2050.
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Lac Da Vang is expected to deliver as much as 40,000 BOE/D at peak.
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The Biden administration postpones Sale 261 while awaiting court ruling.