Management
The development is expected to add approximately 39 million BOE in recoverable resources to the Solveig field.
The appraisal well in Utah confirmed a geothermal resource exceeding 555°F at a depth of approximately 11,200 ft.
The cloud platform provider said the initiative is designed to help energy companies manage and analyze large-scale operational data.
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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. -
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.
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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.
