Eni has received approval from Indonesian authorities for the development of two major gas fields, Geng North and Gehem, in the Kutei basin. The approval includes a 20-year extension for the Ganal and Rapak licenses. SourceContinue Reading

BP Berau Ltd. (bp) and Chubu Electric Power have expanded their collaboration to explore a carbon capture and storage (CCS) value chain between Japan’s Port of Nagoya and the Tangguh field in Papua Barat, Indonesia. SourceContinue Reading

Are We Headed for Another Great Depression? | OilPrice.com Gail Tverberg Gail Tverberg is a writer and speaker about energy issues. She is especially known for her work with financial issues associated with peak oil. Prior… More Info Premium Content By Gail Tverberg – Aug 23, 2024, 6:00 PM CDT The current economic landscape shares...Continue Reading

The well, drilled by the Transocean Norge rig, encountered estimated recoverable volumes between 30 million and 140 million barrels of oil equivalent (MMboe). SourceContinue Reading

Senegal’s government set up a commission to examine natural-resource contracts awarded to foreign investors and establish whether they comply with the West African nation’s laws, Prime Minister Ousmane Sonko said. SourceContinue Reading

Halliburton Co., the world’s biggest provider of fracing services, said it’s alerting customers and other stakeholders after an unauthorized third party gained access to some of its systems. SourceContinue Reading

UK’s $5.6 Billion Electricity ‘Superhighway’ Gets Green Light | OilPrice.com Felicity Bradstock Felicity Bradstock is a freelance writer specialising in Energy and Finance. She has a Master’s in International Development from the University of Birmingham, UK. More Info Premium Content By Felicity Bradstock – Aug 23, 2024, 4:00 PM CDT The UK’s energy regulator, Ofgem,...Continue Reading

$1 Trillion LNG Infrastructure Boom Threatens Climate Goals | OilPrice.com Felicity Bradstock Felicity Bradstock is a freelance writer specialising in Energy and Finance. She has a Master’s in International Development from the University of Birmingham, UK. More Info Premium Content By Felicity Bradstock – Aug 23, 2024, 2:00 PM CDT A report by Earth Insight...Continue Reading

This move is part of bp’s broader strategy to cut emissions and enhance efficiency through advanced infrastructure, including the development of centralized processing facilities and innovative drilling technologies. SourceContinue Reading

Russia’s Coal Reserves to Last Over a Century Despite Market Pressures | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Related News By Julianne Geiger – Aug 23, 2024, 12:30 PM CDT Russia has announced that it possesses...Continue Reading