As global natural gas markets continue to tighten and Europe braces for a challenging winter, the American Petroleum Institute and the International Association of Oil and Gas Producers released a new analysis of Europe’s natural gas market and highlighted the immense potential of U.S. LNG to help Europe strengthen its energy security. SourceContinue Reading
Offshore operators across the globe continue to push ahead with their Energy Transition strategies, seeking new, innovative ways to improve sustainability while simultaneously reducing costs and increasing efficiency. At Siemens Energy, we are seeing first-hand a willingness from customers to embrace new technologies and rethink traditional ways of working on a truly unprecedented scale. SourceContinue Reading
Now, in a sign of just how much Russia’s invasion of Ukraine has thrown global energy markets into disarray, it’s natural gas, not oil, that’s becoming more coveted in U.S. shale fields. SourceContinue Reading
ConocoPhillips Chairman and CEO Ryan Lance says his challenge in running a premier upstream operator is to keep producing oil and gas efficiently, generate good dividends to shareholders, harness the digital transformation’s benefits and achieve ESG goals—all simultaneously SourceContinue Reading
Stephen Chazen, the former chairman, president and CEO of Magnolia Oil & Gas Corporation and former CEO of Occidental Petroleum, has died after an illness. He was 76. SourceContinue Reading
INEOS and its partners in the Solsort Unit, Danoil and Nordsøfonden, have agreed to develop the Solsort West field in the Danish part of the North Sea after having received the approval of the development from the Danish Energy Agency. SourceContinue Reading
To be a first-of-its-kind sub-sea high-voltage direct current transmission network in the MENA region, this project rapidly progressed from concept to development phase with construction starting in early 2022. SourceContinue Reading
TechnipFMC has been awarded a significant engineering, procurement, construction and installation contract by Shell plc for the Jackdaw development, located in the United Kingdom North Sea. SourceContinue Reading
A national green light for fracing, the technique that triggered a huge boom in shale oil and gas in the U.S., is one of a handful of measures from Britain’s new leader to increase energy supplies in response to Russia’s invasion of Ukraine. It’s a controversial move that rolls back pledges made by her predecessor...Continue Reading
