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
The future of carbon storage moved a step closer today with 26 bids coming in for the UK’s first-ever carbon storage licensing round. SourceContinue Reading
Baker Hughes, Mocean Energy and Verlume have signed a triparty memorandum of understanding to identify and discuss potential opportunities for collaboration on integrated wave energy and subsea energy storage solutions for the emerging subsea clean energy market. SourceContinue Reading
Schlumberger announced that it has been selected by Wintershall Dea as its preferred partner on the acceleration of its Terra Nova subsurface transformation program. SourceContinue Reading
