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HomeExploration and Production

Exploration and Production

Shell’s QGC business
Exploration and Production

Shell’s QGC business to drill more wells

January 22, 2024 Mariel Alumit

Shell’s QGC business in Australia revealed plans to drill more wells as it looks to boost gas supply to its Queensland Curtis LNG export plant and the domestic market. Shell Australia said in a statement […]

Crypto

ENB #175 Shane Stolp Energizing America is a leader with talking about all forms of energy, but how its implemented matters.

January 19, 2024 Stu Turley

We need low-cost energy in the United States, and I love talking with people about the energy market. Shane Stolp, CEO at Wescom, and I had a great talk about all forms of energy. We […]

Vallourec
Crude Oil News

Vallourec to support TotalEnergies’ multi-energy project in Iraq

January 19, 2024 Mariel Alumit

(WO) – Vallourec, a global provider premium tubular solutions, has signed a contract with TotalEnergies for the supply of casing and tubing and associated accessories for the first phase of the Gas Growth Integrated Project […]

Exploration and Production

TotalEnergies issues force majeure over Novatek’s Arctic LNG 2 project

January 18, 2024 Stu Turley

French energy giant TotalEnergies has initiated a force majeure process on the Novatek-operated Arctic LNG 2 project in Russia due to sanctions. In November 2023, the US government issued new Russia-related sanctions due to the […]

Donald
Crypto

US Lawmaker Expects Donald Trump to Become ‘a Lot More’ Crypto Friendly in Second Term as President

January 17, 2024 Mariel Alumit

U.S. Representative Tom Emmer expects former U.S. President Donald Trump to become “a lot more” friendly toward cryptocurrency if he returns to the White House. Trump has launched three non-fungible token (NFT) collections since leaving […]

Norway
Exploration and Production

Norway awards 62 offshore exploration licenses to maintain European natural gas production

January 17, 2024 Mariel Alumit

(Bloomberg) – Norway awarded 62 licenses for exploration acreage in the seas off its coast as Europe’s biggest supplier of natural gas strives to maintain production. Licenses were offered to 24 different companies, with 16 […]

BP
Exploration and Production

BP Confirms New CEO after Looney Scandal

January 17, 2024 Mariel Alumit

BP Plc appointed Murray Auchincloss as its permanent chief executive officer, four months after the shock resignation of his predecessor. The decision ends a period of uncertainty for the London-based oil major, though Auchincloss — who has […]

battery
Energy Storage

Texas startup delivers landmark results with ‘earthen’ battery technology: ‘The opportunities … are significant’

January 17, 2024 Mariel Alumit

A trial run of Houston-based Sage Geosystems’ underground battery has delivered “groundbreaking” results, the company reported. The tech, sometimes called an “earthen” battery, is meant to store electricity generated from renewable sources. It’s also geared to be an […]

North Dakota
Crude Oil News

Deep freeze cuts North Dakota oil production by 280,000 Bpd

January 16, 2024 Stu Turley

Oil Price Freezing temperatures have slashed North Dakota’s crude oil production by up to 280,000 barrels per day (bpd) in recent days, according to estimates from the North Dakota Pipeline Authority as of Sunday, reported by Reuters. […]

Kuwait
Crude Oil News

Kuwait Petroleum Corporation fixes oil price at $70 for 2024/2025 fiscal year

January 15, 2024 Mariel Alumit

Kuwait Petroleum Corporation (KPC) has announced the setting of the indicative price for Kuwaiti oil at $70 per barrel for the fiscal year 2024/2025, commencing this April. This key financial indicator was reported by Al-Anba […]

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