Energy Transition
News
January 10, 2025
TotalEnergies, Basra Oil Company and QatarEnergy broke ground on a $250 million project to capture gas from the Ratawi oil field in Southern Iraq. The planned facility will process 50 million cu. ft. per day of gas that was previously flared, TotalEnergies stated.
News
January 10, 2025
Constellation and Calpine Corp. today announced they have entered into a definitive agreement under which Constellation will acquire Calpine in a cash and stock transaction valued at an equity purchase price of approximately $16.4 billion.
News
January 09, 2025
An Environmental Statement developed by Xodus Group helped to pave the way for a major carbon capture and storage (CCS) project to become the UK’s first to reach financial close. The ES is the first for a CCS project in the UK to have reached this stage.
News
January 09, 2025
Energy NL has made a submission to the Government of Canada Gazette 1 consultation process, requesting that the federal government abandon its proposed 'Oil and Gas Sector Greenhouse Gas Emissions Cap Regulations.'
News
January 08, 2025
Pioneer Energy has been granted four awards by the U.S. DOE totaling $27 million. Pioneer will use the funds to advance its Emission Control Treater™ (ECT), a near-zero emissions well pad production technology that can increase crude yield by 5-10%.
News
January 08, 2025
CB&I has been awarded a substantial contract by TJN Ruwais JV for engineering, procurement, and construction (EPC) of two cryogenic tanks and associated work for its liquefied natural gas (LNG) project, in Ruwais, Abu Dhabi, UAE.
News
January 08, 2025
DeepOcean has signed a charter contract for the high-spec subsea vessel Orient Adventurer. The new capacity aligns with the company’s subsea capabilities across both the offshore renewables and conventional energy sectors in multiple regions.
News
January 07, 2025
Bryan L. Clark has joined Bracewell LLC's Dallas office as a partner in both the firm’s oil and gas and energy transition practice groups. Clark previously served for over a decade as the primary midstream counsel at Pioneer Natural Resources USA, Inc.
Article
December 2024
The U.S. continues to drive growth as the largest LNG exporter, reflecting its sustained investment in liquefaction projects and an increase in production capabilities.
News
January 06, 2025
(Bloomberg) – California received permission to move forward with a project that would inject carbon dioxide into the state’s deep rock formation using a technology that has long tantalized the fossil fuel industry but has yet to break through.
News
January 04, 2025
The American Petroleum Institute (API) has released a statement regarding the U.S. Department of the Treasury’s final regulations for the Section 45V Clean Hydrogen Production Tax Credit.
News
January 02, 2025
Kosmos Energy notes the announcement from bp plc (operator) that first gas production has been achieved at the Greater Tortue Ahmeyim (GTA) liquefied natural gas (LNG) project offshore Mauritania and Senegal.
News
December 31, 2024
Sinopec has released the first sustainability report published by a Chinese company in Algeria, with the goal to establish a long-term, sustainable model and unity between oil and gas exploration, environmental protection and social progress.
Article
December 2024
News
December 30, 2024
Flotek has provided an update regarding flare monitoring regulations issued by the Environmental Protection Agency (EPA). The EPA's proposed amendments, issued Dec. 20, address industry concerns on the complexity of flare monitoring and testing.
News
December 30, 2024
Cheniere Energy announced that liquefied natural gas (LNG) was produced for the first time from the first train (Train 1) of the company’s Corpus Christi Stage 3 Liquefaction Project (CCL Stage 3).
Article
December 2024
Following the election of a new UK government in the summer of 2024, substantial policy changes affecting the future of the UK Continental Shelf have been made. These continue to dominate the investment environment.
Article
December 2024
For decades, the oil and gas industry has been the backbone of global strength—fueling economic growth, creating high-paying jobs, and ensuring energy security. But today, the definition of success is evolving. Confronted by increasing regulation, rapid technological change, and shifting global priorities, our industry must reimagine what it means to “win” in this new era.
Article
December 2024
The East African Ruvuma-Rufiji gas basin holds potential to address rising global LNG demand, with substantial reserves and key market proximity. However, Mozambique and Tanzania face ongoing security and regulatory challenges, which could delay LNG production, particularly with demand projected to rise through 2030.
News
December 27, 2024
Golar LNG has acquired Seatrium’s and Black & Veatch’s minority ownership interests in the FLNG Hilli. The total consideration for the acquisitions is $90.2 million, of which $59.9m is in equity and $30.3 million is a pro-rata share in the existing FLNG Hilli debt facility.
