BP Taps TechnipFMC for Kaskida Development in GOM
'Our innovative high-pressure solutions are key to helping unlock the most economically attractive opportunities in the Paleogene'.
1PointFive Secures More DOE Funding for Sequestration Hubs
'Working in partnership with the Department of Energy supports our ability to rapidly progress our hubs and realize the potential of CCS to further climate goals'.
Eni Secures Funding from UK for CCS Transport and Storage System
Eni will be the operator of the CO2 transport and storage system for HyNet.
Hurricane Milton Barrels Toward Florida With 155MPH Winds
'Milton is forecast to remain an extremely dangerous hurricane through landfall in Florida'.
Middle East Geopolitical Pressures Can Impact Petroleum Markets Everywhere
'Gasoline prices in the U.S. are ultimately linked to the global Brent price of oil which is now caught in a tightening escalatory gyre', the ex-IPAA Chief Economist told Rigzone.
Macquarie Strategists Forecast USA Crude Inventory Build
Macquarie strategists revealed that they are forecasting that U.S. crude inventories will be 'up modestly'.
Equinor Becomes 2nd Largest Shareholder in Orsted
'The exposure to producing assets complements Equinor's operated offshore wind portfolio of large projects under development'.
Chevron to Sell Oil Sands, Duvernay Assets for $6.5B to Canadian Natural
Chevron signed a deal to divest stakes in producing and undeveloped oil sand, liquid and gas properties in Alberta to Canadian Natural for $6.5 billion.
Slovakia Backs Ukraine Entry into EU as It Hopes to Keep Gas Transit
Slovakia supports Ukraine's accession to the EU, but expects Kyiv to keep gas supplies flowing, even as a transit deal for Russian shipments ends in December.
European Commission Asks Romania to Undo Gas, Power Market Restrictions
The Commission also warned Austria, Czechia and France over shortcomings in adopting EU regulations on power or renewables.
Aker BP Raises $1.5 Billion in Debt Instrument Sale
Aker BP plans to use proceeds for 'general corporate purposes' and the redemption of outstanding notes due 2025 and 2026.
Oil Moguls Emerge as Key Cash Source for Trump as Race Nears End
Oil executives have emerged as an increasingly important source of funding for Donald Trump.
Oil Prices Spike as Middle East Conflict Raises Supply Concerns
Brent crude oil prices soared above $80 per barrel as escalating tensions in the Middle East fueled concerns over potential disruptions to Iran's oil supply.
North America Adds Rigs Week on Week
North America added three rigs week on week, according to Baker Hughes' latest rotary rig count.
TGS Secures Project for Electric Interconnection of Cabo Verde Islands
'... the island interconnection would further enhance energy efficiency, reduce costs, and increase the potential for offshore renewable energy projects'.
Libyan Oil Output Climbs Above 1MM Barrels a Day
Libya's oil production climbed above one million barrels a day for the first time in two months.
BSEE Awards OCS Pipeline Decommissioning to Louisiana Firm
Chet Morrison Contractors will conduct necessary on-site pipeline decommissioning activities for eight orphaned pipelines in the Matagorda Island lease area.
Prairie Closes DJ Basin Acquisitions from NRO
Prairie said it remains committed to 'aggressively expanding production and well inventory, through both organic drilling and accretive strategic acquisitions'.
Eversource Wraps Up Offshore Wind Exit with South Fork Sale
Eversource completed the sale of its 50 percent interest in the 132-megawatt (MW) South Fork Wind project and the 704-MW Revolution Wind project to Global Infrastructure Partners (GIP).
ConocoPhillips Ups Stakes in Major Alaska Fields with Chevron Acquisitions
Chevron agreed to sell minority stakes in two of the biggest U.S. oilfields, Alaska's Kuparuk and Prudhoe Bay, to ConocoPhillips.
