E&P Highlights: Dec. 16, 2024
Here’s a roundup of the latest E&P headlines, including a pair of contracts awarded offshore Brazil, development progress in the Tishomingo Field in Oklahoma and a partnership that will deploy advanced electric simul-frac fleets across the Permian Basin.
TotalEnergies Sells Half of UK Gas Power Plant to Subsidiary of EPH
TotalEnergies acquired the power plant, called West Burton Energy, for US$473.4 million in June.
Energy Transition in Motion (Week of Dec. 13, 2024)
Here is a look at some of this week’s renewable energy news, including the latest on explosive growth in grid-scale energy storage installations.
Kosmos in Talks to Acquire UK’s Tullow Oil in All-Stock Deal
Kosmos Energy is in early discussions to acquire U.K.-based Tullow Oil in an all-stock transaction, the companies confirmed.
BP, Pulling Back from Renewables, Enters $5.8B JV with JERA
The 50-50 joint venture with JERA takes shape as BP pulls back from renewables to focus on higher returns and cash flow generation.
E&P Highlights: Dec. 9, 2024
Here’s a roundup of the latest E&P headlines, including a major gas discovery in Colombia and the creation of a new independent E&P.
Shell, Equinor JV to Create UK’s Largest Independent Oil, Gas E&P
The joint venture will produce more than 140,000 boe/d in 2025, Shell said. In the U.K., Equinor currently averages 38,000 boe/d and Shell 100,000 boe/d.
Energy Transition in Motion (Week of Nov. 22, 2024)
Here is a look at some of this week’s renewable energy news, including the ranking of top corporate solar users in the U.S.
Darbonne: What are We Supposed to do Without Hydrocarbons?
Oil and Gas Investor asked individuals who understand fossil fuels if any “end oil” agitator has ever explained what the world would do without hydrocarbons. No, they haven’t gotten an answer either.
Executives to Fed: Power Grid the US Needs by 2030 is Nowhere in Sight
Among the energy executives looking for more electrons, Warren Buffett’s own energy provider in Omaha, Nebraska, says “we have to stop this fighting.”