CCS Scaling up Globally from North America to the UK to Europe
Globally, major economic powers are beginning to move toward carbon storage as a key method for tackling climate change. At the fore is the oil and gas industry, which has a key competitive advantage in developing CCS projects.
Upstart CCS Operator Lapis Energy Takes on ‘Cancer Alley’ CO2 Emissions
Lapis Energy CEO Reg Manhas sees “massive” CCS opportunity in a stretch of Louisiana plagued by emissions and a high cancer rate.
E&P Highlights: Aug. 21, 2023
Here’s a roundup of the latest E&P headlines including first production from the Marlim and Voador fields offshore Brazil and new contract awards in the upstream oil and gas industry.
Shell Eyes Adding 8.6 mtpa to Portfolio Beyond 2025
European energy giant Shell plc looks to add around 8.6 mtpa of net liquefaction capacity to its portfolio through four projects spanning three continents beyond 2025.
E&P Highlights: Aug. 7, 2023
Here’s a roundup of the latest E&P headlines including decommissioning activities in Europe and contract awards for a West Africa project.
BP Pushes High Margin Projects, LNG Supply Growth
U.K.-based energy giant BP Plc looks to deliver on two important fronts by 2025 as it brings online more hydrocarbon production and boosts LNG supply.
Oil steadies as Supply Concerns Offset US Ratings Downgrade
Oil steadied on Aug. 3 after dropping sharply from more than three-month highs in the previous session as concerns around supply tightness offset the impact on sentiment of a U.S. government credit downgrade.
Kimbell Royalty Partners’ Largest Deal Yet Targets Permian, Midcontinent
Kimbell Royalty Partners acquisition adds acreage in the Delaware and Midland basins, which remains the company’s leading basin for production, active rig count, DUCs, permits and undrilled inventory.
Britain Commits to Hundreds of North Sea Oil and Gas Licenses
The UK is committing to future North Sea licenses and announced new support for two CCS clusters.
Robust International Results Lift Oilfield Service Companies
Oilfield service companies SLB, Baker Hughes and Halliburton report solid second quarter results from international operations.