The Latest

Exxon Mobil, LG Chem Ink Deal for Lithium Carbonate

As part of the nonbinding offtake agreement announced Nov. 20, Exxon will supply lithium from its planned project to LG Chem’s cathode plant in Clarksville, Tennessee.

GLJ, Energy Fuse Form JV Aimed at CCS and EOR Projects

GLJ said the partnership with Energy Fuse aligns with the U.S.’ focus on integrating carbon sequestration activities into state legal frameworks.

BP Awards OneSubsea EPC Contract for GoM Kaskida Project

The OneSubsea subsea boosting system will supply the artificial lift needed to maximize production through the accelerated recovery of reserves.

1PointFive Taps Enterprise Products for CO2 Pipeline Network

The network will carry captured carbon from the Houston Ship Channel to a southeast Texas sequestration hub.

Phillips 66 Sells Interest in Swiss-based Petrol Station Operator

Phillips 66 Ltd. is selling its 49% non-operated equity interest in Switzerland’s Coop Mineraloel, an operator of retail sites and petrol stations.

BOEM Greenlights Atlantic Shores South Offshore Wind Project

The approval pushes the U.S. closer to its goal of deploying 30 gigawatts of offshore wind energy capacity by 2030.

ADNOC Drilling, SLB and Patterson-UTI Form JV Turnwell Industries in UAE

Their joint venture Turnwell Industries LLC has been contracted to drill an initial 144 wells in the United Arab Emirates, scheduled for completion by the end of 2025.

APA Corp., TotalEnergies Announce $10.5B FID on ‘Goliath’ Sized Deal Offshore Suriname

APA and TotalEnergies’ offshore Suriname GranMorgu development is estimated to hold recoverable reserves of more than 750 million barrels.

Exxon Awards JGC, Technip Energies LNG FEED Contract

Technip Energies said Rovuma LNG, located in Mozambique, is expected to have a total production capacity of 18 million tonnes per annum.

Quantum Backs Tug Hill Team in New E&P Vickery Energy

Quantum Capital Group is backing the executives behind Tug Hill Operating, which sold to EQT Corp. for $5.2 billion, in a new Appalachian Basin company Vickery Energy Partners.