The Latest

Continental Resources Signs JV to Explore Shale Oil, Gas in Turkey

Early evaluations from the joint venture between Continental Resources, Türkiye Petroleum and TransAtlantic Petroleum suggest ultimate recoverable reserves could reach 6 Bbbl of oil and 32 Tcf to 65 Tcf of gas.

Smackover Lithium Derisks Direct Lithium Extraction Technology

With the completion of a final field test, the Smackover Lithium joint venture's direct lithium extraction technology moves toward commercialization, Standard Lithium says.

TotalEnergies, Skyborn Commission Yunlin Wind Farm Offshore Taiwan

Located about 15 km off Taiwan’s west coast, Yunlin consists of 80 wind turbines.

California Resources Continues to Curb Emissions, This Time Using CCS for Cement

California Resources’ carbon management business Carbon TerraVault plans to break ground on its first CCS project in second-quarter 2025.

PEDEVCO Enters Joint Development Agreement with D-J Basin E&P

PEDEVCO Corp.’s agreement with a private equity operator will develop drilling spacing units in the Denver-Julesburg Basin’s Weld County, Colorado.

New Era Helium Signs NatGas Deal to Supply Permian Data Center Campus

The AI data center project will be developed on 200 acres of land the Texas Critical Data Centers joint venture will be acquiring. The project is expected to be online by the end of 2026.

MPLX Acquires Remaining Interest in BANGL for $715MM

MPLX LP has agreed to acquire the remaining 55% interest in BANGL LLC for $715 million from WhiteWater and Diamondback.

Opal Fuels to Develop Four New RNG Facilities

The output from Opal Fuels' new RNG facilities, once fully operational, will be about 20 million gasoline gallon equivalents per year.

Eni, PETRONAS Form Gas Development JV in Indonesia, Malaysia

Eni and PETRONAS believe the joint venture will lead to synergies that create a leading LNG player in the region.

Devon, BPX to End Legacy Eagle Ford JV After 15 Years

The move to dissolve the Devon-BPX joint venture ends a 15-year drilling partnership originally structured by Petrohawk and GeoSouthern, early trailblazers in the Eagle Ford Shale.