(Reuters) – Saudi oil giant Aramco, top oilfield services company SLB and Linde, the world’s largest industrial gases company, have signed an agreement to build a carbon capture and storage project in Jubail, Saudi Arabia. Aramco will own 60% of the project while SLB and Linde will hold 20% each, the companies said in a joint statement on …
Aramco, SLB and Linde Plan to Build Carbon Capture Project Read More »
SM Energy Co. has appointed Ashwin Venkatraman to its board of directors as an independent director and member of the audit committee.
Summary OPEC+ to discuss oil policy on Dec. 5 US oil and fuel stockpiles rose last week Israel warns of renewed war in Lebanon South Korea president faces impeachment after martial law debacle Dec 4 (Reuters) – Oil prices were little changed on Wednesday, with traders expecting OPEC+ to announce an extension to supply cuts …
Oil Prices Steady Ahead of Imminent OPEC+ Decision; Geopolitical Turmoil in Focus Read More »
Chris Wright has championed fossil fuels as a moral good and characterized climate change as modest Standing shoulder to shoulder with his employees, Chris Wright, chief executive officer of oilfield services company Liberty Energy Inc., held up his glass in a toast. “To your health and the longer lives and healthier lives of billions of people …
PROFILE: Outspoken and Energy Realist CEO is Now Trump’s Oil Evangelist Read More »
WoodMac weighs in on the Gulf of Mexico Anchor project’s 20k production outlook made possible by Chevron’s ‘breakthrough’ technology.
Steven Jolley, Halliburton’s Permian Basin technical manager, gives insight into potential for new drilling opportunities around Andrews County and efficiencies operators are seeing within the Permian, in this Hart Energy Exclusive interview.
By Curtis Williams HOUSTON, Dec 3 (Reuters) – Rising costs of building and equipping new U.S. liquefied natural gas plants will reduce the competitiveness of U.S. gas exports, LNG analysts at Poten & Partners predicted on Tuesday. U.S projects have faced rising construction costs, with Venture Global’s Plaquemines export plant under construction in Louisiana over …
Rising LNG Terminal Costs to Make New US Projects Less Competitive, Says Analyst Read More »
Dec 3 (Reuters) – Crescent Energy (CRGY.N) said on Tuesday it would acquire Carnelian Energy Capital-backed Ridgemar Energy’s assets in the Eagle Ford basin in Texas for a cash-and-stock deal of $905 million. The deal, which is expected to close in the first quarter of 2025, also includes an additional payment of $170 million by …
Crescent Energy to Buy Ridgemar Energy’s Eagle Ford Basin Assets for $905 mln Read More »
By Jarrett Renshaw Dec 3 (Reuters) – Biden administration officials will not finalize highly anticipated guidelines on new clean fuel production tax credits aimed at the airline and biofuel industries before they leave in January, three sources told Reuters, casting doubt on the future of a key piece of the U.S. president’s climate agenda. The …
Biden Administration Will Not Finalize Clean Fuel Tax Credit Guidance Read More »
Oil firm selects two auto industry executives to top posts Continues revamping of management team with outsiders HOUSTON, Dec 3 (Reuters) – Exxon Mobil (XOM.N) said on Tuesday that Dan Ammann, former president of General Motors (GM.N), will take over its largest and most profitable business early next year. Ammann, who joined Exxon two years …
Exxon Names Former GM President to Run Oil and Gas Business Read More »
