SLB Enters Technology Collaboration with Indonesian Geothermal Firm
SLB and Star Energy Geothermal will focus on technologies for subsurface characterization, drilling and production of geothermal assets.
LNG Exporter Venture Global Cuts Target Valuation for US IPO to $65.3 bln
(Reuters) – LNG exporter Venture Global on Wednesday slashed the valuation it was seeking from its U.S. initial public offering to as much as $65.33 billion, significantly lower than the more than $100 billion it had initially aimed. The company also lowered its offer price, effectively increasing the number of shares on sale against the …
LNG Exporter Venture Global Cuts Target Valuation for US IPO to $65.3 bln Read More »
Venture Global LNG Pares IPO Hopes by 15% to $2.2B
LNG exporter Venture Global nearly halved the price per share, while increasing the number of shares it expects to offer.
Winter Storm Snarls Gulf Coast LNG Traffic, Boosts NatGas Use
A winter storm along the Gulf Coast had ERCOT under strain and ports waiting out freezing temperatures before reopening.
Electrigen, Hyliion to Partner on Methane Emissions Reduction Project
ElectriGen and Hyliion Holdings Corp.’s methane emissions reduction project has been awarded $6 million by the Department of Energy. Hyliion’s Karno generators can use wellhead gas to produce low-emission electricity.
TotalEnergies’ Mozambique LNG Project Faces Delay Beyond 2029
TotalEnergies’ $20 billion Mozambique LNG project will not be operational by 2029 as hoped, the French oil major said on Jan. 22, citing the need to end force majeure and ensure security at the project site.
Perission Petroleum Extends Colombian Assets Sale
The sale was delayed due to pending formal confirmation regarding the extension of Perission Petroleum’s E&P license in Colombia, specifically for Block VMM-17.
Halliburton Sees Strong Adoption of New Oilfield Tech Offerings
Halliburton Co.’s Zeus e-fracs, Octiv auto-fracs and the Sensori monitoring platform are setting the stage for long-term growth, CEO Jeff Miller says.
FLNG Gimi Receives First Gas from BP’s FPSO in the GTA Field
Golar LNG’s Gimi FLNG vessel will support BP, which began flowing gas from wells at the Greater Tortue Ahmeyim Phase 1 LNG project in early January.
Solar, Clean Energy Face Headwinds Amid Post-Election Uncertainty
With a new Trump administration taking charge, renewable energy, including solar, may face headwinds that stagnate project development or continue it at a slower pace, analysts say.