Learn more about Hart Energy Conferences
Get our latest conference schedules, updates and insights straight to your inbox.
Paddy Padmanathan, CEO and president of ACWA Power International spoke at CERAWeek by IHS Markit on natural gas and renewables being perfect companions. Padmanathan says renewable energy sources will gain traction and are becoming cost effective. However, he says taking over fossil fuels share of the market will take years. He says for now, the two sectors are actually working to compliment each other.
Recommended Reading
Prairie Operating Acquires More D-J Basin Assets for $94.5MM
2024-01-15 - Houston-based Prairie Operating Co. is scaling its D-J Basin footprint with a $94.5 million acquisition of Nickel Road Operating LLC.
Rystad: More Deepwater Wells to be Drilled in 2024
2024-02-29 - Upstream majors dive into deeper and frontier waters while exploration budgets for 2024 remain flat.
To Dawson: EOG, SM Energy, More Aim to Push Midland Heat Map North
2024-02-22 - SM Energy joined Birch Operations, EOG Resources and Callon Petroleum in applying the newest D&C intel to areas north of Midland and Martin counties.
Ministry Offers 62 Licenses Offshore Norway in APA 2023
2024-01-16 - Sixteen of the new awards from the Norwegian Offshore Directorate add acreage to existing production licenses.
Chevron Hunts Upside for Oil Recovery, D&C Savings with Permian Pilots
2024-02-06 - New techniques and technologies being piloted by Chevron in the Permian Basin are improving drilling and completed cycle times. Executives at the California-based major hope to eventually improve overall resource recovery from its shale portfolio.