Chevron is looking at potential businesses in new geothermal technology, carbon offsets through nature-based solutions, carbon capture, utilization and storage (CCUS), Pertamina said.
Here’s a snapshot of recent energy deals including the closing of PDC Energy’s $1.3 billion acquisition of private D-J Basin operator Great Western Petroleum plus the formation of a $1.1 billion renewable natural gas joint venture.
Moscow-based oil company Rosneft increases its sales to Indian Oil Corp. in May, as Russian crude finds an increased presence in India since western sanctions on Russian oil began in February.
Here’s a snapshot of recent energy deals including HighPeak Energy’s acquisition of Hannathon Permian properties for about $373.4 million plus Chevron’s agreement to acquire a stake in Talos Energy’s proposed Texas carbon capture plant.
The acquisition of India-based renewable power platform Sprng Energy for $1.55 billion will triple Shell's current renewables capacity in operations.
In the new strategic position, Paul Attrill will help to drive the growth of 3t EnerMech and support its global client base through an industry-recognized blended approach of traditional in-person training and digitalized workforce management solutions.
Schlumberger will supply Oilex with hydraulic fracturing, nitrogen and perforation services as the company re-fracs the Cambay C-77H well in India.
Originally predicted to occur in April, The IEA expects sanctions on Russian-imported oil to fully take effect in May due to coronavirus lockdowns in China.
Biden told Indian Prime Minister Narendra Modi the U.S. stood ready to help India diversify its energy imports, White House press secretary Jen Psaki said, noting India’s imports from the U.S. are already much bigger than their Russian imports.
The four-month shutdown was just the latest setback that Shell’s Prelude FLNG facility off northwest Australia has faced since its delayed start-up in 2019.