Europe
Reservoir Evaluation , Energy Transition , Shale Plays , Enhanced Oil Recovery , Seismic
Colorado School of Mines Hosts Spring 2021 Reservoir Characterization Project
The Spring 2021 meeting of the Colorado School of Mines’ Reservoir Characterization Project featured field projects around the globe including a Permian Basin project operated by Apache.
Acquisitions & Divestitures , Trends , Mergers
Energy A&D Transactions from the Week of May 12, 2021
Here’s a snapshot of recent energy deals including EQT’s nearly $3 billion expansion in the Marcellus plus over $1 billion worth of transactions announced by Laredo Petroleum and Bonanza Creek’s merger with Extraction Oil & Gas.
Energy Transition , Technology , Acquisitions & Divestitures
TGS Makes First Renewables Acquisition Since New Energy Business Launch
The acquisition of 4C Offshore is the company’s first following the launch of its New Energy Solutions business earlier this year to pursue opportunities related to the energy transition, TGS CEO Kristian Johansen says.
Markets , Tankers
Traders Book Tankers in Europe After Colonial Shutdown
At least six tankers ae booked to move gasoline from Europe to the U.S.
Public Capital , Policy & Regulations , Energy Transition
BP Sticks with API after Climate Shift by US Oil Lobby Group
BP, which plans to sharply cut its oil output and boost its renewable energy capacity over the next decade, said in a report that despite “uneven progress,” the API was “heading in the right direction.”
Energy Transition , Midstream
Cheniere, Shell Collaborate to Deliver Carbon-Neutral US LNG to Europe
Cheniere and Shell offset the full lifecycle GHG emissions associated with the cargo.
Business
Hurricane Energy Fights for Survival as Creditors Take Control
A proposed debt restructuring effectively gives its creditors control of Hurricane Energy and the announcement drove its share price down to a record low of 1.39 pence.
International , Energy Transition , Technology
Germany, Russia Flag Hydrogen Cooperation
Natural gas imports from Russia will be a necessary bridge fuel, a top German official says.
Public Capital , Technology , Acquisitions & Divestitures
TechnipFMC Sells Partial Stake in Technip Energies for Roughly $335 Million
TechnipFMC will retain a direct stake of 31% of Technip Energies’ share capital upon completion of the private placement, which generated roughly $335 million in gross proceeds.
Exploration & Production , Crude Oil , Emissions , Energy Transition
Energy Firm Claims Sale of World’s First ‘Carbon Neutral’ Oil
The announcement is part of an emerging trend among oil and gas companies looking to differentiate their products as cleaner in response to increasing pressure demanding action on climate change.