Meant to limit greenhouse gas emissions, carbon permits' values have been driven by energy prices surge and EU reforms.
Here’s a roundup of the latest E&P headlines including a new well coming online and new contract awards in the upstream oil and gas industry.
While pleased with fourth-quarter 2022 results, ConocoPhillips will also look to continue growth as it announced progress with its Willow and Port Arthur projects.
Miniature quartz gauge measures reservoir conditions through cement in real time.
Here’s a snapshot of recent energy deals including Diamondback Energy completing its $1.55 billion deal to acquire Midland Basin acreage and E&P Arena Energy LLC closing its acquisition of Cox Operating LLC's interests in the Eugene Island 330 and South Marsh 128 oil blocks.
Pemex's $2 billion bond has a 10-year maturity and was part of a move by the heavily indebted firm to secure financing during the first quarter.
Murphy Oil increased production and pay down debt with the help of King’s Quay project going onstream in the Gulf of Mexico and high output from new Eagle Ford wells.
Freeport LNG's request represents a milestone in efforts to restore production after a seven-month outage at the second-largest U.S. LNG.
Rystad Energy sees increased brownfield activity driving a 20% increase in projected spend in the subsea services market in 2023.
Despite the energy trilemma, 45% of companies oil and gas sector are confident they can reach net zero by 2050, according to the Baker Hughes Energy Transition Pulse report.