The Latest

Equinor, Ørsted/Eversource Land New York Offshore Wind Awards

RWE Renewables and National Grid’s Community Offshore Wind 2 project was waitlisted and may be considered for award and contract negotiations later, NYSERDA says.

Weyerhaeuser, Lapis Energy Enter Carbon Sequestration Exploration Pact

The exploration agreement covers 187,500 acres across three states with five potential carbon sequestration sites.

EDF Renewables, SCPPA Sign PPA for Bonanza Solar

The site is expected to start delivering electricity to SCPPA’s customers by Dec. 31, 2028.

Stonepeak, Dominion Energy to Partner on Virginia Offshore Wind Project

Stonepeak will acquire a 50% interest in Dominion Energy’s offshore wind project, which is expected to be the largest offshore wind farm in the U.S.

Occidental Reports ‘Great Progress’ on Net-zero Pathway, DAC

Most of Occidental Petroleum’s planned $600 million investment in emerging low-carbon ventures for 2024 will go to direct air capture facility STRATOS, CEO Vicki Hollub says.

EE North America, Montauk Sign Biogenic CO2 Delivery Deal

EE North America and Montauk Renewables signed a contract for the delivery of 140,000 tons per year of biogenic CO2, which will be turned into e-methanol.

Gibson, SOGDC to Develop Oil, Gas Facilities at Industrial Park in Malaysia

Sabah Oil & Gas Development Corp. says its collaboration with Gibson Shipbrokers will unlock energy availability for domestic and international markets.

Diamondback, Verde Plan Converting Permian Natgas to Gasoline

Diamondback Energy subsidiary Cottonmouth Venture LLC has entered into a joint development agreement with Verde Clean Fuels to build a natural gas-to-gasoline facility in the Permian Basin.

Subsea Tieback Round-Up, 2026 and Beyond

The second in a two-part series, this report on subsea tiebacks looks at some of the projects around the world scheduled to come online in 2026 or later.

E&P Highlights: Feb. 12, 2024

Here’s a roundup of the latest E&P headlines, including more hydrocarbons found offshore Namibia near the Venus discovery and a host of new contract awards.