The Latest

Plan to Convert Frac Water into Hydrogen Could Bring $5MM/Year

A group of collaborators are working to convert frac wastewater into clean hydrogen in an initiative that could lead to hydrogen sales of up to $5 million annually.

TotalEnergies Expands Offshore Malaysia, Indonesia with Petronas Deal

TotalEnergies acquired offshore positions from Petronas, reinforcing its strategic LNG growth platform.

Court OKs MVP Southgate Permit Extension—Despite Opposition

A group of environmental petitioners had asked for a review of the Southgate project to extend the Mountain Valley Pipeline.

Chevron, Halliburton Develop New Feedback Process for Completions in Colorado

The technique combines Halliburton’s fracturing platform with Chevron’s subsurface knowledge built into an algorithm to enable decision-making.

Amazon Taps Talen for More Nuclear Power for Data Centers

As part of the new power purchase agreement, Talen will supply energy from its Susquehanna nuclear power plant in Pennsylvania to AWS data centers in the region.

BPX’s Holzhauser Dives into Upside of Devon JV Dissolution

BPX’s Holzhauser says BP’s U.S. shale arm got the longer end of the stick—better subsurface in a less complicated area—in its deal with Devon to dissolve their Eagle Ford JV.

Onboard Dynamics, T.D. Williamson Partner to Expand Pipeline Tech Globally

The alliance targets growing regional demand for lower-emission maintenance solutions in the natural gas sector.  

JV Behind Midland Basin AI Campus Project Signs Power Generation Agreement

Power Forward Energy Solutions will manufacture, install and operate systems capable of generating 250 megawatts.

Exxon-Led Consortium's 2024 Profit in Guyana Rose 64% to $10.4B

The profit of a consortium by oil producers Exxon Mobil, Hess and CNOOC in Guyana increased 64% last year to $10.4 billion, Exxon said on June 3, amid facility updates that allowed a sustained expansion of output.

ADNOC Takes 70% Stake in SLB’s Kuwait, Oman Land Rigs for $112MM

The agreement encompasses eight operating land rigs under contract, two in Kuwait and six in Oman.