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The $400 million project will expand capture capacity by up to about 1.2 million metric tons of CO2 per year, Exxon Mobil said.

The market for new E&P and energy IPOs has been tepid since the COVID-19 pandemic. But investor appetite is growing for new small- and mid-sized energy IPOs, says Citigroup Managing Director Dylan Tornay.

The expanded collaboration with the Department of Defense follows Sage-led geothermal initiatives at Fort Bliss and the Ellington Field Joint Reserve Base in Texas.

Bryan Sheffield, managing partner of Formentera Partners and founder of Parsley Energy, discussed E&P capital, M&A barriers and how longer laterals could spur a “growth mode” at Hart Energy’s Energy Capital Conference.

AI’s ability to optimize may usher oil and gas into a new age—or simply improve on past unconventional recovery methods—depending on who you talk to.

The Crowned Heron 1, Crowned Heron 2 and Cartwheel 1 projects will have a combined power capacity of 450 MW, RWE says.

1PointFive plans to use the funding to advance site characterization activities, permitting and environmental approvals for construction at each hub, Occidental said.

The solar projects are expected to begin commercial operations in 2029.