Oxy Aims to Expand Lithium Tech to Arkansas
Occidental Petroleum CEO Vicki Hollub confirms the Arkansas leases with its TerraLithium subsidiary that could expand its joint venture with Warren Buffett’s BHE Renewables.
California Resources Names Crespy as Executive VP, CFO
Clio C. Crespy has worked on some of California Resources’ “most significant” projects, including the Carbon TerraVault joint venture and the direct air capture hub at Elk Hills, said CEO Francisco Leon.
Geologist James Parr Joins Ring as EVP of Exploration, Geosciences
James Parr joins Ring Energy with over 30 years of experience as a petroleum geologist and leader in multiple energy organizations.
DNOW Closes Cash Acquisition of Water Service Company Trojan Rentals
DNOW Inc.’s acquisition of Trojan Rentals LLC is its third purchase aimed at providing a holistic water management solution to the market, the company said.
Trump Prepares Wide-Ranging Plans to Boost Gas Exports, Oil Drilling
Sources say that Trump will lift Biden’s pause on LNG export licenses, expedite drilling permits on federal land and boots auctions of offshore drilling leases.
Trump Nod for LNG Projects Could Boost Supply Only from 2027, Goldman Says
Goldman Sachs expects no near-term impact on global gas supplies due to the potential approval for proposed U.S. liquefaction projects, as they would need government clearance as well as long-term contracts to go ahead, it said in a note on Monday. President-elect Donald Trump’s team plans to roll out an energy package within days of …
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Push-Button Fracs: AI Shaping Well Design, Longer Laterals
From horseshoe wells to longer laterals, NexTier, Halliburton and ChampionX are using artificial intelligence to automate drilling and optimize completions.
Adani’s ‘Renewable Energy Marvel’ trapped in US Bribery Indictment
Summary Adani Green at centre of U.S. indictment of billionaire founder Adani aims to develop world’s biggest renewables park Partner TotalEnergies not to invest more in Adani for now Adani Green targets 50GW production by 2030 NEW DELHI, Nov 26 (Reuters) – Betting big on the clean energy goals of Indian Prime Minister Narendra Modi, …
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IEA chief Birol Sees ‘Comfortable’ Oil Markets, Unless Geopolitical Shock
(Reuters) – The supply of oil and gas will be plentiful, with oil markets being “comfortable” this year and next unless major geopolitical escalation happens, the head of the International Energy Agency (IEA) Fatih Birol told a conference in Norway on Tuesday. Global oil supply will exceed demand in 2025 even if OPEC+ cuts remain …
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Looking Under the Hood: Northvolt Collapse Countdown Started with BMW Order Cancellation
Started clock ticking on Chapter 11 filing by EV battery maker For Northvolt AB, the Swedish startup that became a poster child for Europe’s electric-driving future, the route to collapse started in June when BMW AG cancelled a multi-billion-dollar order. Back then, few saw the significance of the move, which effectively started a countdown that would culminate …
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