Europe
International , Natural Gas , Crude Oil
BP CEO: Final Permian Processing Facility to Come Online by Mid-year
BPX Energy, BP’s Houston-based subsidiary, plans to bring on its fourth and last Permian Basin processing facility in mid-year 2025, CEO Murray Auchincloss said.
Renewables , Acquisitions & Divestitures
Repsol in Talks to Sell a Slice of its Renewable Business, Sources Say
Repsol would keep more than 50% of the unit in a transaction that could involve the investor injecting new money into the business, the sources said.
Unconventional , Rig Counts , Reservoir Evaluation , Highlights , Field Development , Discoveries , Artificial Intelligence , Drilling , Subsea , Seismic
E&P Highlights: May 13, 2024
Here’s a roundup of the latest E&P headlines, with a couple fields coming online, as well as new contract awards.
Geothermal , Offshore Technology Conference (OTC)
Geothermal Energy Talk Rises to the Surface at OTC
Experts discuss what it’ll take to advance geothermal energy and bring scale to the emerging power source.
Liquefied Natural Gas (LNG)
Pitts: US, Qatar Face off in LNG ‘Olympics’
In the LNG exporting space, the U.S. is squaring off with its fiercest competitor, Qatar, with both countries expected to outpace Australia
Solar , Geothermal , Renewables , Hydrogen , Wind , RNG , International
Energy Transition in Motion (Week of May 3, 2024)
Here is a look at some of this week’s renewable energy news, including a 10.5-gigawatt power purchase agreement between Brookfield and Microsoft.
Renewables , Acquisitions & Divestitures , International
Phillips 66 Weighs Divestments, Targets Renewable Fuel Increase
Phillips 66 looks to boost renewable fuels production by 67% through the end of the second quarter 2024 at its Rodeo complex in San Francisco while weighing a potential divestiture of its retail marketing businesses in Austria and Germany.
Crude Oil , International , Conventional
Repsol Plans to Double Oil Production in Venezuela
Spain’s Repsol plans to double its oil production in Venezuela and continue with its diluent swap agreements with the OPEC country as approved by the U.S. government.
Energy Transition , Emissions , Health, Safety & Environment , International
G7 Reaches Deal to Exit from Coal by 2035
The accord will be included in the G7 energy ministers' final communique to be released on April 30.
Acquisitions & Divestitures , International
Ithaca Deal ‘Ticks All the Boxes,’ Eni’s CFO Says
Eni’s deal to acquire Ithaca Energy marks a “strategic move to significantly strengthen its presence” on the U.K. Continental Shelf and “ticks all of the boxes” for the Italian energy company.