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Is geothermal energy ready to make its mark in the US power mix?

McKinsey

Breakthroughs in unconventional oil and gas from 2010 to 2020 allowed improved drilling success rates, faster drill speeds, and fewer, and shorter, drilling pauses, all of which led to large cost reductions. Drilling and hydraulic fracturing cost is driven by rig and crew, equipment rentals, and related expenses over the course of the drill.

IT 100
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Exxon vs. Chevron battle sets stage for oil industry’s race for prize assets: Bousso

Oil & Gas 360º

In fact, the multi-billion-dollar dispute hinged on the interpretation of a single sentence in the joint operating agreement. But Exxon regained ground in 2010 with its $41 billion acquisition of natural gas producer XTO. rival, the latest move in a decades-long rivalry that has helped shape the U.S. energy sector.

Oil 130
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Valor | Energy Connection – July 21, 2025

Valor

The liquefied natural gas (LNG) market has been a key driver, tripling since 2010, with the U.S. Read more Contact Valor Today Contact us today if you need help outsourcing your oil and gas operations. now leading the world in LNG exports with over 11 Bcf/d in 2024.

Energy 52
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The Iberian green industrial opportunity: Carbon capture and storage

McKinsey

An expansion of the EU ETS that covers buildings and road transport emissions is expected to be fully operational by 2027. To remain competitive in this new context, companies are investing in decarbonizing their operations. Mtpa, COD 2025); and Sinopec’s Qilu-Shengli chemical plant (1.0 Mtpa, COD 2022). 2 Comparing €39/ton in a 0.6

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Permian People: Movers and Shakers

Permian Basin Oil and Gas Magazine

“Joey” Hall as Chief Operating Officer, effective June 2, 2025. Hall most recently served as Executive Vice President of Operations at Pioneer Natural Resources Company, where he was also a member of the Executive Committee. Joey is a proven leader and trusted teammate with a world-class track record of operational success.”

Basin 64
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Turkey Sends New Draft to Iraq to Renew, Expand Energy Agreement

Egypt Oil & Gas

An anonymous official source at the Iraq Oil Ministry explained that the Iraqi-Turkish pipeline agreement, which was signed between the two neighboring countries, Iraq and Turkey, in 1973 and amended in 2010, would expire in July 2026. Under that agreement, the pipeline was established and became operational in 1977.

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Eni Forms New Company to Expand Oilfield Chemicals Business

Rigzone

“The operation aims to consolidate Versalis’ position in the oilfield services sector by bringing together key expertise and strategic activities in a single, focused and operationally efficient entity”, Italy’s state-controlled Eni said in an online statement.