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In recent years, the Energy Transition and Emerging Technology session at EnerCom Denver has highlighted early-stage innovators and entrepreneurs working to reshape the global energy industry, tackling complex challenges, advancing technologies, and exploring new sources of energy.
Chevron wins Exxon case but loses time, oil and billions Summary : On July 18, Chevron won its arbitration case against Exxon Mobil, allowing its $55 billion acquisition of Hess and its 30% stake in Guyana’s 11-billion-barrel Stabroek block to finally close. Stay tuned for weekly updates to keep you well-informed.
The Placing was undertaken on the back of three key recent catalysts for the Company: The Company delivered a highly successful production test on the State 36-2R well. Cash flow from the Williston production will be used to fund the planned Paradox Basin development.
As major North American unconventional plays approach maturity, the industry faces a critical challenge in sustainingproduction levels and reserve replacement. This blog post is based on the technical paper “Can Transfer Learning Be Used to Forecast Production in Frontier Basins? Download the full paper here.
Estimated success case of NPV10% circa US$10 900 000 net, based on a US$65/bbl oil price. Secondary targets productive in the immediate area include the Prue Sands, Red Fork and Base Pennsylvanian Sands. Cost to drill, complete and develop circa US$1 100 000 net, including back costs of US$236 800. Already a member?
Historical hits and misses Over the past 15 years, the sustainability landscape has evolved, with advances in knowledge and climate technology and changes in costs, policy, and regulation. 2 â Cloud-powered technologies for sustainability ,â McKinsey, November 9, 2023.
As the world shifts toward a more sustainable future, addressing carbon emissions remains a top priority. Skip to main content The Iberian green industrial opportunity: Carbon capture and storage July 10, 2025 | Article Carbon capture and storage could play a critical role in decarbonizing hard-to-abate industries in the Iberian Peninsula.
The goal is to confirm early-stage project readiness, technical design validity, and business-case credibility. Independent project challenge teams turn the review into a more realistic pressure test of a projectâs business case, including its scope, costs, schedule, commercial terms, and assumptions as to overall returns.
About the research Five- and ten-year automation impact projections are outputs of the McKinsey Global Instituteâs proprietary automation model, which performs a bottom-up assessment of productivity potential by role and task. Automation is also helping to reduce product quality variances.
Perenco recently announced the completion of the tests at the depleted Leman natural gas reservoir in the Southern North Sea using Petrodec’s ERDA rig, the first rig in the UK to have achieved an approved safety case for supporting CCS operations. ” Exposure to CO 2 can pose serious health and safety hazards. Already a member?
An Environmental Specialist in the oil and gas industry plays a crucial role in ensuring that the operations of the industry are carried out in an environmentally responsible and sustainable manner. Sustainable Practices: Environmental Specialists advise on and promote sustainable practices within the industry.
The first relates to the ongoing uncertainty about current geopolitical dynamics and the tariff landscape and explores how leaders can navigate global trade shifts. What might be driving those valuations up, and are they sustainable?â But the evidence shows thatâs not the case. And eventually, thatâs not sustainable.
Typical priorities include sharpening the value proposition to both captive and third-party clients; taking stock of distribution footprint, product range, and growth initiatives; finding the right approach to participate in alternative investments; and using technology to improve efficiency, resilience, and scalability.
To scale impact in the agentic era, organizations must reset their AI transformation approaches from scattered initiatives to strategic programs; from use cases to business processes; from siloed AI teams to cross-functional transformation squads; and from experimentation to industrialized, scalable delivery. trillion to $4.4
Our industry stands at the crossroads of transformation, and it is our shared commitment to innovation and sustainability that define the next chapter for downstream in Europe. Luigi Crolla from Kent PLC highlighted the use of waste feedstock for SAF production, while Raffaella Lucarno from Enilive S.p.A. Wood and Saras S.p.A.,
Where that is not possible, reusing and remanufacturing existing equipment not only extends asset life but also minimises waste, contributing to a more sustainable, circular subsea industry. J+S Subsea is already exploring opportunities to deploy the Legacy Locker elsewhere to demonstrate its scalability and global relevance.
Where that is not possible, reusing and remanufacturing existing equipment not only extends asset life but also minimises waste, contributing to a more sustainable, circular subsea industry. J+S Subsea is already exploring opportunities to deploy the Legacy Locker elsewhere to demonstrate its scalability and global relevance.
(Oil Price) –Back in 2017, oil production in the Permian stood at 2.2 Production growth in the most prolific shale play in the United States has been slowing already as production costs climb higher while oil prices slide lower. This will naturally affect drilling, contributing to the overall production growth slowdown.
(Oil & Gas 360) Opal Coalbank consists of nine DUC wells on track for production this summer Previously announced drilling of Rusch Pad ahead of schedule Recently announced strategic hedging program in the money by ~$70 million HOUSTON, TX, April 28, 2025 (GLOBE NEWSWIRE) — Prairie Operating Co. per barrel WTI and $4.28
Our combined company will include exceptional technical and support personnel from the two companies in both the office and field and an experienced Board of Directors that prioritizes sustainable and profitable growth to generate strong returns for our combined shareholders. million acres in Alberta. billion 1.
Solution overview Advanced digital technologies are revolutionizing the energy industry, enabling organizations to achieve their sustainability goals while reducing carbon footprint and emissions. It has open architecture and explainable AI as compared to traditional OEM products. Workbench to create KPIs, FMEAs, and use cases.
They contribute to both cost savings and sustainability goals for businesses. The audits streamline operations and enhance productivity through better equipment and energy plans. This guide explores how these audits work, their benefits, and why they are vital for cost savings and sustainability.
Local energy production offers businesses unprecedented control over their energy resources. Decentralized energy production moves away from large power plants and toward localized facilities, offering greater energy independence. These systems range from small rooftop solar installations to larger commercial microgrid systems.
One such transaction involves Scout Energy Management LLC , which has acquired multiple production facilities from ConocoPhillips in Pecos and Reeves counties, Texas. The Texas Commission on Environmental Quality (TCEQ) oversees these permits to ensure that production activities adhere to state and federal environmental regulations.
Many consumers choose companies according to their eco-friendliness and sustainable business practices. In that case, local utility companies may pay you for the excess energy, so nothing goes to waste. Unfortunately, this fuel is mostly what the country uses to generate electricity, and it’s not renewable or sustainable.
The company remains committed to capital efficiency and production optimization , with a focus on delivering value-driven growth while maintaining operational discipline. This improvement has allowed ConocoPhillips to maintain its low single-digit production growth target while reducing overall capital spending. power demand.
Carbon credits are an important lever to optimize the affordability of our products. This partnership with ENGIE Energy Access and GEMS happens at a time when a number of global initiatives are exploring ways of strengthening the integrity of the voluntary carbon market, as well as its liquidity.
This case is one of a number of cases brought by states, cities, and other municipalities against energy companies alleging that the companies contributed to climate change. Court of Appeals for the Ninth Circuit Kicks Climate Change Case Back to State Court, June 2, 2020 ; and (3) U.S.
the first case, Heliostar Mining (HSTR TSXv) purchased two mines for under $300 per producing ounce. In the second case, Mako Mining (MKO TSXv) bought a producing mine for under $100 per producing ounce. HELIOSTAR BUYING WHAT OTHERS ARE THROWING AWAY 12 months ago, Heliostar Mining was years away from production. Cha cha cha!
Preparing now ensures utilities can harness the full potential of V2G fleets to reduce costs, balance loads, and support a sustainable energy future. Allows for better integration of renewable energy sources by storing excess production. These abilities are already being explored.
The world has never achieved sustained energy infrastructure investment at the level the IEA assumes. Ford lost $60,000 per EV in 2024, forcing automakers to scale back production. Sustainable Aviation Fuels (SAFs) remain costly and unscalable. However, the real-world EV market is slowing down. and Europe.
Ted Chung, Hyundai Card: When we last spoke, the company was deeply focused on building a brand that could effectively translate our product to the marketplaceâand weâve made significant progress on that front. Explore a career with us How has the companyâs approach to innovation evolved over the past ten years?
We ended up deciding to focus on five strategic domains: hyper-personalizing our marketing, upgrading our chatbots for better customer service and straight-through processing, improving KYC and compliance, speeding up our software engineering, and supporting our wholesale clients in their lending and sustainability journeys.
The evaluation simulated real-world enterprise traffic and evasive threats — designed to reflect typical branch and edge use cases. Gbps for HTTP traffic during testing See the full NetSecOPEN certification report for details. We’d love to hear what you think! Ask a question and stay connected with Cisco Security on social media.
Skip to main content How AI could reshape the economics of the asset management industry July 16, 2025 | Article Amid mounting margin pressure, asset management firms must transform technology from a cost driver into a true enabler of scalable productivity. The global asset management industry is at a critical juncture.
This was not the case when the first report was published in 1995 or even in 2005 when the second edition came out. His input helped shape the committee’s understanding and framing of challenges related to securing AI systems, an area vital to sustaining the US’ global AI leadership.” Get expert perspectives now Why Cisco Security?
McKinsey Global Instituteâs recent research report, The next big arenas of competition , identifies embodied AI and robotics as one of five emerging frontiers that are shaping future global productivity and digital infrastructure. 1 âHumanoid robots for BMW Group plant Spartanburg,â BMW Group, November 11, 2024.
In many organizations, they flip from organizing one way to organizing another, and thereâs a sense of âHere we go againâ and âThis too shall pass.â A great operating model needs to address this yearningâfor employees to be able to commit, have a sustainable work experience , and really believe in the company again.
But then we realized there are edge cases and other issues that must be addressed. Weâre trying to change that and give the city back to humans by making shared autonomous mobility a catalyst for more sustainable and cost-effective living. They will be able to deal with edge cases that you canât even imagine.
It will just be a moment that we have to adjust to.â Our goal right now is to be deliberate and judicious, continue to press the bets we can control that we think sustain, irrespective of where this policy goes and what changes. Eric Kutcher: How do you think about energy and sustainability?
These and many other improvements in our lives have been driven by a set of scientific discoveries and products engineered based on those breakthroughs. Even as science advances, R&D productivity is on the wane By many metrics, and in many fields, each dollar spent on R&D has been buying less innovation over time. 6 Jack W.
We believe, however, that the opposite is the case, and that private real estate companies can thrive when they focus on making both students and universities winners. More recently, there have been media reports exploring uncertainty over student visa policy and how it might affect international-student enrollment.
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