QatarEnergy to Acquire 23 Percent Stake in Block Offshore Egypt
Wedoany.com Report-Nov 13, Chevron Corp. has agreed to sell a 23 percent interest in the North El-Dabaa (H4) Block on the Egyptian side of the Mediterranean Sea to QatarEnergy. This agreement demonstr...
North America Loses More Rigs
Wedoany.com Report-Nov 13, North America dropped six rigs week on week, according to Baker Hughes’ latest rotary rig count, which was released on November 8. Although the total U.S. rig count re...
Devon Raises 2024 Projected Production
Wedoany.com Report-Nov 13, United States producer Devon Energy Corp. has bumped up its output guidance for 2024 to between 811,000 and 830,000 barrels of oil equivalent a day (boed), supported by newl...
USA Oil Production Unlikely To Surge Under Trump, Stanchart Says
Wedoany.com Report-Nov 13, U.S. oil production is unlikely to surge under Donald Trump, Standard Chartered Bank Energy Analyst Emily Ashford said in a report sent to Rigzone by Standard Chartered Bank...
Fossil Fuel CO2 Emissions Increase Again in 2024
Wedoany.com Report-Nov 13, Global carbon emissions from fossil fuels have reached a record high in 2024, according to new research by the Global Carbon Project science team. The 2024 Global Carbon Bud...
Octopus Energy Surpasses $2 Billion Offshore Wind Investment in 2 Years
Wedoany.com Report-Nov 13,Octopus Energy’s generation arm surpasses $2 billion of offshore wind investments in two years, as it accelerates the roll-out of offshore wind globally. The announceme...
Duke Energy Misses Expectations As Storms Hit Earnings
Wedoany.com Report-Nov 13,Power and gas utility Duke Energy Corp. has reported $1.24 billion in adjusted net income for the third quarter, down from $1.49 billion for the same three-month period last ...
Energy Vault To Build 57 MW BESS In Texas, Inks Offtake Deal With Gridmatic
Wedoany.com Report-Nov 13,Energy Vault Holdings Inc. has unveiled plans to deploy a 57 megawatt (MW)/114 megawatt-hours (MWh) battery energy storage system (BESS) in Scurry County, Texas. The company ...
Octopus Energy & Idris Elba Kick off Sierra Leone’s First Wind Farm
Wedoany.com Report-Nov 13, Octopus Energy’s generation arm, in partnership with Idris Elba, has kicked off its first renewables project in Africa, a pioneering wind farm on Sherbro Island in Sie...
ADNOC Announces Launch Of Agentic AI Solution
Wedoany.com Report-Nov 13,In a release sent to Rigzone by the ADNOC team recently, ADNOC announced the launch of ENERGYai, which it describes as the world’s first of its kind custom built agenti...