bp and its partners have approved a $7 billion investment in the Tangguh Ubadari, CCUS, and Compression (UCC) project in Papua Barat, Indonesia. The development is expected to unlock around 3 trillion cubic feet of additional gas resources, aiming to meet the rising energy demand in Asia.
Chevron, TotalEnergies begin oil production at Ballymore project in deepwater Gulf
Chevron and TotalEnergies have launched production at the Ballymore project in the deepwater Gulf...