Business/economics
The power-purchase agreement (PPA) marks largest enhanced geothermal PPA and is expected to accelerate the delivery of continuous, carbon-free power from the Cape Station GeoCluster in Utah.
Increased capacity from new terminals and expansions drove up exports of liquefied natural gas at the quickest rate since 2016.
As Egypt’s largest oil and gas investor, Eni is ramping up its 2026–2027 drilling campaign with new investments cross the Mediterranean offshore, Nile Delta, Western Desert, and offshore Sinai to strengthen the country’s role as a regional gas and LNG export hub.
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The deal hands Diversified nearly 500 gross operated wells producing 68,000 BOE/D. -
The deals, with a potential value exceeding $3.7 billion, are aimed at strengthening Saudi Aramco’s supply chains and expanding its use of industrial artificial intelligence.
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The supermajor expects output to double to about 600,000 B/D as a result of a new agreement with one of its joint ventures in Venezuela.
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Brownfield redevelopment and new exploration projects could lift Venezuelan output above 2 million B/D by next decade.
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Oil prices are high, but spending has not caught up—yet. Meanwhile, exploration strategies are changing around the world toward a lower-risk model, and the frenzied pace of US M&A has very much cooled off.
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The world produces vast volumes of carbon dioxide, and CO₂-EOR is one of the best-established techniques for increasing oil production. Despite this, its use remains limited because of economic, logistical, and operational challenges.
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This paper illustrates a case study from a greenfield oil development in Sarawak that is planned for a fit-for-purpose development scope to create value and develop oil resources in a phased manner within 4 years of project framing.
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This paper aims to optimize well trajectories in offshore reservoir development by applying a Pareto-based multiobjective approach.
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This paper presents a reduced physics-based model that accelerates the ability to screen infill-location optimization, using the fast marching method to maximize production for a reservoir with multiple realizations.
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With a strong presence across US shale in the Bakken, Anadarko Basin, Powder River Basin, and the Permian, Continental Resources is expanding into Argentina’s Vaca Muerta shale as the privately held E&P giant pursues international growth.
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