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After a record year for LNG project approvals in 2025, multiyear repairs to war-damaged liquefaction facilities in Qatar and the UAE threaten to slow the growth of global LNG capacity.
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Average output reached 13.6 million BOPD, extending a period of sustained growth that has kept the US at the forefront of global oil production.
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From reviewer to SPE Journal executive editor, Chicheng Xu's 10-year editorial journey shows how peer review, technical publishing, and community service can accelerate career growth, expand expertise, and open new leadership opportunities in energy and geoscience.
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The declaration builds on a memorandum of understanding the partners signed with Egypt in May to process Block 10 gas at the country’s LNG export and domestic gas facilities.
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Alongside the new subsea awards, Equinor strengthened its position in the 400-million-bbl Bay du Nord development by acquiring BP’s interest in the project.
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Spain has granted permits covering a swath of the mountain range to Mantle8 for natural hydrogen and helium exploration a month after France granted the company similar permits.
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A new licensing deal with ZL Chemicals will make Chevron’s unconventional EOR technology available to other tight-oil producers.
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Crude benchmarks spiked amid concerns that the US-Iran ceasefire is collapsing as commercial shipping comes under renewed attack.
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The company’s millimeter wave drilling system is approaching a depth of 1 km at its Central Texas site. The recent funding is earmarked for Project Obsidian in Central Oregon, which Quaise calls the world’s first commercial superhot geothermal power plant.
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The company said that its AD-300, a 50-m-high automated island drilling rig that walks between wells, was delivered 3 months ahead of schedule.