US
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Sixteen companies submitted 69 bids worth $99.5 million in the Big Beautiful Gulf 3 sale. -
As several commercial-scale projects are gearing up in the US, developers expect the next few years to reveal whether lithium extraction from brines can become a big business.
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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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Crude benchmarks spiked amid concerns that the US-Iran ceasefire is collapsing as commercial shipping comes under renewed attack.
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The next wave of unconventional growth will likely come from basins in Argentina, the Middle East, Australia, and elsewhere, fueled by expertise gained from shale plays in North America.
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The Federal Reserve Bank of Dallas’ second-quarter energy survey reports improved business conditions, despite a mixed outlook on oil prices and input costs.
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Disputes over tanker fees and the ongoing military operation in Lebanon represent potential fault lines for the tentative peace deal.
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The collaboration aims to provide a dedicated land rig for geothermal wells in the US.
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The acquisition establishes a unified North American upstream analytical data set with the goal of streamlining capital allocation decisions.
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A Dallas Fed survey update suggests few executives foresee a strong US production response, even with oil prices above $90/bbl.
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