Business/economics

The new plan will replace the current roadmap that contains just three planned Gulf of Mexico lease sales.

Wood Mackenzie’s study identifies shale innovation, exploration, and fiscal terms as crucial for the US to maintain top oil and gas production status beyond 2030.

The French major will supply the Caribbean country with LNG supplies while agreeing to take supplies from future Texas project.

The EIA issued a new forecast for US oil production as a result of US President Donald Trump’s recently announced tariffs.

As part of Italy's Mattei Plan—named after Enrico Mattei, Eni's first chairman—Eni will invest close to $9 billion each in Algeria, Libya, and Egypt.

A 25% tariff on steel imported into the US has some US oil and gas companies nervous about future spending plans.

In the next 3 to 5 years, South America and the Middle East will lead global investment, driven by greenfield developments, exploration, and midstream infrastructure. Brazil’s growth is fueled by deepwater pre-salt projects, while the Middle East focuses on gas and LNG, especially in Qatar, Saudi Arabia, and the UAE.

Written on behalf of the SPE Business and Leadership Committee, this article explores the four generations in the upstream energy workforce, highlighting their unique traits and the impact of 40 years of industry changes. It also discusses how DEI, reverse mentoring, and employee resource groups can bridge generational gaps to boost collaboration and productivity in t…

An oversupply of LNG carriers is putting downward pressure on charter rates, pushing them to historic lows. Newbuild LNG carrier deliveries have been outpacing the construction and permitting of new liquefaction facilities needed to support them.

The $206 million deal for the fields offshore Trinidad and Tobago is expected to close in the third quarter of 2025.