Business/economics
NewMed has targeted the fourth quarter of 2025 to declare a final investment decision (FID) on Phase 1B of the Chevron-operated Leviathan gas project expansion after striking Israel’s largest ever gas export deal.
TotalEnergies, Global Infrastructure Partners, and NextDecade divvy up Train 4 stakes ahead of an expected FID in September.
The collection of undeveloped blocks includes 59 located in Nigeria's deep water.
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The deal follows Blackstone’s recent moves in gas-fired power and a pipeline venture with top US gas producer. -
Shale’s slowdown leaves room for OPEC+ gains as tensions rise between the US and India over Russian oil imports.
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This month’s column recaps the top five objectives for the 2025 SPE President and introduces a new discussion on the future of the SPE name.
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Big oil companies are backing direct lithium extraction while the market flashes warning signs.
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As LNG projects sanctioned earlier this decade come onstream, a shortage of new final and pre-final investment decisions threatens to leave the project pipelines dry at a time when global LNG demand is forecast to surge over the next 15 years.
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The deal marries Baker’s core competencies in rotating equipment, flow control and digital technology with Chart’s heat transfer, air- and gas- handling, and process technologies expertise.
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Rystad Energy reports that developers are increasingly turning to floating LNG to reduce costs and accelerate project timelines in response to growing gas demand.
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The latest merger and acquisition report from Enverus Intelligence Research shows deal value fell 21% quarter over quarter.
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Chevron now holds a 30% stake in a prolific offshore Guyana development, where oil production is expected to ramp up over the next few years.
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As Africa’s top oil producer, Libya is ramping up momentum—offering 22 exploration areas and welcoming BP back to Tripoli with a major deal.
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