Business/economics
ExxonMobil’s Letter of Intent to begin preliminary engineering and procurement work for Mozambique’s Rovuma LNG project bridges the development to a final EPC contract, which Area 4 partners are expected to award following an FID anticipated by year-end 2026.
Sixteen companies submitted 69 bids worth $99.5 million in the Big Beautiful Gulf 3 sale.
Beetaloo Energy and Halliburton have signed an MOU to advance Beetaloo Digital, a proposed gas-powered AI data center hub in Australia’s Northern Territory that could create a new long-term market for Beetaloo Basin gas.
-
The chair of the SPE Georgetown Section outlines how balanced, apolitical dialogue can support development amid rapid energy expansion.
-
This paper highlights the effects of tax credits on business operations for midstream companies in the Permian Basin.
-
Equatorial Guinea government formalizes deal that paves the way for Block I development.
-
The deepest water depth project in Equinor’s portfolio, Raia aims to bring its gas onstream in 2028.
-
War-related damage to oil and gas facilities is expected to disrupt global supply chains for years, as backlogs for critical equipment continue to grow, Rystad Energy reports.
-
TotalEnergies will instead invest in the Rio Grande LNG plant, upstream conventional oil development in the US Gulf of Mexico, and shale-gas production.
-
ExxonMobil's Jason Gahr uses the five stages of grief to explain how the upstream industry should respond to the rise of AI.
-
Companies largely focused on deepwater acreage in the second Gulf lease sale held under the One Big Beautiful Bill Act.
-
Initiative identified as the single highest-priority action to support geothermal capital market creation following a 2-year expert analysis of financial barriers to exponential-scale geothermal development.
-
Enverus analysts say limited development opportunities and lower oil prices restrained deal activity outside North America for a second consecutive year.