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.
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The deal positions the merged company to benefit from an expected offshore drilling upcycle. -
Suspended by force majeure since the spring of 2021, work on the Mozambique LNG project has restarted with over 4,000 workers now engaged onshore and offshore to meet a 2029 deadline for first LNG.
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Shell CEO Wael Sawan said Nigeria’s improving investment climate is boosting its appeal for long-term oil and gas investment.
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The company's CEO says Europe’s third-largest oil field is entering a natural decline phase.
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From credit markets to grid constraints, the forces shaping energy today go far beyond price. Inside the inaugural E3S symposium, industry leaders, policymakers, economists, and students explored how technology, financing, permitting, and supply chain resilience are redefining what it takes to power the energy future.
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The supermajors are seeking new US licenses to develop cross-border natural gas fields.
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The country’s state oil company has signed agreements with SLB and TotalEnergies to work on production.
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Enverus projects 2026 activity aimed at gaining access to gas along the Gulf coast and disaggregation of assets.
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Big projects are expected to add oil and gas to the energy mix in some regions while maturing basins contribute to drops in other areas.
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Rystad Energy expects the continent to account for the largest share of frontier and basin-opening wells in 2026 as operators pursue scale and untapped resources.
