Business/economics
The supermajor said the fields are not expected to contribute meaningfully to its production profile by 2030.
Output is rising fast in the South American shale play and putting Argentina on a course to soon reach 1 million B/D.
Ultradeepwater prospects along the northern coast of Brazil could help offset decline in legacy basins, though permitting hurdles remain a wild card.
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A government-imposed limit on gas reinjection aimed at fueling domestic growth risks cooling future investor interest in Brazil’s offshore.
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Straddling Europe and Asia, the Black Sea is emerging as a frontier for deepwater gas exploration and production as Romania and Turkey drive projects complicated by subsea hazards found nowhere else on earth.
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Oil and gas leaders identified the upcoming US presidential election and economic uncertainty as significant drivers of their decision making for 2025.
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In this vodcast and column, Olivier Houzé explores the polarized views among SPE's members about the energy transition, highlighting the geographic and demographic differences. He examines historical perspectives on energy transitions, evaluates future scenarios, and discusses how SPE can adapt its mission to stay relevant.
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The Eagle Ford deal comes as the US LNG market's growth remains stunted by policy.
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New names and new deals continue to reshape the US shale sector.
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Stable policies and economics that encourage development are critical for scaling carbon capture.
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Chevron CEO Mike Wirth urges more optimistic and balanced conversations regarding the energy transition.
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Awards related to the 2024 APA round are expected to be announced in early 2025.
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SPE is excited to livestream these thought-provoking and informative Tech Talks from the SPE Energy Stream studio at the SPE Annual Technology Conference and Exhibition, 23–25 September, in New Orleans.