Business/economics
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.
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The agreement follows the discovery of 724 million BOE in unconventional oil and gas reserves in November. -
Westwood links 2026 exploration outcomes to policies, with operators offshore Norway finding seven times more resources than those offshore the UK.
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The purchase includes approximately 260 producing wells and expands Caturus’ footprint in the Eagle Ford and Austin Chalk.
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The asset sale to an undisclosed buyer includes 360,000 net acres in Oklahoma.
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Phase 1 of the lease agreements calls for 2D and 3D seismic over the blocks.
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Evolution Well Services will deploy electric pressure pumping units for Northeast Natural Energy, which operates in the Marcellus Shale.
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By opening new fields to exploration and development, Libya is poised to boost gas production to supply exports in meaningful volumes to Europe by early 2030.
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The energy technology company received an order from Twenty20 Energy for 10 gas turbines to power US data center infrastructure.
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The planned facility was designed to process 34 MMcf/D of associated gas into fully refined gasoline.
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The cloud platform provider said the initiative is designed to help energy companies manage and analyze large-scale operational data.
