Business/economics
Even as industry faces policy and tariff uncertainty, companies view spending on digital transformation as a driver of efficiency.
In lifting force majeure, TotalEnergies says it will restart construction on its Mozambique LNG project as soon as the government agrees to a revised budget and schedule which targets shipping first product in 2029.
A new Eni/Petronas venture is targeting 500,000 BOE/D in output from combined upstream portfolios across Malaysia and Indonesia.
-
The operator was the successful bidder on former shallow-water assets of Cox Oil, Energy XXI, and others. -
Bakken oil production surprised on the upside showing it can grow, but an encore is not expected this year.
-
The former company CFO has been acting as interim CEO since September 2023.
-
The acquisition will expand Talos’s deepwater US Gulf of Mexico footprint and increase annual production by an estimated 30,000 BOE/D.
-
Two of the most established US independents are combining to form a natural gas powerhouse that will be given a new name later this year.
-
The Ksi Lisims floating LNG facility is planned to be the world's lowest emission-intensity LNG facility and net-zero ready by 2030.
-
The project’s revised development plan now incorporates a carbon capture facility.
-
Angola leaves OPEC after 16 years to leverage its oil resources for economic growth.
-
Houston-based independents will combine to form a company with a production total above 500,000 BOE/D and valued at $21 billion.
-
Located in the National Petroleum Reserve in Alaska, the Willow project is estimated to produce 180,000 BOPD at its peak.
