Business/economics
Esgian analyst doesn’t expect tightening rig supply to drive a recovery until 2027.
EIA says rising inventories in China have offset downward pressure from growing global supply.
The transaction supports Occidental Petroleum's operations in the Permian Basin and its enhanced oil recovery program.
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The deal follows Blackstone’s recent moves in gas-fired power and a pipeline venture with top US gas producer. -
Shale’s slowdown leaves room for OPEC+ gains as tensions rise between the US and India over Russian oil imports.
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This month’s column recaps the top five objectives for the 2025 SPE President and introduces a new discussion on the future of the SPE name.
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Big oil companies are backing direct lithium extraction while the market flashes warning signs.
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As LNG projects sanctioned earlier this decade come onstream, a shortage of new final and pre-final investment decisions threatens to leave the project pipelines dry at a time when global LNG demand is forecast to surge over the next 15 years.
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The deal marries Baker’s core competencies in rotating equipment, flow control and digital technology with Chart’s heat transfer, air- and gas- handling, and process technologies expertise.
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Rystad Energy reports that developers are increasingly turning to floating LNG to reduce costs and accelerate project timelines in response to growing gas demand.
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The latest merger and acquisition report from Enverus Intelligence Research shows deal value fell 21% quarter over quarter.
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Chevron now holds a 30% stake in a prolific offshore Guyana development, where oil production is expected to ramp up over the next few years.
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As Africa’s top oil producer, Libya is ramping up momentum—offering 22 exploration areas and welcoming BP back to Tripoli with a major deal.
