Business/economics
While often associated with smaller discoveries, subsea tiebacks are playing a growing role in contributing to the broader energy mix.
The Houston-based enhanced geothermal developer scored $1.9 billion in an initial public offering, positioning it to expand projects in Utah and Nevada.
Equinor generated its first revenue from the Adura joint venture with Shell, formed in late 2025, highlighting strong early cash flow from key UK fields including Mariner and Buzzard.
-
The new vessels bring QatarEnergy’s fleet to 104 as the company ramps up production with its North Field expansion. -
As the biggest US companies grow bigger, the advantage of scale becomes clearer.
-
The world's largest oilfield service company made the deal to expand its exposure to the less cyclical production segment of the upstream business.
-
The partnership seeks to shift the economics of carbon capture across high-emitting industrial sectors.
-
Blocked by sanctions from obtaining Western technology, Tehran has turned to its domestic service industry to expand production as Chinese demand reaches new highs.
-
ExxonMobil and Aramco CEOs talk molecules, electrons, and the need to "abandon the fantasy of phasing out oil and gas" at the "Super Bowl of Energy" in Houston.
-
The merged companies will emerge as a new company, Innovex International, increasing its global scale and footprint in growing markets.
-
After becoming one of the first US independents to go big on CCS less than 3 years ago, Houston-based Talos Energy is making its exit.
-
The project advances toward the final investment decision expected this year.
-
Oil demand is a "growth story" as fuel demand shifts internationally, said Rice University's Kenneth Medlock at the recent SPE/IADC International Drilling Conference and Exhibition.
