Business/economics
TotalEnergies will instead invest in the Rio Grande LNG plant, upstream conventional oil development in the US Gulf of Mexico, and shale-gas production.
ExxonMobil's Jason Gahr uses the five stages of grief to explain how the upstream industry should respond to the rise of AI.
Companies largely focused on deepwater acreage in the second Gulf lease sale held under the One Big Beautiful Bill Act.
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Big projects are expected to add oil and gas to the energy mix in some regions while maturing basins contribute to drops in other areas. -
Rystad Energy expects the continent to account for the largest share of frontier and basin-opening wells in 2026 as operators pursue scale and untapped resources.
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The all-stock transaction will create one of the largest shale producers in the US, anchored by a major Delaware Basin position.
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Ongoing seismicity concerns and orphan well risks are pushing operators and regulators to explore alternatives for managing produced water.
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The agency also requests feedback related to interest in a possible minerals lease sale offshore Alaska.
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A final investment decision is also expected by the end of the year for the company’s first low-carbon data center project.
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Among the awards are contracts for four currently idle deepwater rigs.
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The deal targets increased investment and production from one of the country’s largest onshore developments.
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A series of major advances will move Phase One of the Alaska LNG Project from the development phase into execution.
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The NLR has released its 2025 US Geothermal Market Report, documenting 4 years of industry growth and providing policymakers and stakeholders with an updated overview of the US geothermal market.
