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.
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A recent survey by the Dallas Fed indicates significant improvement in oil and gas companies’ outlooks, tempered by high levels of uncertainty in oil prices, ongoing supply-chain limitations, and workforce shortages. Small operators outpace large operators in expected increases in production. -
Discussions on long-term LNG supplies from Qatar to Germany to re-engage after years of uncertainty held up potential deals.
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Altus brings well intervention technologies, including tractor and power mechanical application solutions.
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Today's high oil prices have not removed the memories of some top upstream executives about how swiftly boom-and-bust cycles can move, nor have they eroded their mission to lower carbon footprints.
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Russia is looking like a riskier spot for big service companies to do business, but they are not rushing to get out.
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Venture Global is closing in on FID for Plaquemines LNG terminal in Louisiana and has already sold 70% of its planned nameplate capacity.
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The impact of COVID-19 on the global economy, and thus its oil and gas consumption habits, is seen as less severe in the supermajor's latest annual outlook.
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Drillers are feeling good about higher oil prices, but only to a point.
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Azule Energy, a new E&P company, will be independently managed and one of Angola’s largest oil producers.
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Fresh restrictions will likely impact raw material markets globally as the EU and others attempt to squeeze the Russian economy following its invasion of Ukraine.
