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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The deal enhances the contractor’s presence in West Africa and provides for expansion in Southeast Asia. -
The White House has made its latest move against Russian oil and gas interests as it acknowledged that its European partners are not able to take such drastic steps.
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The combined company will control almost 1 million acres in the Williston Basin and daily production over 165,000 BOE/D.
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The largest US oil and gas company is ending its 25-year presence in Russia following its invasion of Ukraine and subsequent international sanctions.
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A week after its certification was halted, the company managing the Gazprom-operated pipeline has let go its staff and says its website has been attacked.
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In addition to manufacturing, the facility allows the company to expand its specialty chemicals research and applications for oilfield stimulation and production and better serve the region’s industrial water and process treatment markets.
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The 31-member group approved its fourth coordinated release since 1974 in response to the looming supply disruptions caused by Russia's invasion of Ukraine.
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Pandemic gridlock, rerouting risk, and net-zero expectations are squeezing oilfield service companies into change.
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There are powerful indicators that the transformation of energy markets is accelerating, even though the world should not decrease its focus on stable oil and gas supply. Our industry will continue to play a strong role in the coming decades to provide sustainable energy.
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Deal expands PDC's D-J Basin holdings into northern Adams County, Colorado.
