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 pressure pumping business has been looking up this year, but the price paid to buy a big player in that business, FTS International, suggests growth may not last. -
BP boss is joined by ADNOC chief and India's oil minister in urging increased investment in everything from storage to fuel diversification.
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Two years ago, a longtime petroleum engineer and former SPE President dared to speak of a future in which his discipline had seen peak employment. He’s back again with a new paper that tries to explain where things may go from here.
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More time and money are needed for Johan Castberg and others, while government looks to boost hydrogen research.
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The country’s 17th Bidding Round attracted bids on just five of the 92 blocks on offer… and all from Shell.
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The US producer also closed its acquisition of assets in the Permian through a deal with Primexx.
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The gas-focused producer said it will turn its attention to drilling programs on its Haynesville acreage.
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The energy transition may drive a massive increase in renewable-power capacity in the electric market, but global demand growth is expected to be so strong, liquid fuel consumption could also be much higher in 2050.
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Alternative investment firm acquires LNG transportation specialist for $1.5 billion.
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The price of natural gas has more than doubled this year in many parts of the world. The ripple effects are starting to be felt, but how wide they will spread may not be known until winter comes.
