Business/economics
In lifting force majeure, TotalEnergies says it will restart construction on its Mozambique LNG project as soon as the government agrees to a revised budget and schedule which targets shipping first product in 2029.
A new Eni/Petronas venture is targeting 500,000 BOE/D in output from combined upstream portfolios across Malaysia and Indonesia.
The merger creates one of the largest oil-focused independents in the US with output of 526,000 BOE/D.
-
SOCAR’s expansion of its exploration footprint in Israeli waters could position Azerbaijan as a future player in EastMed gas. -
The second-largest gas producer in the US is aiming to pump an average of 6.3 Bcfe/D this year.
-
The 2025 Global Energy Talent Index survey found most energy professionals got a pay bump last year, but hiring managers face new challenges.
-
The new plan will replace the current roadmap that contains just three planned Gulf of Mexico lease sales.
-
Wood Mackenzie’s study identifies shale innovation, exploration, and fiscal terms as crucial for the US to maintain top oil and gas production status beyond 2030.
-
The French major will supply the Caribbean country with LNG supplies while agreeing to take supplies from future Texas project.
-
The EIA issued a new forecast for US oil production as a result of US President Donald Trump’s recently announced tariffs.
-
As part of Italy's Mattei Plan—named after Enrico Mattei, Eni's first chairman—Eni will invest close to $9 billion each in Algeria, Libya, and Egypt.
-
A 25% tariff on steel imported into the US has some US oil and gas companies nervous about future spending plans.
-
In the next 3 to 5 years, South America and the Middle East will lead global investment, driven by greenfield developments, exploration, and midstream infrastructure. Brazil’s growth is fueled by deepwater pre-salt projects, while the Middle East focuses on gas and LNG, especially in Qatar, Saudi Arabia, and the UAE.
