Business/economics
Viper Energy is acquiring Sitio Royalties Corp. and its more than 25,000 net acres of royalty interests across major US shale plays.
Extensive acreage overlap and existing operational collaboration drove the acquisition decision.
The Göktepe-3 discovery boosts Turkey’s gas reserve estimates by 10%, supporting Ankara’s ambitions to become a regional gas export hub.
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Olivier Houzé discusses his views on SPE finances, including a historical perspective, the effects of downturns and the COVID-19 pandemic, ongoing recovery, and future plans.
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With finite oil reserves, infinite innovation will allow the Permian to endure.
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Following 2 years of setbacks, the deal to shift the US supermajor’s assets to a local operator has finally closed.
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Driller expects $370 million, all-stock transaction to close in early 2025.
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The third quarter marked the first reporting period that two publicly traded US oil and gas companies did not combine since 2022.
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Canadian Natural Resources strengthens its position as a leading oil and gas producer in Canada.
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The agreement formalizes JV ownership of Turnwell Industries which ADNOC Drilling created to manage a $1.7 billion unconventional drilling contract awarded in May.
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A government-imposed limit on gas reinjection aimed at fueling domestic growth risks cooling future investor interest in Brazil’s offshore.
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Straddling Europe and Asia, the Black Sea is emerging as a frontier for deepwater gas exploration and production as Romania and Turkey drive projects complicated by subsea hazards found nowhere else on earth.
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In this vodcast and column, Olivier Houzé explores the polarized views among SPE's members about the energy transition, highlighting the geographic and demographic differences. He examines historical perspectives on energy transitions, evaluates future scenarios, and discusses how SPE can adapt its mission to stay relevant.