Management
Members of the International Energy Agency said they would make available 400 million bbl from emergency reserves amid market disruptions.
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More than 150 researchers will work on the Libra Rocks project, which aims to unlock insights that could improve recovery and reservoir management in one of Brazil’s largest offshore oil fields.
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Preliminary estimates indicated recoverables of between 30 million and 110 million BOE at the discoveries, which Equinor called its largest of the year.
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The decision keeps the effective tax rate on upstream projects at 78%, prompting new warnings that investments will continue to dwindle in the UK Continental Shelf.
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Adura will become the UK North Sea’s largest independent producer by combining 12 key oil and gas assets, employing around 1,200 staff. It aims to produce more than 140,000 BOED in 2026.
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Data and impartial viewpoints can help de-risk exploration portfolios and keep resource estimates in check.
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Updates about global exploration and production activities and developments.
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Alaskan oil is entering a renaissance driven by a predicted 13% upswing in 2026 production, the largest since the 1980s, and a possible reboot of LNG exports to Asia from the Kenai Peninsula, supplied via pipeline from the North Slope.
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Technology developers expect the tight-oil industry to give lightweight proppants another look after the Permian Basin’s biggest operator becomes an adopter.
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As the industry advances through a pivotal stage of the energy transition, emphasis remains on topics such as carbon capture and storage (CCS), decarbonized operations, digital transformation, and asset integrity—areas driving innovation, operational excellence, and sustainable value within SPE’s evolving technical landscape.
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This study ascertains the capital expenditure and operating expenditure associated with the reuse of existing facilities, specifically regarding a carbon capture and storage project being prepared in South Korea.
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This study presents a novel hybrid approach to enhance fraud detection in scanned financial documents.