Management
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.
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.
This study presents a novel hybrid approach to enhance fraud detection in scanned financial documents.
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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.
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Hammerhead, the seventh planned project offshore Guyana, is expected to reach FID later this year and go on-stream in 2029.
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The new plan will replace the current roadmap that contains just three planned Gulf of Mexico lease sales.
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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.
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ExxonMobil and Guyana expect to approach 1 million B/D of oil as the ONE Guyana vessel reaches the Stabroek block.
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The French major will supply the Caribbean country with LNG supplies while agreeing to take supplies from future Texas project.
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TWA Energy Influencers Nihal Darraj, Sayanima Kisku, Ismaila Ibrahim, Olawale Ajayi, and Gabrijel Grubac reflect on the significance of the TWA Energy Influencer award and how it has helped their professional journey. The deadline for 2025 nominations is 1 July 2025.
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The EIA issued a new forecast for US oil production as a result of US President Donald Trump’s recently announced tariffs.
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The operator’s deepwater discovery in the Gulf of Mexico is potentially commercial, and government analysis indicates the gulf holds 1.3 billion BOE more reserves than estimated.
