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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Oman is embarking on a renewed effort to deploy the latest hydraulic fracturing technologies and techniques, tailored to its unique reservoirs and challenges.
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From its origins running just a few light bulbs in Tuscany in 1904 to supporting baseloads on national power grids today, geothermal power generation has been driven by technological advancements. Many of these advancements stem from oil and gas exploration and production efforts.
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Reaching further than dashboards and data lakes, the agentic oil field envisions artificial intelligence systems that reason, act, and optimize.
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The award comes as a contract release purchase order under a long-term agreement that simplifies ongoing efforts to maintain mature field production in Saudi Arabia.
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With the Vaca Muerta home to some of the world’s most-productive wells, and the Permian still going strong, if increasingly gassier, Rystad sees shale as resilient.
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Changgui Xu will receive the 2026 Individual Distinguished Award, and CNOOC will receive the 2026 Institutional Distinguished Award.
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Wafik Beydoun will receive the 2026 Individual Distinguished Award, and Brava Energia will receive the 2026 Institutional Award.
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US EIA data show exports rising from 0.5 Bcf/D in 2016 to 15 Bcf/D in 2025, positioning the US as the world’s largest LNG exporter with further capacity growth expected next year.
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The agreement follows the discovery of 724 million BOE in unconventional oil and gas reserves in November.
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Westwood links 2026 exploration outcomes to policies, with operators offshore Norway finding seven times more resources than those offshore the UK.