Asset Management
EY reports an 11% decline in reserve additions and the first sub-100% reserve replacement ratio since 2021, even as crude output climbed.
Superior seeks to expand its international footprint through the acquisition, which is reportedly valued at $1.2 billion.
Shell is continuing to reshape its portfolio with the sale, which includes its interest in the BP-operated Na Kika platform and the Coulomb tieback.
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BP’s new electric gas compression platform at Shah Deniz, Azerbaijan’s largest natural gas producer, is expected to sustain exports to Europe even as the field enters decline. -
ExxonMobil joins BP, Chevron, and TotalEnergies in greenlighting new investment projects in Iraq in 2025 as the government targets oil production of 6 million B/D by 2029.
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APOGCE 2025 set the stage for strategic dialogues on how Asia Pacific’s upstream industry can innovate, invest, and collaborate to meet growing energy demand while advancing net-zero goals.
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Although the global total drilling rig supply is tightening as contractors sell off modern units for nondrilling purposes, day rates are expected to remain flat or dip in the near term, according to an analysis by Esgian.
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DNV projects the energy transition will be marginally slower than what it forecast last year, both in terms of emissions and in fossil fuel’s share of primary energy.
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Liquefied natural gas (LNG) exporters in the US plan to more than double the country’s liquefaction capacity by adding an estimated 13.9 Bcf/D between 2025 and 2029.
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The freely accessible online platform is the latest in a series of maps designed to reveal the continent’s untapped geothermal potential.
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The joint venture with Nigeria's Sunlink Energies aims to deliver first production before 2030.
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EIA says rising inventories in China have offset downward pressure from growing global supply.
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TotalEnergies and the Danish Underground Consortium complete a 7-year effort to redevelop the Tyra field, lowering emissions and extending field life.
