Management
The new policy aims to accelerate the leasing timeline and expand access to public lands.
Equinor said it plans to restart construction on the project, which currently is 30% complete.
The times are changing and so are our industry’s prospects, as hydrocarbons are now recognized as cardinal to affordable energy security for the conceivable future. But, in avoidance of suspense, the answer to the headline question is “absolutely.” Here we look at the rationale why.
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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. -
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.
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As part of Italy's Mattei Plan—named after Enrico Mattei, Eni's first chairman—Eni will invest close to $9 billion each in Algeria, Libya, and Egypt.
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The test marks a milestone in the Poseidon CCS project, which aims to store carbon dioxide in the depleted gas reservoir below the Leman development in the southern North Sea.
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Terra Drone will support Aramco's operations and Saudi Arabia's technological and economic progress.
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Offshore activity is expected to begin in 2027 with first oil from the 20K-psi project slated for 2028.
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The project is the most northern field offshore Norway to begin production.
