Asset Management
The deal adds over 1,000 potential drilling locations and almost doubles oil production for Houston-based Magnolia.
The sale for $1.8 billion of Solenergi Power, the holding company for Sprng, which develops and operates solar and wind projects across India, follows other realignment actions by the supermajor.
The deal is the largest acquisition in Mitsubishi Corp.'s history and adds one of North America's leading shale gas assets to its portfolio.
-
BP sanctioned development of the Kaskida in 2024, with first oil from the high-pressure project expected in 2029. -
SPE’s newest technical community, the Critical Minerals Technical Section, aims to connect petroleum expertise with emerging opportunities to extract lithium, rare earth elements, and other critical minerals from subsurface reservoirs and industrial brines.
-
Companies largely focused on deepwater acreage in the second Gulf lease sale held under the One Big Beautiful Bill Act.
-
Initiative identified as the single highest-priority action to support geothermal capital market creation following a 2-year expert analysis of financial barriers to exponential-scale geothermal development.
-
Seventeen companies, including four small businesses, were recognized this year for their demonstrated advancements in the industry.
-
The TWA Editorial Board is accepting nominations for “TWA Energy Influencers 2026: Young Professionals Who Energize Our Industry.” Nominate a YP by 1 July 2026.
-
Enverus analysts say limited development opportunities and lower oil prices restrained deal activity outside North America for a second consecutive year.
-
The project partners and the Newfoundland and Labrador government reach agreement over life-of-field benefits, royalties, and an equity option, moving development toward sanction in 2027.
-
Members of the International Energy Agency said they would make available 400 million bbl from emergency reserves amid market disruptions.
-
Your SPE GTTS community is now available, anytime, anywhere. Explore events, news, and technical content on the new platform and app.
