| | | | | | Also on tap for 2026 is a drop in spending on the company’s Stratos direct air capture project as its first phase nears ramp-up. CEO Vicki Hollub says the focus is on more efficiencies; ‘We no longer require transformative acquisitions.’ |
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| | | | Parex Resources has submitted a $500 million bid to acquire Frontera Energy's Colombian upstream assets, months after a bid from GeoPark. |
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| | | | The legal action seeks to prevent the EPA from dismantling existing greenhouse gas regulations, emphasizing concerns over increased pollution, health risks, and the legality of the rollback, which EPA claims will save taxpayers over $1.3 trillion. |
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| | | Iraqi regulators signed preliminary agreements with international oil companies, including Chevron, ExxonMobil, and bp, to partner on field development and management aimed at boosting production. |
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| | Equinor Energy has awarded SLB an EPC contract to upgrade the subsea compression system at Gullfaks, featuring two advanced compressor modules to boost capacity and extend field lifespan. |
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| KBR will provide subsurface drilling, reservoir engineering, and operations management for Iraq's Majnoon oil field, aiming to modernize infrastructure and optimize reservoir performance. |
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| | | | | | | | Amid operators' reviews of upcoming drilling schedules, what are your thoughts on drilling locales? |
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| | Survey respondents, primarily from the US and Latin America and with engineering and technical roles, underscored which technological advancements they thought would most likely yield the biggest upstream efficiency gains in the short-term. |
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