| | | | | | Spending has risen this quarter in response to higher prices but only one in 10 executives said they’ll ramp up further in ’27. |
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| | | The companies will consider initiatives to revitalize mature fields, conduct seismic reprocessing, and pursue exploration and development opportunities in deepwater and ultra-deepwater regions. |
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| | | The supply crisis also made clear the need for greater worldwide coordination and for the US to prioritize energy security. "Hormuz is testing more than just markets. It is testing assumptions about supply, infrastructure, and resilience." Sommers said. |
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| | | The move follows Venture Global’s doubling the volume of a 20-year, 0.5-million tpy agreement with Atlantic-SEE LNG Trade SA of Greece, starting in 2030. |
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| | | | Sponsored | | Hosted by ADNOC, ADIPEC 2026 takes place in Abu Dhabi, 2–5 November. As geopolitical shocks and rising demand from growth, electrification and AI strain an interdependent energy system, energy security has become even more integral for economic stability. ADIPEC is the global platform where energy, technology and finance converge to shape the future. |
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| | | | EIA said total motor gasoline inventories increased by 2.1 million barrels from last week and are 5% below the 5-year average for this time of year. |
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| | | Denison’s most recent four‑well exploration program proved vast tight gas resources in deep sandstone reservoirs. Gas is flowing from two of these wells north of Roma and is supplying the Boyne Island aluminum smelter. |
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| | The project involves the addition of a new gas processing plant, gathering pipelines, and compressor stations to boost capabilities of the operator's existing Northern Delaware basin system by late 2027. |
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| | | Well EBA-18ST3, the first in the 2026 campaign, was drilled to 4,866-m MD with a 1,200-m horizontal reservoir section. This represents the longest well drilled to date in East Belumut field. |
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| | | | | | | | The CEO also defended his team’s strategy of investing in both oil and gas projects across various basins, noting “the market value will reflect the business value that we’re creating over time.” |
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| | | With the MOU pending, ships have begun to traverse the Strait of Hormuz as Kpler’s tracking service reported that three Saudi crude tankers have left the Persian Gulf carrying a total of six million bbl of oil. |
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