Industry & Analysis
News
September 12, 2025
Kuwait Petroleum Corp. is considering leasing $7 billion worth of pipelines to fund its $65 billion investment program, with $33 billion focused on boosting upstream oil production capacity to 4 million bpd by 2035.
News
September 12, 2025
The EPA under President Trump plans to end the Greenhouse Gas Reporting Program, halting emissions tracking from power plants, industrial facilities, oil refineries and other major polluters. The move could obscure 2.6 billion metric tons of emissions annually while saving businesses $2.4 billion in regulatory costs.
News
September 12, 2025
Woodside has received final environmental approval from the Australian Government for the North West Shelf Project Extension, ensuring continued LNG supply, jobs, and investment while meeting cultural and environmental safeguards.
News
September 11, 2025
Production from the Bakken had been expected to rise heading into late 2025 and early 2026, but weaker oil prices and rising competition from Canada have contributed to slower drilling in the region, analysts said.
News
September 11, 2025
Argentina’s Vaca Muerta shale remains resilient despite political and economic risks, according to President Javier Milei’s top oil and gas official.
News
September 09, 2025
The American Petroleum Institute (API) has published a new policy roadmap urging U.S. Congress to modernize the nation’s outdated permitting system and ensure access to affordable, reliable energy at a time of rising demand.
News
September 09, 2025
California Governor Gavin Newsom is seeking to impose further restrictions on the state's offshore oil industry, a setback to Sable Offshore Corp. and its controversial project off the coast of Santa Barbara County.
News
September 09, 2025
U.S. oil producers have slashed $2 billion in spending and laid off thousands of workers amid falling prices and OPEC+ supply increases, threatening a slowdown in production growth.
News
September 08, 2025
Saudi Arabia will cut prices on all of its crude grades for buyers in Asia for next month as well as on most barrels to other regions after OPEC+ said it will continue to increase output, defying widespread expectations of a looming oversupply.
News
September 08, 2025
EXCLUSIVE -- Well, a few days have gone by, and SPE Offshore Europe (OE) in Aberdeen is now a collection of memories. But, what to make of what was seen and heard during the four-day conference and exhibition? There were many different viewpoints, and, honestly, many contradictions and hypocrisies.
News
September 05, 2025
OPEC+ has agreed in principle to increase production again next month, according to delegates, as the group doubles down on its policy shift to pursue market share instead of defending prices.
News
September 05, 2025
India’s Finance Minister Nirmala Sitharaman said the country will continue buying Russian oil, signaling its intent to defy U.S. President Donald Trump’s persistent demands to halt the purchases.
News
September 05, 2025
OPEC+ leader Saudi Arabia wants the group to consider reviving more oil production ahead of its scheduled return at the end of next year amid a push to reclaim market share, people familiar with the matter said.
News
September 04, 2025
Equatorial Guinea will launch its EG Ronda 2026 licensing round later this month. The licensing round forms part of the country’s broader strategy to revitalize its upstream sector, attract new investment and unlock offshore E&P opportunities.
News
September 04, 2025
Oil declined on concerns that OPEC+ will once again bolster supply at a meeting on Sunday, compounding fears of higher volumes later in the year. Russian Deputy Prime Minister Alexander Novak said OPEC+ will “look at the current situation as a whole” before making a decision.
News
September 03, 2025
Shell’s return to Angola after a 20-year hiatus highlights a shift in sentiment toward the nation’s oil sector, as reforms aimed at attracting global capital start to show results.
News
September 03, 2025
Argent LNG has formally submitted its request to enter the Federal Energy Regulatory Commission (FERC) pre-filing process, marking a critical regulatory milestone in the development of its 25 MMtpa LNG export terminal at Port Fourchon, Louisiana.
News
September 02, 2025
EXCLUSIVE: Offshore Europe’s first-day plenary session was highlighted by Opposition Leader, Conservative Member of Parliament Kemi Badenoch, delivering a somewhat fiery speech in favor of maximizing the UK North Sea’s potential.
News
September 02, 2025
Pemex is offering to buy back some $10 billion worth of its global bonds with cash raised by the Mexican government, according to a statement. The state-owned driller is looking to repurchase 11 series of notes denominated in euros and dollars due between 2026 and 2029.
News
September 01, 2025
Equinor ASA will spend almost $1 billion backing Orsted A/S’s share sale, in a crucial show of support as the Danish firm seeks to steady its finances following the Trump’s administration’s attacks on offshore wind.
News
September 01, 2025
Nigeria has set a lower threshold by which oil companies can recover their expenses as it seeks to boost government revenue amid lower crude oil prices threatening to widen the budget deficit in the West African nation.
