Energy Transition
News
February 17, 2026
Guyana is moving forward with a second gas-to-shore project to transport natural gas from offshore fields for power generation and industrial development, supporting efforts to diversify its energy economy beyond oil.
News
February 16, 2026
An Australian court has dismissed a greenwashing lawsuit against Santos that alleged the company misled investors over its climate strategy and net-zero plans, marking a key ruling in energy-related ESG litigation.
News
February 14, 2026
Canada’s energy minister says carbon capture investments and the Pathways Alliance project will help secure the long-term future and global competitiveness of the country’s oil sands industry.
News
February 13, 2026
Congo has launched exports from Phase 2 of its LNG project, adding new floating LNG capacity and strengthening its position as an emerging African gas exporter supplying global markets.
News
February 13, 2026
Halliburton has launched the XTR CS injection system, a wireline-retrievable safety valve designed to improve reliability and performance in CCUS and CO₂ injection wells operating under extreme conditions.
News
February 12, 2026
The Independent Petroleum Association of America expressed support for EPA’s repeal of the 2009 endangerment finding and called for clear, durable greenhouse gas regulations affecting U.S. upstream oil and gas producers.
News
February 12, 2026
The ONE-Dyas-operated N05-A development has become the first North Sea gas project to achieve MiQ Grade A methane certification, setting a new benchmark for low-emissions offshore gas production in Europe.
News
February 12, 2026
YPF, Eni and XRG have signed a joint development agreement to advance the 12-MMtpa Argentina LNG project linked to the Vaca Muerta shale, targeting FEED work and a potential final investment decision in 2026.
News
February 06, 2026
Cameroon and Equatorial Guinea have signed a unitization agreement to jointly develop the 2.5-Tcf Yoyo-Yolanda gas fields, advancing a long-delayed cross-border project central to regional gas monetization and LNG supply growth in the Gulf of Guinea.
News
February 05, 2026
Shell reported strong cash generation and upstream resilience in Q4 2025, delivering $26 billion in annual free cash flow, boosting its dividend and extending share buybacks as it continues portfolio high-grading and disciplined upstream investment into 2026.
News
February 04, 2026
Chevron and Equatorial Guinea have signed an agreement boosting GEPetrol’s stake in the Aseng gas project, strengthening state participation and supporting expanded gas monetization through existing LNG infrastructure.
Article
January
U.S. natural gas demand is on track to surge by roughly 30 Bcfd by 2030, driven largely by LNG exports—but can drilling keep up? In this month’s Drilling Advances column, Ford Brett breaks down what isn’t holding the industry back anymore—and the bottlenecks that could determine whether drillers can deliver the next wave of gas supply.
News
January 29, 2026
Subsea7 has been awarded a substantial offshore contract in Germany, valued between $150 million and $300 million, for the Gennaker offshore wind project. Subsidiary Seaway7 will transport and install 63 monopiles and transition pieces, with offshore activities scheduled to begin in 2027.
News
January 29, 2026
Mozambique LNG has fully restarted onshore and offshore construction activities after lifting force majeure declared in 2021, with more than 4,000 workers mobilized at the Afungi site and first LNG now targeted for 2029, according to project partners and the Mozambican government.
News
January 26, 2026
Kongsberg Maritime has secured a major contract to supply deck machinery for a next-generation floating wind construction vessel being built for Hana Shipping, supporting offshore floating wind installation activities off South Korea.
News
January 26, 2026
XRG is increasing its equity stake in the Rio Grande LNG project in Texas, expanding its exposure to one of the world’s largest LNG export developments as new U.S. liquefaction capacity moves closer to startup.
News
January 19, 2026
ADNOC Gas has signed a 10-year LNG sales and purchase agreement valued at up to $3 billion with Hindustan Petroleum, supplying 0.5 MMtpa from its Das Island facility and deepening the UAE-India energy partnership.
News
January 16, 2026
Mitsubishi Corporation is entering the U.S. shale gas market with a $5.2-billion acquisition of Aethon Energy’s Haynesville Shale assets in Louisiana and Texas. The deal adds about 2.1 Bcf/d of gas production and strengthens Mitsubishi’s integrated LNG value chain with access to Gulf Coast export infrastructure.
News
January 14, 2026
Shell and Exxon have pulled a planned sale of strategic UK North Sea gas assets to Viaro, citing unresolved regulatory and market conditions after months of review.
News
January 14, 2026
bp has flagged $4–$5 billion in post-tax impairments tied to its energy transition businesses in a fourth-quarter trading update, while reporting broadly flat upstream production and lower net debt ahead of full-year results.
