Industry & Analysis
News
October 10, 2025
Adnoc Gas CEO Fatema Al Nuaimi says the upcoming wave of global LNG supply through the decade will spark sustained demand growth, as lower prices encourage long-term adoption in emerging markets.
News
October 09, 2025
Houston-based Sable Offshore Corp. is seeking assistance from the Trump administration to revive crude production offshore Santa Barbara, Calif. The company’s plans to restart pipelines from the Santa Ynez Unit have been delayed by state regulators, prompting consideration of shipping oil by tanker instead.
News
October 07, 2025
U.S. crude oil output hit a record 13.6 million bpd in July, prompting the U.S. Energy Information Administration to revise its 2025-26 outlook. The EIA now forecasts production will average 13.5 million bpd in both 2025 and 2026, modestly higher than its September forecast.
News
October 07, 2025
Oil prices steadied after OPEC+ announced a modest 137,000-bpd increase for November, signaling continued supply restraint from Saudi Arabia and its allies.
News
October 07, 2025
The Texas Railroad Commission has established the State Task Force on Petroleum Theft (STOPTHEFT) to address rising oilfield crime. The 13-member group includes leaders from ConocoPhillips, Diamondback Energy, and the Texas Oil & Gas Association, alongside state and federal law enforcement.
News
October 03, 2025
U.S. political momentum and African regulatory reforms are converging to create what leaders at African Energy Week 2025 described as a strategic opening for U.S. investment in Africa’s upstream oil and gas sector.
News
October 03, 2025
The American Petroleum Institute (API) welcomed a federal court ruling that overturned a previous administration’s attempt to permanently ban new offshore oil and gas leasing, calling the decision a major step toward restoring access to U.S. energy resources.
News
October 03, 2025
OPEC+ members are debating the size of their next oil supply increase, with options ranging from a modest 137,000 bpd to a larger boost. The decision, expected at the November meeting, comes as crude prices trade near four-month lows.
News
October 02, 2025
The Railroad Commission of Texas (RRC) has assessed more than $1.5 million in penalties against oil and gas operators and businesses during its latest open meeting, underscoring the agency’s continued focus on regulatory enforcement and compliance across the industry.
News
October 01, 2025
Enverus Intelligence Research warns that Illinois’ ban on CO₂ sequestration beneath the Mahomet Aquifer has halted 5.6 MMtpa of carbon storage projects and could set a precedent nationwide, putting 20% of U.S. carbon capture capacity at risk.
News
September 30, 2025
At the Energy Workforce & Technology Council’s (EWTC) 2025 Business Optimization Conference, leaders spotlighted two urgent priorities for the oilfield services sector—meeting surging global power demand with U.S. LNG and navigating policy and workforce hurdles to sustain growth.
News
September 30, 2025
Equatorial Guinea and Chevron have signed an agreement for the development of the Aseng Gas Project in Block I. The Aseng project represents an initial investment of $690 million, and underscores the country's long-term strategy to become a premier hub for natural gas in Africa.
News
September 26, 2025
In a new Op-Ed, Texas Railroad Commissioner Wayne Christian backs President Trump’s blunt UN remarks, calling the global climate agenda a costly con that threatens U.S. energy security.
News
September 25, 2025
bp no longer expects global oil demand to peak this year, projecting growth through the 2030s instead. In its latest Energy Outlook, the company forecasts demand reaching 103.4 million barrels a day by 2030.
News
September 24, 2025
Suriname’s government is negotiating with bondholders to delay debt repayments until offshore oil revenues begin in 2028. With TotalEnergies set to tap 760 million barrels of reserves, the economy aims to stabilize finances and attract investment while preparing for its first crude output.
News
September 24, 2025
With Africa requiring up to $240 billion annually to meet its energy and climate goals, attracting investment is more crucial than ever. A consistent theme emerging across the continent is the need for stable and transparent regulatory frameworks to foster investor confidence and drive sustainable development.
News
September 23, 2025
Wood Mackenzie has entered into a strategic data partnership with Novi Labs to enhance its Lens Lower 48 solution, integrating operator-verified well data and AI-driven lease-to-well algorithms. The partnership will cover 4.4 million wells that account for over 20% of global oil and gas supply.
News
September 23, 2025
U.S. President Donald Trump criticized the UK’s North Sea oil tax regime and green energy push in a UN speech, warning that Prime Minister Keir Starmer’s policies risk shutting down new offshore development.
News
September 19, 2025
Nigeria’s NNPC Ltd. is accelerating upstream oil and gas growth with new production sharing contracts alongside TotalEnergies, crude supply agreements and gas pipeline progress. The company aims to attract $60 billion in upstream investment by 2030.
News
September 18, 2025
ExxonMobil says global energy demand will hold steady, reinforcing its long-term fossil fuel strategy. The company plans to double LNG sales by 2030, expand production in Guyana and the Permian, and advance new LNG projects in Mozambique and Papua New Guinea.
