Report projects high yields in strategic wells to set the pace in 2026
Everything will depend on the quality of the prospects selected suggests that the industry prefers technical precision over massive volume of transactions.
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Shell moves forward with gas project in Venezuela after U.S. licenses.
The company expects to produce gas in three years and export it via Atlantic LNG in Trinidad.
Santos agrees to supply gas to Whyalla from 2030 onwards
The gas supplied will enable the Whyalla plant to be transformed through direct abatement technology, reducing emissions and securing jobs until 2045.
Advancing Venezuelan crude oil alters demand for Mexican fuel oil in the Gulf
Gulf refineries prioritize Venezuelan crude, displacing Mexican HSFO to the offshore blending market.
Hungary releases emergency oil in response to Druzhba pipeline suspension
The interruption of supplies from Russia is forcing Hungary to mobilize reserves and consider new energy routes to maintain internal stability.
Turkey questions legality and opposes Greece’s hydrocarbon activities
Turkey’s Ministry of National Defense has expressed a strong stance against Greece’s recent awards for the exploration of energy resources in southern Crete. The…
BOEM proposes next BBG3 lease auction in the Gulf of America
The country guarantees affordable energy for its industry and reduces vulnerability to foreign markets.
Hungary considers cutting off Ukraine’s energy supply
Hungary and Slovakia make energy supplies conditional on resumption of the flow of the Druzhba pipeline, suspended after a Russian attack
THREE60 Energy, Innovair and Oil States team up for offshore caisson integrity
A single technical alliance manages end-to-end caisson integrity on mature offshore platforms.
Argentina expands the RIGI to boost Vaca Muerta
The incentive regime will now include unconventional oil and gas production projects, with tax and exchange benefits for 30 years.