Oil & gas news
What the Venezuela regime change means for oil production, crude and product markets
Venezuelan production recovery faces decade-long timeline despite near-term supply gains, Wood Mackenzie finds.
INEOS Energy announces new Norphlet oil discovery in the Gulf of Mexico
The Nashville exploration well was drilled more than five miles beneath the seabed and confirmed high-quality oil in one of the Gulf’s most promising deepwater formations.
A Q&A with Elemental Energies and Oilfield Technology: decommissioning oil and gas assets
Julie Copland, Head of Wells, Elemental Energies, and Iain Farrow, Elemental Archer JV Manager, answer questions regarding decommissioning oil and gas assets.
Eni announces a significant gas discovery in the Kutei Basin in Indonesia
Estimates indicate 600 billion ft3 of gas initially in place (GIIP) with a potential upside beyond 1 trillion ft3.
Congo’s upstream expansion signals new era for Central Africa’s energy future
With Congo LNG Phase 2 starting operations, Congo is gearing-up for accelerated upstream growth.
Shell grows interest in Atapu and Mero units offshore Brazil
Shell Brasil Petróleo Ltda. (Shell Brasil), a subsidiary of Shell plc, has secured additional equity in Brazil’s pre-salt oil projects following an auction led by Pré-Sal Petróleo.
Wood Mackenzie highlights four US Lower 48 themes to look for in 2026
US Lower 48 rig count to fall below 500 while gas assets drive M&A rebound in 2026.
Africa needs US$375 billion to develop natural gas sector, says Society of Petroleum Engineers (SPE)
With 17 high impact wells completed in 2025, Africa will need significant investment to support natural gas demand in the near-medium term.
Wood Mackenzie reveals five corporate oil and gas themes to look out for in 2026
Share buybacks at risk as companies face toughest strategic balancing act yet.
Beyond the dashboard
Egill Abrahamsen, Vice President and Principle Drilling & Well Specialist, Sekal AS, Norway, details how advanced, real-time predictive monitoring systems are transforming offshore drilling operations.