Oil & gas news
EIA: US natural gas production reached a new record in 2025
US marketed natural gas production reached a new record in 2025, growing by 5.3 billion ft3/d to average 118.5 billion ft3/d, according to the U.S. Energy Information Administration’s latest Natural Gas Monthly.
Triple-digit oil: Temporary spike or a new market reality? Rystad Energy reports
Rystad Energy’s oil market update from Janiv Shah, Vice President, Oil Markets.
Oil price surge signals “new wave of volatility” (GlobalData)
Oil price surge above US$115 signals escalation from logistics shock to supply disruption in energy markets, says GlobalData.
The cost of capital discipline: Big Oil faces production cliff edge
30 of the world’s largest companies must find 22 million bpd by 2040. Companies will need to deploy every tool in the business development playbook to square the circle
Bilfinger secures strategic offshore and onshore access and fabric maintenance contracts, strengthening UK energy sector presence
Bilfinger has secured two high-profile maintenance contracts that significantly strengthen its presence across both offshore and onshore energy operations in the UK.
World Pipelines launches UK-focused CCS Forum to tackle UK CO2 transport build-out
World Pipelines to host dedicated UK CCS infrastructure forum, on 18 March 2026, in London.
Kongsberg Discovery consolidates multibeam leadership with new EM2042 models for naval and deep-sea operations
The new EM2042 DR600 and EM2042 BNS build on the market proven EM2042 platform, sharing its successful next-generation acoustic architecture, while addressing two distinct operational needs.
Celeros Flow Technology signs strategic corporate procurement agreement with Aramco
Marking a key milestone in the two companies’ strategic partnership.
Eni expands African exploration footprint with major discoveries in Ivory Coast, Angola
New discoveries in Ivory Coast and Angola reinforce Eni’s dual strategy of frontier exploration and near-field reserve growth in Africa.
Wood Mackenzie: UK Energy Transition Outlook shows 12-point gap on 2030 climate target despite £1.5 - 2.1 trillion investment pathway to 2060
Nearly all 2030 targets now unattainable despite historic coal phaseout; offshore wind deployment trails by 20% as government races to address grid bottlenecks and spiralling costs.