Upstream news
Rystad Energy: significant risk to US operators following tariff announcements
Rystad Energy predicts significant risks to US operators who could be forced to bring down their pace of production growth.
Matador Resources Company announces sale of Eagle Ford assets
Matador Resources Company has announced the sale of its remaining Eagle Ford shale position in South Texas.
Subsea7 awarded contract in the US
Subsea7 has announced the award of a sizeable contract by Shell Offshore Inc. for the Sparta deepwater development in the US.
bp chair announces intention to step down; board launches search for successor
bp has announced that the company's board of directors has initiated a succession process to select a new Chair, after Helge Lund informed the board of his intention to step down in due course.
Rystad Energy: OPEC+ may raise output if US supply disruptions deepen
Markets respond to US ‘Liberation Day’ and recent OPEC+ meeting.
INEOS Energy completes the acquisition of oil and gas assets in US Gulf from CNOOC
INEOS Energy has announced the completion of the acquisition of the US Gulf business held by CNOOC Energy Holdings USA. Inc., a US subsidiary of CNOOC International Limited (CNOOC).
bpTT announces start of production from new Cypre gas project
bp Trinidad and Tobago (bpTT) has confirmed its Cypre development has safely delivered its first gas.
CNOOC announces major oilfield discovery Huizhou 19-6
CNOOC Ltd has announced a major oilfield discovery of Huizhou 19-6 in the deep and ultra-deep plays of the South China Sea, which adds over a hundred million t of oil equivalent in-place.
NEO Energy announces strategic merger with Repsol’s UK business
NEO Energy has announced a strategic merger with Repsol Resources UK, creating a leading independent producer in the North Sea.
Powering oil and gas operations with AI
Christian Keon and Indu Moola, Nanoprecise Sci Corp., Canada, describe fuelling energy operations with AI-driven maintenance.