Congo is accelerating its upstream expansion, ramping LNG output and boosting oil production toward 500,000 bpd. New projects, fast-paced LNG development and pro-investment reforms are positioning the country as a rising hub in Central Africa’s energy future. SourceContinue Reading
Saudi Aramco has slashed its Arab Light crude price to the lowest level since 2021, signaling mounting global oversupply and softer demand as OPEC+ prepares for a slower start to 2026. SourceContinue Reading
Halliburton has promoted Shannon Slocum to executive vice president and COO, expanding his leadership role over global operations, technology, HSE and business development. The company also announced Rami Yassine as the new president of the Eastern Hemisphere. SourceContinue Reading
Kongsberg Maritime has landed a major LARS contract with Sea1 Offshore, supplying advanced launch-and-recovery systems for four new construction vessels and boosting subsea capability in harsh offshore conditions. SourceContinue Reading
Crescent Energy has sold its non-operated DJ basin assets for $90 million, marking more than $900 million in executed non-core divestitures year-to-date. Proceeds will reduce debt and strengthen the company’s balance sheet as it continues to streamline its portfolio. SourceContinue Reading
The National Petroleum Council has issued two major reports urging urgent federal permitting reform and tighter gas-electric coordination to safeguard U.S. energy reliability as demand surges. DOE Secretary Chris Wright welcomed the recommendations. SourceContinue Reading
Op-Ed: Africa’s emerging gas hubs could reshape the continent’s energy and economic future. NJ Ayuk outlines how upstream growth, infrastructure expansion and balanced fiscal policies can unlock transformational benefits—if nations navigate key risks. SourceContinue Reading
Black Stone Minerals and Caturus Energy have entered a 220,000-acre Haynesville development agreement, establishing a multi-year drilling program to expand Gulf Coast natural gas output. SourceContinue Reading
Aramco has started gas production from the first phase of its Jafurah shale project, delivering 450 MMcfd as the company targets 2 Bcfd and major unconventional growth. SourceContinue Reading
ReconAfrica has encountered 64 m of hydrocarbon pay at its Kavango West 1X well in Namibia’s onshore PEL 73. The company will conduct a production test in early 2026 to evaluate flow potential and advance the emerging Damara Fold Belt play. SourceContinue Reading
