At OTC in Houston, ExxonMobil’s John Ardill said the coming “demand decade” will require more upstream investment, stronger policy alignment and faster deployment of AI-driven technologies. He pointed to autonomous drilling in Guyana and the U.S. shale model as indicators of where exploration is headed. SourceContinue Reading
At OTC in Houston, ExxonMobil’s John Ardill said the coming “demand decade” will require more upstream investment, stronger policy alignment and faster deployment of AI-driven technologies. He pointed to autonomous drilling in Guyana and the U.S. shale model as indicators of where exploration is headed. SourceContinue Reading
The Trump administration is considering drilling for oil beneath U.S. military bases and other federal land as part of efforts to refill the depleted Strategic Petroleum Reserve. SourceContinue Reading
Diversified and Carlyle are acquiring $1.2 billion in Anadarko basin assets from Camino, expanding their Oklahoma footprint with new SCOOP/STACK inventory and a large-scale ABS financing structure. SourceContinue Reading
Texas Railroad Commissioner Wayne Christian praised record Corpus Christi export activity and rising drilling momentum as Texas producers respond to supply disruptions tied to the Iran conflict. SourceContinue Reading
OPEC crude production fell to its lowest level since 1990 as the Iran war and Strait of Hormuz disruption cut Persian Gulf exports and forced additional shut-ins. SourceContinue Reading
Halliburton and Shape Digital have formed a strategic collaboration to improve digital asset performance management by linking subsurface and surface data for production operations. SourceContinue Reading
Equinor has started production from the Eirin field in the North Sea, adding new gas volumes to Europe through a subsea tieback to the Gina Krog and Sleipner infrastructure. SourceContinue Reading
Oil and gas prices fell sharply after reports that the U.S. and Iran are nearing a deal that could reopen the Strait of Hormuz and ease global supply disruption. SourceContinue Reading
The U.S. paused its plan to reopen shipping through the Strait of Hormuz after renewed clashes raised escalation risks, leaving global oil and gas flows under continued pressure. SourceContinue Reading
