Buccaneer Energy reported continued production growth at its Pine Mills field in East Texas, with output reaching approximately 135 bopd and a target of 250 bopd through waterflood development, enhanced oil recovery and recent acquisitions. SourceContinue Reading
The European Commission plans to issue guidance delaying penalties tied to the EU’s methane emissions regulation for oil and gas imports. The move comes amid concerns from LNG suppliers and member states that the rules could disrupt energy supplies and increase compliance challenges. SourceContinue Reading
A coalition of UK energy producers, manufacturers, trade unions and industry groups has urged Labour MPs to support North Sea oil and gas production, arguing domestic energy development is essential for energy security, industrial competitiveness and long-term economic growth. SourceContinue Reading
SLB and Liberty Energy are expanding into the AI infrastructure market through a new partnership to deliver modular data center systems and natural gas-fired power, leveraging oilfield expertise to meet growing global demand for AI computing. SourceContinue Reading
Oil prices surged after President Trump announced plans to reinstate a blockade on Iranian shipping through the Strait of Hormuz and impose a 20% transit fee on other cargoes, renewing concerns over global oil supplies and escalating tensions in the Middle East. SourceContinue Reading
Beyond his reputation as a foreign policy leader, Senator Lindsey Graham was one of Capitol Hill’s strongest advocates for domestic oil and gas. Editor-in-Chief Kurt Abraham reflects on the senator’s enduring energy legacy. SourceContinue Reading
The European Union failed to approve its latest Russia sanctions package, leaving a planned freeze of the Russian oil price cap unresolved ahead of a key deadline. The delay raises uncertainty over one of the bloc’s primary tools for limiting Kremlin oil revenues amid higher global crude prices. SourceContinue Reading
Halliburton has secured integrated drilling and completions contracts for TotalEnergies’ GranMorgu deepwater project offshore Suriname, combining digital well construction technologies with local infrastructure investment to support the country’s growing offshore sector. SourceContinue Reading
The Republic of Congo has appointed Franc Mouzabakani as Director General of the Upstream Petroleum Sector, strengthening leadership as the country targets 500,000 bpd of oil production through offshore developments, exploration and increased upstream investment. SourceContinue Reading
