U.S. crude oil production is expected to stay near its 2025 record through 2026 before declining in 2027, as lower prices slow drilling, EIA forecasts. SourceContinue Reading
TMC Compressors has secured a contract to supply marine compressed air systems for SBM Offshore’s Trion FSO, supporting deepwater oil development offshore Mexico. The unit will be deployed in 2,500 m of water and is designed to store up to 950,000 bbl of crude. SourceContinue Reading
McDermott has been awarded a major EPCI contract by ADNOC for the Nasr-115 Expansion Project offshore the UAE, supporting increased Al Nasr field production capacity to 115,000 bpd by 2027. SourceContinue Reading
The U.S. has no plans to provide physical or financial security guarantees to oil companies planning to operate in Venezuela, Energy Secretary Chris Wright said, underscoring ongoing investment risk concerns in the country’s oil sector. SourceContinue Reading
Energy stocks, led by oil and gas producers, climbed to new highs as crude prices strengthened on geopolitical uncertainty and an Arctic cold snap boosting natural gas sentiment. SourceContinue Reading
Infinity Natural Resources expands its Pennsylvania dry gas footprint with a $36-million all-stock deal, adding immediate production and deepening Marcellus-Utica inventory in the Appalachian basin. SourceContinue Reading
Argentina posted its largest energy trade surplus in more than three decades in 2025, as rising oil and gas production from the Vaca Muerta shale drove a sharp increase in exports and strengthened the country’s upstream outlook. SourceContinue Reading
Halliburton says it can restart oilfield operations in Venezuela within weeks if U.S. approval and payment protections are secured, CEO Jeff Miller said. SourceContinue Reading
Enverus’ 2025 ranking of the top U.S. public E&Ps shows production becoming increasingly concentrated at the top, with ExxonMobil holding No. 1 and Permian-focused operators widening the gap through scale and consolidation. SourceContinue Reading
Elnusa is strengthening Indonesia’s onshore exploration push with a major nodal seismic technology investment, targeting faster surveys and higher-resolution imaging in complex geological settings. SourceContinue Reading
