TotalEnergies has completed the merger of its UK North Sea upstream assets with NEO NEXT, forming NEO NEXT+—now the largest independent producer on the UK Continental Shelf, with expected 2026 output exceeding 250,000 boed and a strengthened platform for operational synergies and cash flow growth. SourceContinue Reading
At CERAWeek, Devon Energy CEO Clay Gaspar reflected on his first year leading the company, outlining a three-pillar strategy, the industrial logic behind its merger with Coterra, and how AI is reshaping operations and future value creation. SourceContinue Reading
Natural gas was central last week to many of the ongoing discussions at CERAWeek 2026, hosted by S&P Global in Houston, Texas. With the rapid rise in data centers across the country, discussions about meeting the need for expanding rapid, reliable power generation have been at the forefront, with natural gas playing a key role....Continue Reading
Natural gas was central last week to many of the ongoing discussions at CERAWeek 2026, hosted by S&P Global in Houston, Texas. With the rapid rise in data centers across the country, discussions about meeting the need for expanding rapid, reliable power generation have been at the forefront, with natural gas playing a key role....Continue Reading
As the Middle East conflict continues to disrupt global oil and LNG flows, panelists at CERAWeek by S&P Global pushed back on two questions gaining traction in energy circles: why doesn’t the U.S. simply intervene with force to reopen the Strait of Hormuz, or seize Iran’s Kharg Island export hub? SourceContinue Reading
Rising oil prices driven by Middle East supply disruptions could prompt U.S. shale producers to increase drilling activity in the second half of 2026, with output potentially rising by more than 800,000 bpd through 2028, according to Citi. SourceContinue Reading
A U.S. appeals court has overturned a $16.1 billion judgment against Argentina tied to the nationalization of oil company YPF, marking a significant legal and financial shift in one of the industry’s largest compensation disputes. SourceContinue Reading
The UAE is increasing crude exports from Fujairah as operators restore loading capacity following Iranian drone strikes, using the port as a key route to bypass the Strait of Hormuz and sustain global oil flows. SourceContinue Reading
IKM Testing UK has been awarded a contract to deliver pre-commissioning services for CO₂ pipeline infrastructure on the Northern Endurance Partnership project, supporting development of the UK’s East Coast carbon capture cluster and offshore storage in the North Sea. SourceContinue Reading
INPEX and Formentera have formed a joint venture to accelerate shale gas development in Australia’s Beetaloo basin, targeting domestic supply and future LNG exports supported by U.S. shale expertise and expanded infrastructure plans. SourceContinue Reading
