Kolibri Global Energy reported improving early production from new Barnes and Velin wells in Oklahoma’s Tishomingo field, with oil cuts near 83% and Barnes wells outperforming earlier Lovina results on a lateral-adjusted basis. SourceContinue Reading
Enverus’ 2026 Global Energy Outlook forecasts Brent crude near $55/bbl, rising Permian gas supply, tighter power grids and selective energy transition investment amid geopolitical risk. SourceContinue Reading
INEOS has criticized the UK’s net-zero strategy after a report from the Institute of Economic Affairs (IEA) estimated decarbonization costs could reach £7.6 trillion, raising concerns over industrial competitiveness and energy security. SourceContinue Reading
Norway has offered 57 new offshore production licenses to 19 companies in the latest APA licensing round, spanning the North Sea, Norwegian Sea and Barents Sea. The move aims to slow production decline on the NCS and support long-term energy supply to Europe. SourceContinue Reading
Equinor has been awarded 35 new production licenses in Norway’s APA round, strengthening exploration and long-term oil and gas production across the NCS. SourceContinue Reading
EnerMech has secured a subsea pre-commissioning services contract from Saipem for the Whiptail development offshore Guyana, adding to its growing portfolio of Stabroek Block projects operated by ExxonMobil Guyana. SourceContinue Reading
DNO ASA has been awarded 17 exploration licenses in Norway’s APA 2025 round, including four operatorships, reinforcing its high-pace exploration strategy and growing portfolio across the North Sea and Norwegian Sea. SourceContinue Reading
During a Monday press call previewing API’s 2026 State of American Energy event, API President and CEO Mike Sommers framed Venezuela as both a cautionary tale and a long-term opportunity—one that will take time, capital and policy reform to meaningfully affect global balances. SourceContinue Reading
During a Monday press call previewing API’s 2026 State of American Energy event, API President and CEO Mike Sommers framed Venezuela as both a cautionary tale and a long-term opportunity—one that will take time, capital and policy reform to meaningfully affect global balances. SourceContinue Reading
