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U.S. crude production may decline in 2026 amid slowing global demand, S&P Global says

Oil & Gas 360º

oil production growth later this year and could lead to an annual decline in output in 2026, according to a new analysis by S&P Global Commodity Insights. As a result of the declining demand outlook and expected supply surplus (likely widened by recent OPEC+ decisions to accelerate the pace of production increases), U.S.

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Enverus EVOLVE: Creating the future of energy with AI, intelligence and innovation

Enverus

The company’s flagship customer conference brought together more than 700 leaders, innovators and decision-makers from across the energy value chain to explore the future of energy through the lens of generative artificial intelligence, market transformation and operational excellence. energy producers and more than 40,000 suppliers.

Energy 130
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African national oil companies (NOCs) partnering with independents to drive E&P

Oil & Gas 360º

Boosting production Major oil producers in Africa are striving to boost production and NOC-IOC collaboration is at the forefront. Algerias Sonatrach will increase hydrocarbon production by 2.5% Algerias Sonatrach will increase hydrocarbon production by 2.5%

E&P 130
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Ecopetrol eyes SierraCol purchase to boost output, reserves in Colombia

Oil & Gas 360º

in 2020 for about $825 million. With Colombias reserves of oil and natural gas falling, and President Gustavo Petro refusing to grant new exploration licenses, Ecopetrol is focused on contracts signed before the environmentalist leader took power in 2022. Carlyle Group is seeking to sell SierraCol Energy Ltd.,

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RENEWABLES ON CONTRACT | How Green Energy Locks in Profits

Enverus

Since 2020, the demand for power purchase agreements (PPAs) has surged, driven by tax incentives, corporate clean energy goals, and increasing power needs. Data centers and the push for 24/7 clean energy matching are further accelerating this trend. The rapid development of U.S.

Energy 130
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ConocoPhillips Confirms Slagugle Oil Discovery in Norwegian Sea

Rigzone

Image by Ole Arnesen via iStock The Norwegian Offshore Directorate said ConocoPhillips Skandinavia AS, operator of production license 891, had confirmed the Slagugle oil discovery. This is the third exploration well in production license 891, awarded in the Awards in Predefined Areas (APA) in 2016, the Directorate said in its notice.

Oil 62
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Elk Range Royalties closes $905 million acquisition of DJ Basin assets

Oil & Gas 360º

The high-quality operator footprint enhances production visibility and long-term value creation. The acquisition includes an attractive mix of current production, near-term activity through DUCs and long-term growth through undeveloped upside. billion in capital since its launch in 2020.

Royalty 130