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mtpa Coral South FLNG project has been operating since 2022 while ExxonMobil plans to make FID on Rovuma LNG in 2026. The partners completed the offshore platform for Angolas first non-associated gas project in February 2025, with production on track for early-2026.
Despite generally cautious investor sentiment on oil markets, the energy sector has had a strong start to 2025, rising 8% year-to-date, outperforming the S&P 500 index by around 10%, according to analysts at Morgan Stanley, in a note dated March 26. (Investing) –The U.S.
Talos is targeting approximately $100 million in increased annualized cash flow in 2026 by improving its existing operations through capital efficiency, margin enhancement, commercial opportunities, and general organizational improvements. The three pillars of Talos’s new strategy are: Improve the business every day.
The private equity sponsored E&P was able to garner such a large premium for its land because high consolidation over the last few years has left few attractive private companies for the public E&Ps to target. Diamondback set a record in the Permian Basin with its acquisition of Double Eagle IV.
Chevron is undergoing one of the biggest restructurings in its modern history and announced plans to reduce its global workforce by as much as 20%, or 9,000 people, by the end of 2026.
Recordemos que Ballymore, el ltimo de una serie de proyectos de Chevron que comenzaron el ao pasado, representa un paso ms hacia el objetivo de la compaa de producir 300 mil barriles netos por da de petrleo equivalente en el Golfo para 2026. Hay que tomar en cuenta que la filial Chevron USA Inc., posee una participacin del 40%.
Services will begin in early 2026 and be managed through SLBs Performance Live digital service delivery centers. We will also leverage the strategic investments weve made in local talent and supply chains in Mexico, which will help support the on-time delivery of this project.
First production is expected in 2026/27. It also bought Japex UK E&P March 25, adding 15 percentage points to its existing stake in Seagull which now stands at 50%. Its Q4 adjusted pretax earnings were $646mn It reported zero Tier 1 or 2 incidents in theyear.
The estimate for full-year 2026 demand growth is also close to the 2025 forecast and to last months already slashed projections760,000 bpd. Last months projection was slashed by 300,000 bpd from IEAs forecast from March, following the U.S. tariff offensive in early April. Despite the U.S.-China
Ballymore, the latest in a series of Chevron projects to start up in the past year, represents another step towards the companys goal to produce 300,000 net barrels per day of oil equivalent from the Gulf in 2026. Co-owner TotalEnergies E&P USA, Inc. The development is Chevrons first in the Norphlet trend of the Gulf.
billion of share repurchases, consistent with its annual $20 billion share-repurchase program through 2026. Exxons shareholder distributions came in at $9.1 billion in the first quarter, including $4.3 billion of dividends and $4.8
Beginning in 2026, annual revenue under the Lease Agreement is expected to total $27.4 For further information: Flotek Investor Contact: Mike Critelli, Director of Finance & Investor Relations, E: ir@flotekind.com; ProFrac Investor Contact: Michael Messina, Director of Finance, E: investors@pfholdingscorp.com
Destacan los proyectos de GNL en Puerto Libertad, Sonora, as como Energa Costa Azul, en Ensenada, Baja California, prevista para entrar en operaciones en la primavera de 2026 con una inversin estimada de 2 mil millones de dlares. Ambas inversiones permitirn exportar GNL norteamericano para atender la demanda de los mercados asiticos.
The private equity sponsored E&P was able to garner such a large premium for its land because high consolidation over the last few years has left few attractive private companies for the public E&Ps to target. Diamondback set a record in the Permian Basin with its acquisition of Double Eagle IV.
For the period from 2026 through Q1 2028, the hedges secure pricing at $64.29 The program covers approximately 85% of Prairies remaining daily production for 2025, locking in prices at $68.27 per barrel WTI and $4.28 per MMBtu Henry Hub. per barrel WTI and $4.09 per MMBtu Henry Hub.
Ballymore reinforces the companys strategy to achieve 300,000 net barrels of oil equivalent per day (boepd) from the region by 2026. holding a 60% working interest, with TotalEnergies E&P USA, Inc. Strategic Importance of Ballymore Chevron has long held a dominant position in the Gulf of America. owning the remaining 40%.
This transaction positions Viper to compete for capital with mid and large cap North American E&Ps; except with higher margins, minimal operating costs, and the lowest dividend breakeven in the space. at closing at strip pricing and decreasing thereafter; near-term net debt target of $1.5 billion which equates to less than 1.0x
times by year end 2026. “Free funds flow” is a non-GAAP financial measurecalculated as funds flow less expenditures on property, plant and equipment (“PP&E”). Strong Credit Profile: Exceptional balance sheet with initial leverage of 0.9 Market capitalization is a supplementary financial measure.
Bcf/d by 2026. According to the U.S. Energy Information Administration (EIA), gas production in the Eagle Ford region is expected to rise from 6.8 billion cubic feet per day (Bcf/d) in 2024 to 7.0 While the Eagle Ford Shale still contributes 73% of this supply, the Austin Chalk is showing the fastest growth trajectory.
Bcf/d by 2026. According to the U.S. Energy Information Administration (EIA), gas production in the Eagle Ford region is expected to rise from 6.8 billion cubic feet per day (Bcf/d) in 2024 to 7.0 While the Eagle Ford Shale still contributes 73% of this supply, the Austin Chalk is showing the fastest growth trajectory.
in order for the loan to be repaid by March 31, 2026 (which is the date the loan originally would have been fully repaid, plus 1 year). Privacy Policy: By subscribing to Liskow & Lewis’ E-Communications, you will receive articles and blogs with insight and analysis of legal issues that may impact your industry.
3] This percentage will rise steadily over the next few years, starting at 40% for electric vehicles sold prior to 2024 and growing to 80% for vehicles sold after 2026. 45X(c)(6)(P). [3] 30D(e)(1). [4] Communications include firm news, insights, and events. 1] 26 U.S.C. § 45X(b)(1)(M). [2] 2] 26 U.S.C. § 3] 26 U.S.C. §
That 2026 budget will be trimmed if necessary, Kruger said. The company aims to grow earnings from that network by C$200 million by the end of 2026. CEO Rich Kruger told analysts on a conference call that Suncor has not changed its 2025 capital budget range of C$6.1 billion ($4.43 billion) to C$6.3 billion next year.
“The potential impact on production levels in 2025 and 2026 of the decline in upstream E&P oil investments will constitute a challenge, despite the industrys continued focus on efficiency and productivity improvements,” the report said. Last month, it forecast growth of 400,000 bpd.
crude oil supply will rise more slowly than expected for the rest of 2025 and in 2026 and peak as early as this year , as WTI prices at $60 per barrel are testing the breakeven point of shale production, energy flows intelligence firm Kplersaidlast week. With the low oil prices, Kpler has now cut its U.S.
“The potential impact on production levels in 2025 and 2026 of the decline in upstream E&P oil investments will constitute a challenge, despite the industrys continued focus on efficiency and productivity improvements,” the report said.
” Mobileye has already announced deals with Volkswagen (which will start production in 2026) and say others will start producing self-driving capabilities until 2027-28. Thats a hefty P/E. It also appears close to a Surround ADAS contract with a US-based OEM.”
Westshore should be a steady-eddy dividend play with upside as the potash volumes ramp up in 2026, with newly guided meaningful revenue in 2027. Westshores agreement with BHP calls for production starting in late-2026. The potash volumes from Jansen are expected to begin in late 2026. sh per year or 6.5% Mt of potash per year).
million bpd in 2026 from about 13.42 operators will drill and complete fewer wells through 2026, the EIA estimated. million barrels per day in 2026, up roughly 40,000 barrels from last month’s forecast, mitigating the impact of reduced activity in other crude-producing regions. (World Oil) – The U.S.
It raised its 2026 forecast 300,000 bpd from a previous outlook, to 13.76 Energy Information Administration (EIA) on Monday lifted its 2025 forecast for domestic oil production to 13.61 million barrels per day, up 200,000 bpd from last months forecast. million bpd. It also raised its natural gas production outlook for this year and next.
million bpd in 2026. Energy Information Administration expects crude oil production to rise to a new record average of 13.61 million barrels per day (bpd) in 2025 and climb further to 13.76 But there is an obvious problem here.
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