Industry & Analysis
News
March 19, 2025
Executives from more than a dozen oil companies will meet with U.S. President Donald Trump today, marking the first of its kind since Trump’s second inauguration and his creation of a new National Energy Dominance Council to shape policy.
News
March 19, 2025
The U.S. Energy Information Administration's (EIA) recent forecast states that two new oil developments in Alaska — the Nuna and Pikka projects — are expected to boost crude oil production in the state after decades of decline.
News
March 18, 2025
Equatorial Guinea has relaunched its open-door licensing process for 2025, setting the stage for a major licensing round and marking a strategic shift toward prioritizing licensing and exploration, with a strong focus on regulatory competitiveness, tax incentives and data transparency.
News
March 18, 2025
The American Petroleum Institute today joined over 100 other trade groups representing a wide range of stakeholders in sending a letter to House and Senate leadership welcoming U.S. Congress’ efforts to protect consumers and reverse California’s harmful vehicle mandates.
News
March 17, 2025
The U.S. Department of the Interior Office of the Inspector General has released an audit report showing the Railroad Commission of Texas successfully used federal grant funding for orphaned well plugging and complied with all related laws and regulations.
News
March 17, 2025
Chevron Corp. bought nearly 5% of Hess Corp. as a show of confidence that it will win the arbitration battle with ExxonMobil Corp. that has delayed the Hess takeover for more than a year. The stake is worth about $2.3 billion at today’s price.
News
March 17, 2025
Independent Petroleum Association of America (IPAA) President & CEO Jeff Eshelman spoke out in support of President Donald Trump's recent signing of the H.J.Res.35, which through the Congressional Review Act process disapproves of the Biden Environmental Protection Agency’s (EPA) methane tax regulations.
News
March 14, 2025
U.S. President Donald Trump is set to meet with top oil executives at the White House next week as he charts plans to stoke domestic energy production, even as the industry grows uneasy about falling crude prices and tariff uncertainty.
News
March 14, 2025
There has been much talk from analysts and industry leaders of an impending plateau or peak for oil demand by 2035, or even as soon as 2030. During a strategic roundtable at this week’s CERAWeek by S&P Global energy conference, experts joined to discuss collective thinking and misconceptions surrounding the future of oil demand.
News
March 14, 2025
(WO) - In a Leadership Dialogue with Federal Energy Regulatory Commission (FERC) Chairman Mark Christie during CERAWeek 2025 by S&P Global, LNG was not only a staple of discussion but, in his view, a staple for present and future energy generation.
News
March 13, 2025
Venezuelan oil contractors are continuing their work with Chevron Corp. and have not been warned of an impending shutdown despite a U.S. government deadline to stop producing oil there by early April.
News
March 13, 2025
Independent Petroleum Association of America (IPAA) President & CEO Jeff Eshelman issued a statement of support on EPA's announcement today of actions to advance President Trump’s Day One executive orders on energy.
News
March 13, 2025
The Liza Unity is now the world's first FPSO to receive the SUSTAIN-2 notation from ABS. The notation is the next level in the vessel sustainability program developed by ABS to help fleets meet certain environmental and human elements requirements.
News
March 12, 2025
American Petroleum Institute President and CEO Mike Sommers issued a statement after the U.S. Environmental Protection Agency announced plans to reconsider several major rulemakings as part of a broader agenda to support American energy dominance.
News
March 12, 2025
The U.S. Environmental Protection Agency said Wednesday it will reconsider the Obama administration’s so-called endangerment finding, a move that could dismantle the legal foundation for sweeping climate change rules.
News
March 11, 2025
(WO) - Quorum Software, a leading provider of energy software worldwide, today announced that it has acquired zdSCADA, an established leader in cloud-based supervisory control and data acquisition (SCADA) technology.
News
March 11, 2025
(WO) – The Gas Exporting Countries Forum (GECF) has released the 9th edition of its Global Gas Outlook 2050, offering an in-depth analysis of the future of natural gas. This latest edition explores key trends and developments in the natural gas market.
News
March 11, 2025
Westwood’s new Atlas Decommissioning module provides critical insight into the timing, scale and economic risks of North Sea decommissioning.
News
March 10, 2025
“A consequential time for energy and the world,” was how S&P Vice Chairman Daniel Yergin began his opening remarks, as the 2025 session of CERAWeek by S&P Global kicked off on March 10th in the Hilton Americas hotel. The sentiment was echoed through the panels to follow and proved a central theme to the day’s discussions.
News
March 07, 2025
Oil’s one-day advance wasn’t enough to rescue prices from a seventh straight weekly decline as the prospect of a temporary truce in Ukraine capped on-again, off-again tariff news that upended global markets.
News
March 06, 2025
The UK government is drafting a new tax regime for oil and gas companies to replace a controversial windfall levy after 2030, with an aim to hit companies only when prices are unusually high. The UK also confirmed plans to end new North Sea exploration licenses for oil and gas.
