Blake Wright

MODEC will supply the FPSO that will host up to 18 wells in the initial phase of development.

Smackover Lithium, an Equinor joint venture, will drill new wells on the Franklin project to get a better understanding of its brine makeup and lithium potential.

The technology to desalinate and reuse produced water for cooling AI data centers in the Permian Basin exists, but addressing cost challenges remains critical to widespread adoption.

TotalEnergies is widely viewed as one of the more ambitious majors on the energy transition, having set more decarbonization targets than its peers and updated them over time.

Faced with escalating fuel costs arising from the Middle East war and its second gas crunch in a decade, Cairo is urging operators to advance upstream projects to improve its gas deficit.

Eni's 70%-owned Enilive satellite owns and operates most of the Italian champion's biofuel production assets and other businesses, including the parent company's retail fuel and convenience operations.

The $100 billion Venezuela oil investment bonanza that US President Donald Trump touted in the initial days following the US ouster of Venezuelan

The supermajors saw their proved reserves decline by an average of 25% over the 2015-25 period.

US crude exports have reached record highs, helping to partially alleviate the global supply deficit caused by the Mideast conflict and the near-closure of the Strait of Hormuz.