Industry & Analysis
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.
News
March 05, 2025
The cost of Oman crude on the Gulf Mercantile Exchange slipped below Brent on Tuesday for the first time since late 2024, according to data compiled by Bloomberg. That marks the end of the Middle Eastern grade’s longest run of premiums over the global benchmark since 2023.
Article
February 2025
President Donald Trump’s remaking of U.S. energy policy is moving at breakneck speed, with many moving parts.
Article
February 2025
Global E&P spending is expected to remain flat in 2025, ending a three-year growth streak. North American (NAM) overall spending will see a slight decline, largely driven by the U.S. International E&P spending growth is expected to moderate amid global market shifts.
News
March 04, 2025
BP Plc’s strategy reset isn’t even a week old, but it’s already showing some vulnerabilities. Two of the company’s most important pledges to investors require Brent above $70. The international benchmark is likely to fall below that crucial threshold, according to Bloomberg.
News
March 04, 2025
Independent Petroleum Association of America (IPAA) President & CEO Jeff Eshelman has issued a statement ahead of President Donald Trump’s address to a Joint Session of Congress, citing the historic changes happening within the energy sector.
News
March 04, 2025
The U.S. Treasury followed through on President Trump’s pledge to stop Chevron's operations in Venezuela, delivering a major blow to Nicolas Maduro’s autocratic regime. Chevron has ramped up production in recent years to supply about 20% of Venezuela's overall output.
Article
February 2025
The outlook for international E&P remains mixed, with a slight gain in drilling expected. Four of eight regions will be up, three will be down, and the Middle East will be flat. South America and the Far East/South Asia are the stand-outs. Offshore activity will fare better than onshore work.
News
March 04, 2025
ChampionX's Aerial Optical Gas Imaging (AOGI) platform has received approval from the U.S. Environmental Protection Agency (EPA) for the Methane Alternative Test Method outlined in OOOOb, marking a significant milestone in emissions management.
