To meet sustained demand, global upstream oil and gas investment must rise from $500 billion to $660 billion annually.

Arun Karupaiah, Celeros Flow Technology, outlines how OEM equipment manufacturers and specialist engineering companies are ...

Upstream merger and acquisition activity is expected to decline in 2025 after a period of significant consolidation, ...

The American Petroleum Institute (API) has voiced concerns over potential restrictions on offshore oil and natural gas activities. API president and CEO Mike Sommers highlighted the importance of ...

Trump's 'Drill, Baby, Drill' push faces industry hesitation as oil producers prioritize profits over politics. Explore the ...

They know that high oil and gas prices are here to stay due to chronic underinvesment in global upstream supply. The IRA’s support of clean energy won’t change that and is a drop in the bucket ...

According to new data, the top 20 European banks have supported 982 deals with upstream and ... financing for new oil and gas fields, and just four impose any restrictions on companies expanding ...

Dealmaking in the U.S. upstream oil and gas industry hit $105 billion in 2024, the third highest annual total ever, but activity slowed in the second half as buyers found fewer targets to acquire, ...

Mick McCormack stepping down as chair of Australian independent Central Petroleum on 30 April, to be replaced by Agu Kantsler. Imperial Oil appointed ExxonMobil Canada’s upstream senior vice ...