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This week’s energy headlines spotlight U.S. upstream cost resets, a Gulf of Mexico expansion, a landmark offshore services merger, LNG infrastructure growth, and a major Brazilian discovery.

Explore the Smackover’s shift from lithium curiosity to competitive basin, as CVX, XOM and others expand DLE-focused acreage, pilots and offtakes.

Enverus Intelligence® Research finds global exploration is showing early signs of recovery as success rates hold near 40%, despite activity remaining near historic lows — raising longer‑term oil and gas supply risks after 2030.

Recommended Meta Description: Enverus Intelligence® Research raises its 1Q26 Brent crude forecast to $60 per barrel as Iran geopolitical risk tightens near‑term oil markets, even as global crude inventories continue to build into early 2026.

Discover Siemens' $1 billion investment in power grid expansion to support AI infrastructure and meet soaring electricity needs in the U.S.

This week’s energy headlines spotlight deepwater momentum, Delaware Basin expansion, major South Texas marketing efforts, midstream divestitures and storage growth, and rising LNG activity.