High fuel prices test limits of summer vacation spending
The unofficial start of the summer travel season on Memorial Day weekend will show just how much travelers want to […]
Energy M&A
Energy mergers, acquisitions, divestitures, and asset transactions impacting the oil and gas industry.
NYSE Owner, OKX to Launch Perpetual Futures Tied to Oil
Intercontinental Exchange Inc is working with OKX to launch oil futures contracts that never expire.
Federal Permian lease sale tops $4 billion in record-setting auction
A federal oil and gas lease sale covering Permian basin acreage in Texas and New Mexico generated more than $4
Ukraine Says It Targeted Yaroslavl Oil Refinery Again
Ukrainian forces used long-range drones against Russia’s oil-processing and export facilities, in particular the Yaroslavl refinery on Thursday night, Zelenskyy
Oil Swings on Iran Peace Hopes
Energy markets remain volatile as Iran negotiations and supply risks continue.
U.S. oil rig count posts largest weekly gain since 2022
The U.S. oil rig count posted its largest weekly increase since 2022 as rising crude prices tied to Middle East
Noble appoints Halliburton CEO Jeff Miller to board
Noble Corporation has appointed Halliburton Chairman, President and CEO Jeff Miller to its board of directors, adding additional oilfield services
AEC targets South American partnership opportunities across African energy markets
The African Energy Chamber is promoting new upstream investment opportunities across Africa to South American operators, highlighting LNG expansion, shale
Subsea7 wins Goliat gas export contract offshore Norway
Subsea7 has secured a substantial offshore Norway contract from Vår Eneri for the Goliat Gas Export Project in the Barents
TotalEnergies launches 2026 employee share offering
TotalEnergies has launched its 2026 employee share offering program, allowing employees and former employees to purchase discounted shares as part
USA Crude Oil Stocks Drop Almost 8MM Barrels WoW
Crude oil stocks, not including the SPR, stood at 445.0 million barrels on May 15, according to the EIA’s latest
B27 Intelligence, Energy M&A, Industry Reports
Unity lands North Sea decommissioning, well intervention contracts
Unity has secured new North Sea well decommissioning and well intervention contracts as the Aberdeen-based company expands its offshore well
UK to Close Oil Tax Loophole
Chancellor of the Exchequer Rachel Reeves said the UK is closing a tax loophole on oil and gas companies.
B27 Intelligence, Energy M&A, Operator Watch, Permian Deal Monitor
The regional differences in gasoline prices this Memorial Day
Against the backdrop of a nationwide increase in gasoline prices, regional dynamics including local supply and demand conditions, state fuel
ExxonMobil, QatarEnergy Eye Egypt Facilities for Potential Cyprus Gas
Exxon Mobil and QatarEnergy signed an MoU with Egypt to assess the potential of developing natural gas discoveries in Cyprus
EIR Says Qatari LNG Outage Will Shift Gas Market to Deficit
Enverus Intelligence Research outlined that the Qatari LNG outage will shift the global gas market into a structural deficit.
Oil-rich Alberta to hold a vote on whether to separate from Canada
The move for a referendum comes after months of campaigning from a group of separatists.
Oil Exerts Influence Well Beyond Energy Market
Oil continues to exert an influence well beyond the energy market itself, Ole Hansen, Saxo Bank’s Head of Commodity Strategy,
Ithaca Completes Acquisition in Shell Discovery, Farms Down Fotla
The UK producer completed the purchase of a 50 percent stake in two Shell licenses in the West of Shetland
Equinor, Aker BP Agree Stakes Swap in North Sea, Barents Sea
‘The parties will seek alignment on key areas of joint interest on the Norwegian continental shelf, with the aim of