TotalEnergies Resumes Syrian Activities with Mediterranean Exploration Deal
The agreement marks TotalEnergies’ resumption of in-the-field activities in the country since the French energy giant ceased production about 15 […]
Energy M&A
Energy mergers, acquisitions, divestitures, and asset transactions impacting the oil and gas industry.
JP Morgan Publishes First Oil Price Forecast in 2 Months
‘From the onset of the [U.S.-Iran] conflict, we deliberately refrained from publishing price targets for two months’, J.P. Morgan analysts
Gas tax holiday as Trump promises? Not so fast, trucking, construction industries say
President Donald Trump and lawmakers are eyeing federal gas tax relief, but opponents argue a pause wouldn’t help consumers and
Iran Conflict Fundamentally Altered Global Energy Landscape
The ongoing conflict in Iran has fundamentally altered the global energy landscape, J.P. Hanson, Managing Director and Global Head of
BP Enters 6 Exploration Blocks in Uzbekistan
The six-block North Ustyurt production sharing contract is BP’s first project in the Central Asian country.
Russia Sees Flat Oil Output This Year amid Ukraine Fightback
Russia expects its oil production to remain flat in 2026 and grow modestly in the coming two years as its
Strait Disruption Lifts Oil Again
Brent and WTI climbed sharply amid fears of prolonged supply disruptions in the Persian Gulf.
Petrobras Misses Estimates
Brazil’s state-controlled oil company Petrobras fell short of earnings estimates as it held domestic gasoline prices stable during the war-driven
B27 Intelligence, Energy M&A, Industry Reports
Energy security to dominate Modi’s UAE talks amid Gulf supply tensions
Indian Prime Minister Narendra Modi’s upcoming visit to the UAE is expected to focus heavily on energy security and stable
EIA launches new oil, LNG chokepoint datasets amid Hormuz crisis
The EIA will begin publishing new quarterly datasets tracking global petroleum reserves and key oil and LNG shipping chokepoints, as
Trump wants gas tax relief. But slim driver savings could strain a key federal fund
President Donald Trump floated a federal gas tax suspension. If enacted, here’s how that could impact consumers.
Trump doesn’t need Congress to restart Iran strikes: Hegseth
The Iran war, now well into its third month, has caused oil prices to soar globally as Iran continues to
Block Energy enters offshore Gabon with Ndjila and Mpari PSC deal
Block Energy is entering the offshore Gabon upstream sector through an investment tied to the Ndjila and Mpari PSCs, adding
MODS renews digital project delivery contract with CB&I Asset Solutions
MODS has renewed its offshore digital project delivery agreement with CB&I Asset Solutions, extending deployment of the MODS Connect software
Ned Marine adds subsea ROV and aerial drone inspections to NDT portfolio
Ned Marine has launched drone and subsea ROV inspection services for offshore and marine assets, expanding its NDT capabilities with
Petralon boosts Nigeria’s Dawes Island production to 4,800 bopd
Petralon Energy has increased production at Nigeria’s Dawes Island field to approximately 4,800 bopd following startup of the DI-3 well,
Iraqi supertanker turns back near U.S. blockade in Strait of Hormuz
An Iraqi oil supertanker reversed course near the U.S. naval blockade line in the Strait of Hormuz as commercial shipping
OEG to support Bass Strait offshore drilling operations through 2036
OEG has secured a multi-million-dollar long-term contract extension to support offshore drilling operations in Australia’s Bass Strait, including the supply,
Angola’s Block 2/05 advances with successful Espadarte appraisal well
Etu Energias and partners successfully completed the Espadarte 7ST2 appraisal well in Angola’s Lower Congo basin, with initial testing delivering
USA Oil, Gas Workforce Hits Lowest Level Since 2022
The number of employees in the oil and gas extraction industry has hit its lowest level since 2022, data on