Oil Trading Higher for Third Consecutive Session
‘Market pessimism once again grows over the prospects of a U.S.-Iran deal that could pave the way for a reopening […]
Energy M&A
Energy mergers, acquisitions, divestitures, and asset transactions impacting the oil and gas industry.
INEOS to Supply LNG to Asia under Marubeni Deal
The agreement with the Japanese trading and investment conglomerate represents INEOS’ first LNG deliveries to the Asia-Pacific region.
Tensions Broil Again as Iran Hits US Mideast Allies
U.S. forces intercepted Iranian ballistic missiles and drones aimed at neighboring Middle East countries and struck a command center in
Tensions Broil Again as Iran Hits US Mideast Allies
Kuwait and Bahrain were caught in the crossfire of one of the most serious flare-ups since a ceasefire went into
Like Indonesia, India’s central bank may hike rates to defend its currency
A falling currency and rising risk of higher inflation could prompt India’s central bank to hike interest rates.
Murphy awards Subsea7 contract for String Music subsea tieback
Subsea7 has been awarded a contract by Murphy Oil to provide engineering, procurement, construction and installation services for the String
Oil climbs as U.S.-Iran trade strikes while Trump says negotiations with Tehran underway
U.S. Central Command said Tuesday that it had defeated multiple Iranian ballistic missiles following “attempted attacks” by Iran.
Princeton Endowment Backs Out of Oil, Gas Divestment Pledge
Princeton University’s endowment is backtracking on its pledge to divest from publicly traded oil and gas companies.
Crude Gains as Peace Deal Doubts Grow
Oil prices rose as doubts emerged over a US-Iran peace agreement.
B27 Intelligence, Energy M&A, Industry Reports
Murphy awards Subsea7 contract for String Music subsea tieback
Subsea7 has been awarded a contract by Murphy Exploration & Production Company to provide engineering, procurement, construction and installation services
Strait of Hormuz traffic remains limited despite peace-deal talks
Despite ongoing U.S.-Iran negotiations, commercial shipping traffic through the Strait of Hormuz remains sparse, highlighting continued uncertainty over when energy
Vitol executive warns West is ‘asleep at the wheel’ on oil supply crisis
Vitol has warned that Western governments are underestimating the severity of the global oil supply crunch caused by disruptions in
B27 Intelligence, Energy M&A, Industry Reports
Venezuela’s Rodríguez visits India as crude trade expands amid Hormuz disruption
Venezuelan Acting President Delcy Rodríguez will meet Indian Prime Minister Narendra Modi as India increases Venezuelan crude imports amid supply
Shell earns MiQ methane certification across U.S. Gulf portfolio
Shell has achieved MiQ methane certification across its entire Gulf of America/Gulf of Mexico production portfolio, with all 10 offshore
Petroleum Hall of Fame opens nominations for 2027 induction class
The Petroleum Hall of Fame has opened nominations for its 2027 induction class, recognizing individuals whose contributions have helped shape
Fluor JV receives notice to begin work on LNG Canada Phase 2
LNG Canada has issued a limited notice to proceed for its proposed Phase 2 expansion in Kitimat, British Columbia, allowing
Eldorado to Acquire Vantage Drilling
Vantage Drilling said it has agreed to a takeover by Eldorado to create a more scalable offshore drilling platform.
Falcon Now under Tamboran
The merger consolidates Tamboran’s position in the Beetaloo Basin onshore Australia’s Northern Territory into a leading 2.8 million net prospective
Analysts Tell OPEC+ Hormuz Disruption Will Last Through Year End
Consultants and analysts gathered at OPEC’s Vienna headquarters for a technical meeting on Monday.
North America Adds 28 Rigs Week on Week
North America added 28 rigs week on week, according to Baker Hughes’ latest North America rotary rig count.