Oil Flows from Saudi Port Steady for Now despite Attack
Saudi Arabia’s oil exports via the Red Sea are holding steady for now, as the impact of a drone attack […]
Energy M&A
Energy mergers, acquisitions, divestitures, and asset transactions impacting the oil and gas industry.
Oil Settles Lower Ahead of Iran Talks
Crude markets remain volatile with supply risks and geopolitical tensions unresolved.
B27 Intelligence, Energy M&A, Operator Watch, Permian Deal Monitor
Increasing fuel efficiency leads to decreasing gasoline consumption
Annual motor gasoline consumption in the United States decreased in 2025 even as vehicle miles traveled (VMT) increased because of
Saudi oil output, exports hit after attacks on energy infrastructure
Saudi Arabia said attacks on key oil and gas infrastructure, including the East-West pipeline, disrupted production and exports, cutting output
Aramco, TotalEnergies assess damage at SATORP refinery after overnight incident
A processing unit at the Aramco-TotalEnergies SATORP refinery has been shut down following damage linked to the Middle East conflict.
Ovintiv completes $3-billion Anadarko asset sale, advances debt reduction
Ovintiv has closed the $3 billion sale of its Anadarko Basin assets in Oklahoma, with proceeds expected to reach $2.85
Lebanon and Hormuz Top of Agenda in Truce Talks
The US and Iran prepared for direct talks in Pakistan with the Strait of Hormuz still effectively shut and Israel
Aphrodite Group Initiates Prelim Deals for Sale of Cypriot Gas to Egypt
The Chevron-led consortium secured commitment from relevant parties to execute a term sheet and a host government agreement to enable
Occidental Discovers Oil Near Existing Infrastructure off Louisiana
‘The discovery has the potential for subsea tie-backs to an adjacent Occidental-operated facility and others in the nearby area’.
Iberdrola Nears Full Takeover of Brazil’s Neoenergia
The Spanish power and gas utility has raised its stake in Neoenergia to 98 percent, under a full takeover bid
Petrofac Completes Business Sale to CBI
CB&I consummated the acquisition of Petrofac’s Asset Solutions business, saving jobs for about 3,000 workers.
Israel, US Signal Deescalation in Lebanon
Netanyahu agreed to hold talks with Lebanon.
Iran, US Prepare for Talks as Israel Presses on in Lebanon
The U.S. and Iran prepared for peace talks in Pakistan with a fragile ceasefire largely holding, though issues such as
Tanker with Russian Flag Transits Hormuz
A Russian-flagged supertanker passed through the Strait of Hormuz into the Persian Gulf, marking a rare passage for one of
What this real-world oil price says about the level of stress in the energy market
Energy analysts warn that the Iran ceasefire is not likely to alleviate acute signs of stress in the physical oil
Oil edges higher as U.S.-Iran ceasefire fails to boost traffic via Strait of Hormuz
U.S. President Donald Trump on Thursday warned Iran to “stop now” if it was charging tankers to transit the Strait
Asia-Pacific markets open mostly higher as a fragile Iran-U.S. ceasefire keeps investors on edge
The West Texas Intermediate was up 0.62% at $98.48 per barrel as of 7:50 p.m. ET. Brent crude ended the session
Petrobras awards Subsea7 ‘supermajor’ contract for Sépia 2 in Brazil’s pre-salt
Subsea7 has secured a SURF contract worth at least $1.25 billion for Petrobras’ Sépia 2 pre-salt development in Brazil’s Santos
ConocoPhillips deploys team to assess Venezuela oil prospects
ConocoPhillips has sent a team to Venezuela to evaluate potential oil and gas opportunities, signaling renewed interest in the country’s
Baker Hughes teams with DTEK to expand Ukraine gas production capacity
DTEK Oil&Gas and Baker Hughes have signed an MOU to increase natural gas production in Ukraine, combining advanced technology and