Oil Surges Above $110 on Iran Escalation
Oil prices surged above $110 as escalating US-Iran tensions raised fears of prolonged disruptions through the Strait of Hormuz.
Energy M&A
Energy mergers, acquisitions, divestitures, and asset transactions impacting the oil and gas industry.
USA Crude Oil Stocks Rise More Than 5MM Barrels WoW
Crude oil stocks, not including the SPR, stood at 461.6 million barrels on March 27, according to the EIA’s latest
New bp CEO promises ‘clear direction’ as upstream reset looms
bp’s new CEO steps in under pressure to simplify operations, cut costs and refocus on upstream oil and gas assets
Constellation locks in $1.1 billion Brazil deepwater rig extensions with Petrobras
Constellation extends key offshore drilling contracts with Petrobras, adding $1.1 billion in backlog and securing long-term utilization for deepwater rigs
Transocean lands $1 billion in Brazil, Norway offshore rig contracts
Transocean adds $1 billion in backlog through Brazil deepwater drillship extensions and a Norway semisubmersible contract, while accelerating debt reduction.
Amazon weighs a deal to boost its satellite internet ambitions. Why it’s worthy pursuit
The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET.
INEOS’ Ratcliffe backs UK carbon tax cuts, calls for more drilling
INEOS Chairman Jim Ratcliffe supports proposed UK carbon tax cuts, warning of industrial decline and calling for increased domestic oil
Iran and Oman drafting protocol to ‘monitor’ Hormuz Strait traffic: IRNA
The Strait of Hormuz, the vital artery for global oil transit, has been effectively closed since the U.S.-Israel war on
Oil Surges on Fears of Prolonged War
U.S. President Donald Trump is coming under increasing international pressure after he pledged in a primetime speech to continue the
Oil Surges on Fears of Prolonged War
U.S. President Donald Trump is coming under increasing international pressure after he pledged to continue the war on Iran, sparking
Baker Hughes, Naftogaz to Explore Energy Cooperation
‘The memorandum facilitates joint work on the assessment and preparation of potential projects in exploration and production, oil and gas
B27 Intelligence, Energy M&A, Operator Watch, Permian Deal Monitor
Rooftop solar photovoltaic systems account for 20% of Puerto Rico’s capacity mix
Rooftop solar generating capacity in Puerto Rico totaled 1,456 megawatts (MW) at the end of 2025, 20% of the overall
Eni Secures EIB Funding for New Italian Biorefinery
This is Eni’s second biorefining project to be bankrolled by the EIB.
StanChart Warns OPEC+ Could Abandon Cuts at Next Meeting
Standard Chartered Bank Energy Research Head Emily Ashford warned that the next OPEC+ meeting on April 5 ‘could result in
Trump’s Iran timeline may not be short enough to avoid oil demand destruction
Oil prices surged by more than 60% in March as the U.S.-Iran war raged on.
Iberdrola Kicks Off $16B Scottish Grid Upgrade
ScottishPower, Iberdrola’s UK arm, said it had ‘kick-started’ a five-year, GBP 12 billion ($15.84 billion) overhaul of the electricity grid
Oil Is in the Middle of a Geopolitical Knife Fight
Oil is right in the middle of a geopolitical knife fight, and the market is feeling every jab, Naeem Aslam,
Trump Threatens to Escalate War, Says End Is Very Close
President Donald Trump said the war in Iran is ‘very close’ to completion, even as he said the U.S. plans
Missile Hits Oil Tanker Leased to QatarEnergy
‘None of the crew members on board were injured, and there is no impact on the environment as a result
UAE Seeks UN Stamp on Measures Including Force to Open Hormuz
The UAE urged the UN to authorize a range of measures, including force, to reopen the Strait of Hormuz as