Trump calls Strait of Hormuz the ‘Strait of Trump’
Trump recently floated the possibility that the strait could be controlled jointly by “me and the ayatollah” as part of […]
Energy M&A
Energy mergers, acquisitions, divestitures, and asset transactions impacting the oil and gas industry.
UAE Port Ramps Up Hormuz-Dodging Oil Flows
The United Arab Emirates has been ramping up oil exports from a vital port that lies outside the Strait of
Oil Jumps as War Risks Intensify
Brent and WTI rallied sharply with traders pricing in prolonged conflict and supply risk.
Higher oil prices could revive U.S. shale drilling in 2026, Citi says
Rising oil prices driven by Middle East supply disruptions could prompt U.S. shale producers to increase drilling activity in the
U.S. court overturns $16 billion judgment against Argentina in YPF case
A U.S. appeals court has overturned a $16.1 billion judgment against Argentina tied to the nationalization of oil company YPF,
IKM Testing awarded role on Northern Endurance CO₂ transport and storage project
IKM Testing UK has been awarded a contract to deliver pre-commissioning services for CO₂ pipeline infrastructure on the Northern Endurance
Execs Predict What Price WTI Oil Will Hit in Future
Executives from oil and gas firms have revealed where they expect the WTI crude oil price to be at various
Treasury Sec Says Hormuz Insurance Program to Start Soon
Treasury Secretary Scott Bessent said a U.S. insurance program meant to boost shipping through the Strait of Hormuz will begin
UAE boosts Fujairah oil exports as Hormuz disruption redirects crude flows
The UAE is increasing crude exports from Fujairah as operators restore loading capacity following Iranian drone strikes, using the port
Australia’s Beetaloo basin gains momentum with INPEX–Formentera partnership
INPEX and Formentera have formed a joint venture to accelerate shale gas development in Australia’s Beetaloo basin, targeting domestic supply
Equinor begins drilling Raia gas project in Brazil’s Campos basin
Equinor has launched drilling operations for the Raia project in Brazil’s Campos basin, a major pre-salt gas development expected to
Chariot funds Angola offshore acquisition, secures stake in Block 14 production
Chariot has secured economic exposure to offshore Angola production through a financed acquisition of stakes in Blocks 14 and 14K,
USA Crude Oil Stocks Rise by Almost 7MM Barrels WoW
Crude oil stocks, not including the SPR, stood at 456.2 million barrels on March 20, the EIA’s latest weekly petroleum
Chevron, Libya Agree to Conduct Study in New Offshore Block
‘This partnership is not merely a technical agreement but rather a message of confidence in the Libyan investment environment and
All Middle East Energy Assets at Risk, StanChart Warns
‘The marked escalation in the U.S.-Iran conflict over the past week puts all energy assets and infrastructure in the region
Iberdrola Sells SP Dataserve to Bluewater
‘The sale of this non-core subsidiary forms part of Iberdrola’s active portfolio management strategy, which focuses on strengthening its core
Serica Completes Greater Laggan Acquisition from TotalEnergies
‘The acquisition delivers a new operated hub for Serica in the West of Shetland basin with current net production of
India takes a ‘huge hit’ on tax revenue to keep fuel prices from surging during the Iran war
India takes a huge tax revenue hit as it cuts fuel excise duties to shield consumers from soaring oil prices
India Taxes Fuel Exports
India has announced a series of tax changes including a levy on fuel exports, as the country tries to shield
Oil prices falls as Trump says Iran let 10 tankers through Hormuz as a ‘present’
Oil prices fell after Donald Trump said Iran had allowed 10 oil tankers to pass through the Strait of Hormuz.