Iran Oil Revenue Soars
Iran has likely earned hundreds of millions of dollars of extra income from oil sales since the start of the […]
Energy M&A
Energy mergers, acquisitions, divestitures, and asset transactions impacting the oil and gas industry.
Oil Climbs as Hormuz Disruption Deepens
Oil surged as uncertainty over Iran talks and Strait of Hormuz disruptions intensified supply concerns.
Petrobras confirms oil discovery in mature Campos basin pre-salt play
Petrobras has confirmed a new pre-salt oil discovery in the Campos basin offshore Brazil, identifying high-quality hydrocarbons at the Marlim
Black Sea tanker carrying Russian oil damaged in suspected sea drone attack
A Turkish-operated tanker carrying roughly 1 MMbbl of Russian crude was damaged in a suspected sea-drone attack in the Black
B27 Intelligence, Energy M&A, Industry Reports
Serica completes TotalEnergies asset deal, establishes West of Shetland gas hub
Serica Energy has completed its acquisition of a 40% operated interest in TotalEnergies’ Greater Laggan Area assets, establishing a new
Iran boosts oil revenue as sole exporter via Strait of Hormuz
Iran is maintaining crude exports near 1.6 MMbpd and capturing stronger prices as disruptions in the Strait of Hormuz sideline
Trump says Iran let 10 oil ships through Strait of Hormuz as ‘present’ to U.S.
Trump said the U.S has “very substantial talks going on with respect to Iran,” though Tehran has denied direct talks
New Zealand Receives Application for Canterbury Hydrocarbon Prospecting
The application follows the removal of the petroleum exploration ban late 2025, after which two exploration permit applications have progressed
ReconAfrica begins production testing at Kavango West discovery in Namibia
ReconAfrica has commenced production testing at its Kavango West 1X discovery in Namibia, targeting multiple hydrocarbon zones as it advances
Vantage Drilling reports 2025 profit as offshore activity strengthens
Vantage Drilling’s return to profitability in 2025 reflects strengthening offshore fundamentals, with a previously awarded drillship contract adding to backlog
CNOOC boosts output, reserves as profits remain resilient in 2025
CNOOC reported record oil and gas production and reserves in 2025, supported by new discoveries, project startups and continued upstream
Petrobras confirms oil discovery in mature Campos basin pre-salt play
Petrobras has confirmed a new pre-salt oil discovery in the Campos Basin offshore Brazil, identifying high-quality hydrocarbons at the Marlim
Tenaris acquires AllTorque oilfield division to expand tubular running technology
Tenaris has acquired AllTorque’s oilfield division to expand its tubular running technology and rig floor services, enhancing well integrity, operational
E&Ps Flag Iran War in Latest Dallas Fed Energy Survey
The Iran war was highlighted by several exploration and production companies in the ‘comments’ section of the first quarter 2026
Petrofac Says UK Tax Authorities Won’t Appeal Ruling in Creditor Deal
Petrofac said it had received confirmation from HM Revenue and Customs that the UK tax agency will not appeal a
Ukraine Says It Attacked Russia’s Kirishi Refinery
Ukraine said it hit a key Russian export-oriented oil refinery in the Leningrad region overnight.
How investors could benefit from Costco building its first standalone gas station
The added convenience and visible gas savings could “attract new members” to Costco and retain the ones it has, Jim
B27 Intelligence, Energy M&A, Operator Watch, Permian Deal Monitor
Middle East crude oil tanker rates reached a multi-decade high in March
In March 2026, tanker rates for Very Large Crude Carriers (VLCCs) leaving the Middle East to Asia were the highest
Interior’s Burgum sees U.S. energy agenda proceeding as planned
At CERAWeek, Interior Secretary Doug Burgum reinforced the Trump administration’s “energy dominance” agenda, emphasizing faster permitting, expanded domestic production and
What Does the Oil Futures Curve Show?
Rigzone talks to several analysts.