Iran says Hormuz traffic may resume within weeks of agreement
Iranian state media reported that maritime traffic through the Strait of Hormuz could return to normal within a month of […]
Energy M&A
Energy mergers, acquisitions, divestitures, and asset transactions impacting the oil and gas industry.
Strategists Predict Week on Week USA Crude Stock Drop
Macquarie strategists revealed that they are forecasting that U.S. crude inventories will be down for the week ending May 22.
Hafnia Posts Higher Q1 Profit
‘Looking ahead, the outlook remains highly uncertain and depends largely on the duration of the disruption to traffic through the
B27 Intelligence, Energy M&A, Operator Watch, Permian Deal Monitor
The United States is a major energy exporter and importer, especially for petroleum
Total energy exports from the United States reached a record 31 quadrillion British thermal units (quads) in 2025, 2% more
Republican Hardliner Beats Incumbent Texas Oil Regulator in Runoff Vote
Bo French defeated incumbent Texas Railroad Commissioner Jim Wright in a runoff election for the GOP nomination to sit on
B27 Intelligence, Energy M&A, Industry Reports
Former bp chair disputes ouster after governance allegations
Former bp chairman Albert Manifold said he was removed without warning or explanation after the company cited governance and conduct
U.S. oil falls below $90 on report Iran agreement would restore Hormuz traffic in one month
U.S. crude oil prices fell about 5% Wednesday on a report Iran would restore traffic through the Strait of Hormuz
Energy shock starts to bite in Europe: UK household bills set for ‘deeply unwelcome’ 2-year high
“Ongoing conflict in the Middle East is impacting the price we pay for energy,” the head of the U.K.’s energy
Noble Appoints Halliburton CEO as Director
‘I am delighted to welcome Jeff to Noble’s Board of Directors’, Noble Chairman Charles M. Sledge said.
Petrofac Emirates Sold to Mason-Led Consortium
Petrofac, under administration since 2025, said it had completed the divestment of its core engineering and construction business in the
Digitalization, AI in Upstream Oil, Gas is ‘$500B Opportunity’
Rystad Energy described digitalization and Artificial Intelligence in upstream oil and gas as ‘a $500 billion opportunity’.
Aramco Exits Malaysian Refining, Petrochemical Complex
‘Recent developments in global energy markets have underscored the importance of operational agility for energy infrastructure of strategic national significance’,
BP’s ousted chairman Albert Manifold disputes accusations over his conduct
Former BP Chairman Albert Manifold has pushed back against accusations over his conduct following his shock departure from the British
Eni, Baleine Partners Approve Phase 3 of Ivorian Project
Phase 3 of Baleine, discovered about 5 years ago off the Atlantic coast of the West African country, will increase
Russia Weighs Fuel Export Limits as Attacks Grow
Oil companies were advised to curb sales of oil products to foreign markets following a meeting with the deputy prime
SBM Offshore’s FPSO cooling technology gains ABS approval
SBM Offshore has received an ABS Statement of Maturity for its seawater intake riser technology, a system designed to improve
ExxonMobil, ConocoPhillips negotiate possible Venezuela comeback
ExxonMobil and ConocoPhillips are negotiating potential re-entry into Venezuela’s upstream sector while seeking stronger investment protections, contract stability and mechanisms
Brent Jumps on Renewed Iran Clash
Oil rebounded as renewed US-Iran clashes clouded hopes for a Hormuz deal.
A Searing Asian Summer Will Add to Risk of Surging Gas Prices
Summer forecasts are pointing to higher than normal temperatures across Asia, while an El Nino weather pattern could make things
Crude rebounds as U.S.-Iran clashes threaten Hormuz deal
Oil prices rebounded as renewed military tensions between the U.S. and Iran complicated negotiations aimed at reopening the Strait of