INA, MOL discuss restarting Syria oil and gas operations with SPC
INA and MOL Group held talks with the Syrian Petroleum Company on restarting oil and gas operations in Syria, including […]
Industry Reports
Industry research, market reports, trend analysis, and intelligence relevant to Permian Basin and energy markets.
Can Africa’s natural gas power the continent’s digital future?
Africa’s vast natural gas reserves are increasingly being viewed as a potential foundation for AI and data center growth, as
Aramco profit jumps 26% y-o-y as exports offset Hormuz disruption
Saudi Aramco reported stronger first-quarter earnings as the company relied on its East-West Pipeline and export infrastructure to help offset
Iran responds to U.S. peace proposal as Strait of Hormuz tensions persist
Iran has submitted a response to the latest U.S. proposal aimed at ending the 10-week conflict that has disrupted global
Saudi Aramco Q1 profit jumps 26% as key pipeline reaches capacity amid Iran war
Aramco says its East-West pipeline has helped to mitigate the energy shock caused by the Iran war.
OTC 2026: Deepwater re-emerges as critical supply engine amid global exploration slowdown
Welligence COO Ivan Cima says deepwater is poised for renewed growth as global exploration spending slumps. Speaking at OTC 2026,
Shell selects Audubon for deepwater brownfield work in U.S. Gulf
Shell has awarded Audubon an exclusive engineering and procurement contract supporting brownfield topside projects across its deepwater U.S. Gulf assets,
Offshore growth and geopolitics dominate OTC 2026 discussions
OTC 2026 wrapped up in Houston after four days of discussions focused on offshore growth, energy security and emerging technologies,
OTC 2026: Venezuela tries to draw IOCs back as IEA calls for more CAPEX
In a keynote presentation at OTC 2026 on Wednesday, May 6, non-resident Fellow of the Baker Institute at Rice University,
Aramco, ADNOC quietly resume limited Hormuz crude exports
Aramco and ADNOC are among the companies continuing limited crude shipments through the Strait of Hormuz despite Iranian threats, shipping
OTC 2026 closes with focus on offshore growth, energy security and digitalization
OTC 2026 wrapped up in Houston after four days of discussions focused on offshore growth, energy security and emerging technologies,
U.S. says it struck two Iran-flagged oil tankers trying to skirt blockade
The shaky U.S. ceasefire with Iran has been repeatedly undermined this week, even as President Donald Trump insists it remains
PetroTal contracts drilling rig for Bretana campaign
PetroTal signed a contract with a third-party drilling contractor ahead of a planned development drilling campaign at its Bretana field
Weatherford awarded MPD contract for Ventura Offshore’s SSV Victoria in Brazil
Weatherford secured a managed pressure drilling contract from Ventura for the semisubmersible SSV Victoria, which is scheduled to operate in
Devon Energy, Coterra Energy complete merger
Devon Energy and Coterra Energy completed their previously announced all-stock merger on 7 May 2026, creating a large-cap shale operator
Odfjell Technology awarded platform drilling contract on Magnus
Odfjell Technology secured a three-year platform drilling contract with EnQuest for operations on the Magnus platform in the UK North
‘Not a Chance Hormuz Opens’: How Wall Street’s new NACHO trade bets on a prolonged oil shock
Traders are embracing the “NACHO” trade, betting Hormuz disruptions and elevated oil prices will persist longer than expected.
Oil resumes rally as U.S.-Iran fire exchange rattles fragile Hormuz ceasefire
Oil prices jumped on Friday after the U.S. and Iran exchanged fire in the Strait of Hormuz, raising fresh fears