UK ‘not supporting’ U.S. Iran blockade as France’s Macron confirms ‘multinational’ talks on the Strait of Hormuz
President Donald Trump had signaled that other countries would help the U.S. in its blockade.
Industry research, market reports, trend analysis, and intelligence relevant to Permian Basin and energy markets.
President Donald Trump had signaled that other countries would help the U.S. in its blockade.
The U.S. naval blockade of the Strait of Hormuz threatens to halt more tanker traffic, sending oil surging and risks
Investors appear to have already priced in much of the geopolitical risks and are growing less reactive to headlines.
Oil giant BP is bracing for a possible shareholder revolt at its upcoming annual general meeting.
President Donald Trump said he ordered the U.S. Navy to find and interdict any ship in international waters that has
Türkiye has launched its first overseas offshore drilling campaign, deploying the Çağrı Bey drillship to drill the Curad-1 ultra-deepwater well
TotalEnergies is advancing a major Africa project pipeline, including Congo oil developments, Mozambique LNG restart and Namibia exploration, positioning for
INNIO and Rehlko have signed a 1.25-GW gas engine supply agreement to support growing demand from data centers and flexible
The U.S. Department of Energy has loaned 8.5 million barrels of crude from the Strategic Petroleum Reserve in a second
President Trump said the U.S. will move to blockade the Strait of Hormuz after failed Iran talks, raising major risks
Ovintiv has closed the $3 billion sale of its Anadarko basin assets in Oklahoma, with proceeds expected to reach $2.85
Pakistan confirmed the arrival of Iran’s parliament speaker and foreign minister ahead of talks with a U.S. delegation led by
Saudi Arabia said attacks on key oil and gas infrastructure, including the East-West pipeline, disrupted production and exports, cutting output
A processing unit at the Aramco-TotalEnergies SATORP refinery has been shut down following damage linked to the Middle East conflict.
Subsea7 received a contract from Petrobras, following a competitive tender, for the development of the Sépia 2 field in the
Libya’s National Oil Corporation (NOC) announced three separate hydrocarbon discoveries on 8 April 2026, made in partnership with Repsol, Sonatrach
Dragon Oil, in partnership with the Gulf of Suez Petroleum Company (GUPCO) and the Egyptian General Petroleum Corporation (EGPC), announced
Ventura Offshore extended the current contract for its DS Carolina drillship by 135 days, keeping the sixth-generation ultra-deepwater vessel working
Ovintiv has closed the $3 billion sale of its Anadarko Basin assets in Oklahoma, with proceeds expected to reach $2.85
Energy analysts warn that the Iran ceasefire is not likely to alleviate acute signs of stress in the physical oil