Brazil, Mexico weigh Petrobras–Pemex tie-up for offshore oil exploration
Brazil President Luiz Inácio Lula da Silva said Petrobras and Pemex could partner on deepwater oil exploration in the Gulf […]
Industry Reports
Industry research, market reports, trend analysis, and intelligence relevant to Permian Basin and energy markets.
Trump: ‘I don’t want to do a ceasefire’ in Iran war
President Donald Trump said the U.S. was ‘obliterating’ Iran in the conflict.
B27 Intelligence, Energy M&A, Industry Reports
Equatorial Guinea unveils reprocessed offshore seismic data to boost exploration
A new high-resolution offshore seismic dataset covering 7,300+ km in Equatorial Guinea has been released, leveraging advanced PSDM and FWI
DHL boosts North America data center logistics capacity amid AI demand surge
DHL is expanding its North America data center logistics network with 10 new sites and over 7 million sq ft
Arrow prepares horizontal drilling after Mateguafa discovery extends field
Arrow Exploration is preparing further drilling activity in Colombia following results from its Mateguafa 11 (M-11) well, which encountered oil-bearing
Vision Oil & Gas expands into Anadarko basin, adds 434 wells across multiple US plays
Vision Oil and Gas acquired 320 gas wells in the Anadarko basin and 114 oil wells across multiple Permian counties,
CNOOC appoints Huang Yongzhang as Vice Chairman and CEO
CNOOC appointed Huang Yongzhang as Vice Chairman, Executive Director, CEO and President. Mr Huang will also serve as a member
Arcius to drill two Mediterranean gas wells offshore Egypt
Arcius Energy, a joint venture between ADNOC and BP, is preparing to drill two exploratory gas wells offshore Egypt as
Eni lines up 23-well offshore campaign for Indonesia deepwater gas hubs
Eni is preparing a multi-well offshore drilling campaign in Indonesia as part of the development of its deepwater gas hubs
Energean–ExxonMobil–HELLENiQ JV enters second exploration phase offshore Greece
The Energean–ExxonMobil–HELLENiQ joint venture will continue exploration activities in Greece’s offshore Block 2, marking the start of the concession’s second
Global energy leaders split on transition investments, peak oil expectations
A Bain & Company survey of 800+ executives shows energy leaders divided on transition investments and peak oil timing, as
Ras Laffan attacks could reshape global LNG supply as outage timeline extends
Attacks on Qatar’s Ras Laffan hub have removed nearly 20% of global LNG supply, with Wood Mackenzie warning the disruption
North Africa power interconnectors emerge as new energy link to Europe
North Africa’s growing electricity infrastructure and cross-Mediterranean interconnectors are emerging as a new energy link to Europe, complementing LNG and
Work from home, drive slower and don’t use gas cookers: IEA advice on weathering the global energy crisis
The IEA warns of “the largest supply disruption in the history of the global oil market” due to the conflict
U.S. says Cuba is prohibited from taking Russian oil as two tankers head to island
The fuel-starved Caribbean island is facing its biggest test since the collapse of the Soviet Union under a U.S. oil
B27 Intelligence, Energy M&A, Industry Reports
IADC/SPE 2026 Day one: Drilling technology continues a relentless advance
Automation powered by machine learning was a recurring theme on day one of IADC/SPE International Drilling Conference and Exhibition 2026,
Oil falls as U.S. weighs releasing sanctioned Iranian crude to cool prices
U.S. oil prices extended their decline after Treasury Secretary Scott Bessent said Washington may soon lift sanctions on Iranian crude
Op-Ed: American energy faces attacks by European activist courts
A new legal challenge tied to the Dakota Access Pipeline is raising broader concerns across the U.S. energy sector. In
Alaska lease sale draws $163 million in bids from Exxon, ConocoPhillips
Oil companies including ExxonMobil and ConocoPhillips bid $163 million in a record lease sale in Alaska’s National Petroleum Reserve, signaling
Woodside appoints Liz Westcott as CEO, Managing Director
Woodside Energy has appointed Liz Westcott as Chief Executive Officer and Managing Director, following her tenure as acting CEO, as