U.S., Iran agree to 60-day truce extension pending Trump approval
The U.S. and Iran have reportedly reached a tentative agreement to extend their ceasefire by 60 days and continue negotiations […]
Industry Reports
Industry research, market reports, trend analysis, and intelligence relevant to Permian Basin and energy markets.
Scottish offshore robotics firm targets naval subsea security sector
Aberdeen-based Rovtech Solutions is expanding its offshore energy robotics technology into maritime defense markets through a new partnership focused on
Wayne Christian highlights rising Texas rig count, upstream hiring
Texas oil and gas regulator Wayne Christian today celebrated nation-leading Texas oil production growth, citing new data showing continued strength
Reform UK pushes expanded North Sea drilling in energy talks
Reform UK Deputy Leader Richard Tice promoted expanded North Sea drilling and lower energy costs during a meeting with major
Drone attacks hit Russian shadow fleet tankers in Black Sea
Three oil tankers tied to Russia’s shadow fleet were reportedly targeted by drone attacks during ship-to-ship crude transfer operations in
Report highlights natural gas system resilience during Winter Storm Fern
A new report from Energy Ventures Analysis found the U.S. natural gas system maintained strong reliability during Winter Storm Fern,
EZOps launches AI-powered task automation for oilfield operations
EZOps has launched a new AI-powered task automation feature that allows oilfield workers to generate operational tasks using voice input,
Equinor awards DeepOcean subsea tieback work in Barents Sea
DeepOcean has secured multiple Equinor subsea contracts offshore Norway, including riser replacement work at Visund and subsea tieback installation for
SLB, Vår Energi expand digital field development planning offshore Norway
SLB and Vår Energi are expanding deployment of the Delfi digital platform across offshore Norway operations to accelerate well planning,
IKM Acona wins drilling and wells services framework agreement with Vår Energi
IKM Acona secured a framework agreement with Vår Energi for the delivery of drilling and wells services on the Norwegian
DeepOcean wins Equinor subsea contract package spanning North Sea, Barents Sea fields
DeepOcean secured a subsea contract package from Equinor covering multiple fields on the Norwegian continental shelf, with offshore work scheduled
Horizon Petroleum to begin workover at Poland gas development
Horizon Petroleum finalized a contract for construction of the Lachowice 7 well pad at its Lachowice gas development in southern
Baker Hughes, Equinor extend North Sea drilling and intervention contracts
Baker Hughes secured two multi-year contract extensions with Equinor covering integrated drilling and well services as well as wireline intervention
Oil markets are betting on a swift end to the Iran war. Investors may regret it
Oil markets remain volatile as traders struggle to interpret contradictory signals on prospects for U.S.-Iran peace agreement.
Ousted BP chair Albert Manifold rejects ‘lies’ over his conduct
BP’s board on Tuesday announced the removal of Manifold due to “serious concerns” relating to governance standards, oversight and conduct.
B27 Intelligence, Energy M&A, Industry Reports
Opinion: Three industry friends defeated in Texas primary run-off is very unusual
In a new opinion piece, World Oil Editor-in-Chief Kurt Abraham examines an unusual Texas primary runoff that saw three pro-industry
Inside India newsletter: Iran war disruptions, Modi’s appeal to boost India’s hospitality sector
Indian Prime Minister Narendra Modi’s appeal to curb foreign travel is proving to be a boon to the local travel
African investors target Brazil pre-salt, Argentina LNG growth
African investors and energy companies are increasingly targeting Brazil’s pre-salt developments and Argentina’s LNG infrastructure expansion as part of a
Dallas Fed’s Logan says U.S. shale can’t offset Hormuz disruption
Dallas Fed President Lorie Logan warned that U.S. shale producers may be unable to offset global oil and natural gas
Strohm wins offshore Egypt TCP flowline contract
Strohm has secured its first offshore Egypt contract to supply a thermoplastic composite pipe flowline for the West Delta Deep