Trump opposes Russia or China taking Iran’s highly enriched uranium
Trump also said the Strait of Hormuz, the vital oil-shipping route, is “going to be open to everybody.”
Industry Reports
Industry research, market reports, trend analysis, and intelligence relevant to Permian Basin and energy markets.
Trump casts doubt on quick U.S.-Iran deal over Hormuz
President Donald Trump said the U.S. remains dissatisfied with negotiations aimed at ending the conflict with Iran and reopening the
Arrow confirms Icaco discovery, spuds step-out well
Arrow Exploration reported a stacked-pay discovery at the Icaco field on the Tapir Block in Colombia’s Llanos Basin, with the
Trident Energy expands Congo offshore strategy with mature asset focus
Trident Energy is expanding its offshore Congo portfolio through redevelopment of mature oilfields, applying operational strategies previously used to increase
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
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
Spears: Drilling industry no longer cyclic as it adheres to capital discipline
Spending in the onshore drilling market has been low for much of the past decade, as companies have prioritized increasing
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
Tour of Hydril plant demonstrates need for balance of automation and manual work in elastomer manufacturing
Through its Hydril Elastomer Plant in Humble, Texas, HMH utilizes proprietary formulations of various chemical compounds to manufacture the rubber
Oceaneering showcases offshore tools at Open House event
Oceaneering held an open house on 6 May at its High Bay facility in Houston, showcasing technologies such as remotely
Understanding sleep debt can help bolster human performance at the rig
Shift workers, such as drilling rig crews, often suffer from chronic sleep debt, or the cumulative difference between the amount
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
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
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
ABL supports Australia’s largest offshore decommissioning campaign
ABL will support Esso Australia’s Bass Strait offshore decommissioning campaign, a project targeting removal of up to 13 aging offshore
SBM Offshore 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
B27 Intelligence, Energy M&A, Industry Reports
Horizon targets first production from Poland gas project
Horizon Petroleum is preparing to begin operations at its Lachowice gas development in southern Poland, targeting first production and initial
NOG acquires Duvernay shale position in Alberta
Northern Oil and Gas has entered the Canadian upstream sector through the acquisition of a 25% stake in Duvernay light