Transocean Equinox to drill Juliet, Annie wells for Amplitude Energy after Otway Basin deal
Amplitude Energy has agreed to acquire a 50% interest in the VIC/L35 production license in the offshore Otway Basin from […]
B27 Intelligence
Energy intelligence and title insights from B27 Intelligence.
Investors ‘afraid’ to take position on oil, data chiefs say as tankers face potential Hormuz fees
Oil markets fear Iran may impose fees on ships crossing the Strait of Hormuz as part of any peace deal
Eni, BlackRock CCUS JV Raises $582MM
The carbon capture, utilization and storage joint venture of Eni and BlackRock’s GIP has secured EUR 500 million in financing
BP shares plummet 9% after ousting chairman Albert Manifold, citing ‘oversight and conduct’ issues
The board of British energy major BP on Tuesday announced it had unanimously decided to remove Chairman Albert Manifold with
TIPRO Says Texas Upstream Employment Rose in April
Texas upstream employment increased in April, the Texas Independent Producers and Royalty Owners Association (TIPRO) said.
Santos Says Moomba CCS Delivering Emissions Reduction at Scale
The Moomba Carbon Capture and Storage project onshore South Australia permanently sequestered 2 million metric tons of carbon dioxide equivalent
Analysts See Oil Being Pulled in 2 Directions
Naeem Aslam, CIO at Zaye Capital Markets (ZCM), outlined that ZCM sees oil being pulled in two directions.
Germany Gets European Commission Approval for $1.5B Green Hydrogen Aid
‘The approved scheme will support construction of up to 1,000 MW of installed electrolyzer capacity, and the production of up
Norway Gas Output Falls for 4th Consecutive Month
Norway produced about 12 billion cubic feet a day of natural gas in April, down month-on-month and year-on-year, according to
Trump Issues Upbeat Signal on Iran Talks
The U.S. president said negotiations with Iran over an interim deal to extend their ceasefire and reopen the Strait of
Oil prices mixed as U.S. military strikes against Iran cloud Middle East peace prospects
Donald Trump also said negotiations with Iran were “proceeding nicely,” but cautioned that the U.S. could resume military action if
Alaska Oil Revival Sparks New Energy Rush Into Arctic
Alaska has seen a resurgence of oil industry interest.
Eni approves FPSO-backed Baleine Phase 3 development
Eni and its partners have approved the Baleine Phase 3 offshore development in Côte d’Ivoire, a project expected to raise
B27 Intelligence, Energy M&A, Industry Reports
Nova Scotia expands industry call for onshore gas research program
Dalhousie University has launched a second industry participation round for Nova Scotia’s subsurface energy research program as the province continues
Legacy offshore fields drive Congo production growth
Ammat Global Resources is increasing production from Congo’s mature Loango and Zatchi offshore fields through workovers, subsea upgrades and brownfield
B27 Intelligence, Energy M&A, Industry Reports
Condor tops 15,000 boed at Uzbekistan gas project
Condor Energies has exceeded 15,000 boed of production at its Uzbekistan gas project following the startup of the K-47 horizontal
Oil slides as U.S., Iran advance Hormuz negotiations
Oil prices fell sharply as U.S. and Iranian officials signaled progress toward a potential agreement to reopen the Strait of
Canada presses oil sands producers on Pathways carbon capture project
Canada’s energy minister said oil sands producers can absorb the costs of the proposed Pathways carbon capture project, even as
North America Adds 21 Rigs Week on Week
North America added 21 rigs week on week, according to Baker Hughes’ latest North America rotary rig count.
India Raises Diesel, Gasoline Prices for 4th Time in May
India’s state-run fuel retailers raised gasoline and diesel prices for the fourth time in 10 days in response to disruptions