UK to Close Oil Tax Loophole
Chancellor of the Exchequer Rachel Reeves said the UK is closing a tax loophole on oil and gas companies.
B27 Intelligence
Energy intelligence and title insights from B27 Intelligence.
Agiba makes largest Western Desert discovery in 15 years
Agiba Petroleum Company, a joint venture between the Egyptian General Petroleum Corporation (EGPC) and Eni, recorded its largest oil and
Saipem, Petrobras sign decommissioning MOU for Brazil offshore
Saipem and Petrobras signed a memorandum of understanding to evaluate and potentially develop integrated solutions for decommissioning activities across Brazil’s
Archer acquires isol8 to expand subsea and rigless P&A capabilities
Archer signed a share purchase agreement to acquire isol8, a well technology company specializing in alloy-based barrier solutions and advanced
B27 Intelligence, Energy M&A, Operator Watch, Permian Deal Monitor
The regional differences in gasoline prices this Memorial Day
Against the backdrop of a nationwide increase in gasoline prices, regional dynamics including local supply and demand conditions, state fuel
Weatherford awarded deepwater integrated completions contract offshore Nigeria
Weatherford was awarded a deepwater integrated completions contract by Esso Exploration & Production Nigeria (EEPNL), an ExxonMobil affiliate, for offshore
Well-Safe Solutions wins first well operatorship contract in UK North Sea
Well-Safe Solutions was awarded its first well operatorship contract in the UK North Sea, with the company taking full operations
ExxonMobil, QatarEnergy Eye Egypt Facilities for Potential Cyprus Gas
Exxon Mobil and QatarEnergy signed an MoU with Egypt to assess the potential of developing natural gas discoveries in Cyprus
EIR Says Qatari LNG Outage Will Shift Gas Market to Deficit
Enverus Intelligence Research outlined that the Qatari LNG outage will shift the global gas market into a structural deficit.
Oil-rich Alberta to hold a vote on whether to separate from Canada
The move for a referendum comes after months of campaigning from a group of separatists.
Oil Exerts Influence Well Beyond Energy Market
Oil continues to exert an influence well beyond the energy market itself, Ole Hansen, Saxo Bank’s Head of Commodity Strategy,
Ithaca Completes Acquisition in Shell Discovery, Farms Down Fotla
The UK producer completed the purchase of a 50 percent stake in two Shell licenses in the West of Shetland
Equinor, Aker BP Agree Stakes Swap in North Sea, Barents Sea
‘The parties will seek alignment on key areas of joint interest on the Norwegian continental shelf, with the aim of
First Oil Tanker to Exit Hormuz since War Expected in Japan
Japan – one of Asia’s biggest importers of energy from the Middle East – flagged the impending arrival of the
Oil resumes rally as Iran reportedly wants to keep enriched uranium within the country
The International Energy Agency warned that as travel demand grows during the summer season, oil markets could enter a “red
Weatherford wins deepwater completions contract offshore Nigeria
Weatherford has secured a deepwater integrated completions contract from ExxonMobil affiliate Esso Exploration & Production Nigeria to support offshore Nigeria
IPAA backs bill targeting methane rules for marginal wells
IPAA is backing new legislation from Senator Cynthia Lummis and Congressman August Pfluger aimed at easing methane emissions requirements for
Conoco Says Venezuela Bid to Woo Oil Firms Falls Short
The head of ConocoPhillips said Venezuela’s initial steps to attract foreign oil companies that could help revive the nation’s production
Crude Closes Down for Third Day
Crude settled lower amid hopes for a Strait of Hormuz reopening.
Equinor and Aker BP strike NCS asset deal to boost offshore development
Equinor and Aker BP have agreed to align portions of their Norwegian Continental Shelf portfolios through a series of offshore