Vitol executive warns West is ‘asleep at the wheel’ on oil supply crisis
Vitol has warned that Western governments are underestimating the severity of the global oil supply crunch caused by disruptions in […]
B27 Intelligence
Energy intelligence and title insights from B27 Intelligence.
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Venezuela’s Rodríguez visits India as crude trade expands amid Hormuz disruption
Venezuelan Acting President Delcy Rodríguez will meet Indian Prime Minister Narendra Modi as India increases Venezuelan crude imports amid supply
Shell earns MiQ methane certification across U.S. Gulf portfolio
Shell has achieved MiQ methane certification across its entire Gulf of America/Gulf of Mexico production portfolio, with all 10 offshore
Petroleum Hall of Fame opens nominations for 2027 induction class
The Petroleum Hall of Fame has opened nominations for its 2027 induction class, recognizing individuals whose contributions have helped shape
Fluor JV receives notice to begin work on LNG Canada Phase 2
LNG Canada has issued a limited notice to proceed for its proposed Phase 2 expansion in Kitimat, British Columbia, allowing
Carnarvon secures Transocean Equinox for Bedout exploration campaign
Carnarvon Energy contracted the Transocean Equinox semisubmersible drilling rig for a multi-well exploration campaign in the Bedout Sub-basin offshore Western
Dolphin Drilling executes multi-year UKCS contract for Borgland Dolphin
Dolphin Drilling signed a contract for its semisubmersible drilling rig Borgland Dolphin with an undisclosed UK Continental Shelf operator, converting
Serica targets 2027 drilling start as it tenders for rig
Serica Energy is tendering for a rig to carry out a multi-well infill and tieback drilling program across its UK
Eldorado to Acquire Vantage Drilling
Vantage Drilling said it has agreed to a takeover by Eldorado to create a more scalable offshore drilling platform.
Weatherford to acquire NCS Multistage
Weatherford entered into a definitive agreement to acquire NCS Multistage Holdings, expected to close in the second half of 2026.
Falcon Now under Tamboran
The merger consolidates Tamboran’s position in the Beetaloo Basin onshore Australia’s Northern Territory into a leading 2.8 million net prospective
Analysts Tell OPEC+ Hormuz Disruption Will Last Through Year End
Consultants and analysts gathered at OPEC’s Vienna headquarters for a technical meeting on Monday.
North America Adds 28 Rigs Week on Week
North America added 28 rigs week on week, according to Baker Hughes’ latest North America rotary rig count.
BP Starts Production at Caspian Gas Project
‘This marks the first-ever commercial gas production operations on ACG, one of the world’s largest oil-producing fields’.
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California natural gas prices reach historic lows in early 2026
Monthly average natural gas spot prices in California reached record lows in the first five months of 2026, dropping to
JP Morgan Sees Increasing Monthly Oil Demand Losses
‘Globally, we track demand losses of 2.8 million barrels per day in March, 4.3 million barrels per day in April,
Rosneft Sees Increase in Profit on Higher Oil Prices
Despite Rosneft’s stronger showing in the first three months of 2026, CEO Igor Sechin said the company may book impairments
Analyst Flags Conflicting USA-Iran War Statements
‘We hear and read conflicting statements and headlines around the clock regarding negotiations between the United States and Iran to
LNG Deliveries to China Rebound in May
The world’s largest LNG buyer stepped up purchases ahead of peak summer demand, reversing a months-long decline following disruptions to
SBM Offshore, Solstad partner to build new deepwater installation vessel
SBM Offshore and Solstad Offshore have formed a joint venture to build a next-generation deepwater installation and construction vessel, expanding