Execs Predict What Price WTI Oil Will Hit in Future
Executives from oil and gas firms have revealed where they expect the WTI crude oil price to be at various […]
B27 Intelligence
Energy intelligence and title insights from B27 Intelligence.
Treasury Sec Says Hormuz Insurance Program to Start Soon
Treasury Secretary Scott Bessent said a U.S. insurance program meant to boost shipping through the Strait of Hormuz will begin
UAE boosts Fujairah oil exports as Hormuz disruption redirects crude flows
The UAE is increasing crude exports from Fujairah as operators restore loading capacity following Iranian drone strikes, using the port
Australia’s Beetaloo basin gains momentum with INPEX–Formentera partnership
INPEX and Formentera have formed a joint venture to accelerate shale gas development in Australia’s Beetaloo basin, targeting domestic supply
Equinor begins drilling Raia gas project in Brazil’s Campos basin
Equinor has launched drilling operations for the Raia project in Brazil’s Campos basin, a major pre-salt gas development expected to
Chariot funds Angola offshore acquisition, secures stake in Block 14 production
Chariot has secured economic exposure to offshore Angola production through a financed acquisition of stakes in Blocks 14 and 14K,
Photo Gallery: IADC Drilling Engineers Committee Q1 Technology Forum, 26 March, Houston, Texas
The IADC Drilling Engineers Committee’s Q1 Technology Forum, “Is Drilling Engineering Evolving? How Is AI Enabling?” was held 26 March
Serica acquires interest in Greater Laggan Area from TotalEnergies
Serica Energy acquired a 40% operated interest in the Greater Laggan Area (GLA) and associated infrastructure from TotalEnergies, along with
ReconAfrica kicks off production testing at Kavango West 1X
Reconnaissance Energy Africa (ReconAfrica) started production testing operations at the Kavango West 1X discovery well in Namibia. Updated petrophysical analysis
USA Crude Oil Stocks Rise by Almost 7MM Barrels WoW
Crude oil stocks, not including the SPR, stood at 456.2 million barrels on March 20, the EIA’s latest weekly petroleum
Chevron, Libya Agree to Conduct Study in New Offshore Block
‘This partnership is not merely a technical agreement but rather a message of confidence in the Libyan investment environment and
All Middle East Energy Assets at Risk, StanChart Warns
‘The marked escalation in the U.S.-Iran conflict over the past week puts all energy assets and infrastructure in the region
Iberdrola Sells SP Dataserve to Bluewater
‘The sale of this non-core subsidiary forms part of Iberdrola’s active portfolio management strategy, which focuses on strengthening its core
Serica Completes Greater Laggan Acquisition from TotalEnergies
‘The acquisition delivers a new operated hub for Serica in the West of Shetland basin with current net production of
India takes a ‘huge hit’ on tax revenue to keep fuel prices from surging during the Iran war
India takes a huge tax revenue hit as it cuts fuel excise duties to shield consumers from soaring oil prices
India Taxes Fuel Exports
India has announced a series of tax changes including a levy on fuel exports, as the country tries to shield
Oil prices falls as Trump says Iran let 10 tankers through Hormuz as a ‘present’
Oil prices fell after Donald Trump said Iran had allowed 10 oil tankers to pass through the Strait of Hormuz.
Iran Oil Revenue Soars
Iran has likely earned hundreds of millions of dollars of extra income from oil sales since the start of the
Oil Climbs as Hormuz Disruption Deepens
Oil surged as uncertainty over Iran talks and Strait of Hormuz disruptions intensified supply concerns.
Petrobras confirms oil discovery in mature Campos basin pre-salt play
Petrobras has confirmed a new pre-salt oil discovery in the Campos basin offshore Brazil, identifying high-quality hydrocarbons at the Marlim