EIA Sees Oil Glut Tightening in Wake of Iran War
According to its March STEO, the EIA sees world petroleum and other liquid fuels production outweighing consumption by 1.87 million […]
B27 Intelligence
Energy intelligence and title insights from B27 Intelligence.
ADNOC CEO calls Hormuz disruption “economic terrorism” threatening global energy supply
At CERAWeek, ADNOC CEO Sultan Al Jaber warned that disrupting the Strait of Hormuz amounts to “economic terrorism,” as attacks
B27 Intelligence, Energy M&A, Industry Reports
AI anomaly detection gains traction offshore as Aker BP deploys Cognite–NVIDIA solution
Cognite and NVIDIA are deploying NV-Tesseract AI models with Aker BP to enhance anomaly detection and predictive maintenance across offshore
Saipem’s FlatFish drone cleared for offshore deployment after Petrobras testing
Saipem’s autonomous underwater inspection drone FlatFish completed a key testing phase under its contract with Petrobras, clearing the way for
Aker BP, Armada to deploy offshore data center to support real-time drilling operations
Aker BP entered into an agreement with Armada to deploy a modular data center on an offshore drilling rig on
Vallourec secures CCS contract with BP Berau in Indonesia
Vallourec signed a contract with BP Berau to supply premium Corrosion Resistant Alloy (CRA) pipes and VAM connections for the
2026 IADC/SPE International Drilling Conference, 17-19 March 2026, Galveston, Texas
Returning to Galveston, Texas for its 2026 edition, the IADC/SPE International Drilling Conference and Exhibition was developed by the industry
B27 Intelligence, Energy M&A, Industry Reports
McDermott vessels earn ISO 50001 certification for offshore energy efficiency
McDermott has achieved ISO 50001 certification for three flagship vessels, marking a step forward in offshore energy efficiency and fleet
Aker BP, Armada to deploy offshore modular data center for AI-driven drilling operations
Aker BP and Armada will deploy a modular offshore data center on the Norwegian Continental Shelf, enabling real-time AI-driven drilling
Oil prices plunge on Trump Iran talks as Hormuz disruption roils markets
Oil prices plunged after President Trump signaled potential talks with Iran, though disruptions in the Strait of Hormuz continue to
Aramco CEO withdraws from CERAWeek amid Hormuz-driven supply disruptions
Aramco’s CEO has pulled out of CERAWeek as the Middle East conflict intensifies, highlighting the growing strain on oil supply,
B27 Intelligence, Energy M&A, Operator Watch, Permian Deal Monitor
More U.S. homes used LEDs over other bulb types for indoor lighting in 2024
Although homes can have a mix of bulbs for indoor lighting, 90% of U.S. households reported using light-emitting diode (LED)
AEP, SoftBank Ink Deal with US DOE for 10 GW Data Center Power
The mostly gas generation capacity will serve a 10-GW data center planned to rise at the site of a former
Trump Reports ‘Productive Conversations’ with Iran
‘I have instructed the Department of War to postpone any and all military strikes against Iranian power plants and energy
QatarEnergy Missile Strikes May Cause $100B Revenue Loss
QatarEnergy said it expects the damage to its Ras Laffan Industrial City caused by missile strikes to cost about $20
Iberdrola Reaches Over 11 GW of Installed Capacity in US
‘Avangrid’s growing portfolio is helping to meet a surge in energy demand across the country brought on by the proliferation
Maha to Acquire Stake in Venezuela’s PetroUrdaneta
Maha made the decision following the U.S. Treasury’s issuance of a ‘general license’ for certain transactions involving Petroleos de Venezuela.
The Oil Prices You See Do Not Tell Market’s Real Story
There’s an ever-growing gap between the price of oil futures and supplies that determine costs for consumers in the real
More than 40 Middle East energy assets ‘severely damaged,’ IEA chief says
The IEA’s Fatih Birol warned that damage to energy infrastructure across the Middle East would take some time to repair.
Fire Hits Oil Production at Major Libyan Field
The National Oil Corp said a leak-induced blaze that hit the Sharara crude pipeline had cut about half of production