China LNG Imports Signal Recovery
The 30-day moving average for LNG imports has increased to the highest level since late February, according to ship-tracking data […]
Permian Deal Monitor
Permian Basin deals, acquisitions, drilling programs, and operator activity.
Oil Jumps as Hormuz Crisis Deepens
Oil prices climbed as fears grew that the Iran ceasefire could collapse and keep the Strait of Hormuz disrupted.
China Confirms Xi-Trump Summit
Trump, who last visited China in 2017, will meet Xi Jinping in a much-anticipated summit that’s already been rescheduled once
North America Adds Rigs Again
North America added two rigs week on week, according to Baker Hughes’ latest North America rotary rig count.
B27 Intelligence, Energy M&A, Operator Watch, Permian Deal Monitor
The United States set record energy production in 2025, again
Total energy production in the United States increased to a new record of 107 quadrillion British thermal units (quads) in
Enbridge Beats Profit Estimates
Higher earnings from gas operations partially offset a decline in liquids pipelines.
India State Refiners Eye Modest Fuel Price Hike
Indian state refiners are expecting a modest increase in retail fuel prices within days.
Perenco Raises Oil Production Capacity in Congo-Brazzaville
‘Following the positive results from the Tchibouela East campaign, Perenco Congo has now started a new five-well drilling campaign on
Texas Oil Regulator Praises Record Port Activity, Rising Output
‘The conflict in Iran is a clear reminder of the world’s reliance on Texas oil and gas’, RRC Commissioner Wayne
Iberdrola to Invest $10B in Brazil through 2030
‘The new plan almost doubles the 27.5 billion reais invested over the last five-year period (2021-2025) and ushers in a
Oil Traders Adding Back Supply Risk Premium
Traders are adding back a supply risk premium after U.S. President Donald Trump rejected Iran’s peace response, Naeem Aslam, CIO
Ship Signals Erratic as Hormuz Tensions Escalate
Geolocation data for some ships in the Persian Gulf showed locations and speeds that defied logic, pointing to an increase
Aramco Raises Profit as Production Remains Stable despite Crisis
Aramco reported $33.59 billion in net income adjusted for nonrecurring items for the first quarter, up from the prior three-month
Equinor Starts Gas Production at Eirin in Norwegian North Sea
The field supports Norway’s capacity to export natural gas to Europe.
IEA Head Calls on Canada to Move Faster on Energy
The head of the International Energy Agency is urging Canada to move more quickly to develop and export its energy
Ukraine Says It Hit 2 Major Refineries in Russia
Ukraine said it struck two major fuel-producing facilities and an oil pumping station in Russia.
Crude Settles Higher on Gulf Clashes
Markets remained volatile amid fresh Gulf clashes and uncertainty over Iran’s response to a US peace proposal.
US Gives Iran Deadline on Peace Proposal
Iran has still given no indication whether it will accept Trump’s plan.
Devon, Coterra Complete $58B Merger
Devon Energy Corporation and Coterra Energy Inc have completed their merger, a statement posted on Devon’s website announced.
NY City Official Rallies Investors to Block ExxonMobil Move to Texas
The New York City comptroller, on behalf of a city pension fund investing in ExxonMobil, warned that the company has