USA Crude Oil Stocks Drop Almost 1MM Barrels WoW
Crude oil stocks, not including the SPR, stood at 463.8 million barrels on April 10, the EIA’s latest weekly petroleum […]
Permian Deal Monitor
Permian Basin deals, acquisitions, drilling programs, and operator activity.
Bessent Says USA Won’t Renew Iranian, Russian Oil Waivers
Treasury Secretary Scott Bessent reaffirmed that the U.S. would not renew general licenses that allowed for the temporary sale of
Iberdrola to Raise Italian Capacity to 400MW with CCE Acquisition
The Spanish company signed a deal to acquire a recently commissioned 42-MW solar plant in Lazio from Austria-headquartered CCE.
B27 Intelligence, Energy M&A, Operator Watch, Permian Deal Monitor
U.S. natural gas exports to grow nearly 30% by 2027 as LNG facilities ramp up
In our latest Short-Term Energy Outlook (STEO), we forecast that U.S. liquefied natural gas (LNG) exports will continue to increase
TotalEnergies Discovers More Oil offshore Congo Brazzaville
‘The Moho G discovery, together with the discovery previously made on the nearby Moho F structure, represents recoverable resources estimated
Rystad Says Energy Repair Costs from War Could Hit $58B
‘The scope of damage has expanded materially,’ Rystad Energy warned.
Aussie Refinery Reduces Production after Fire
Operator Viva expects the blaze at the Geelong refinery, which has a processing capacity of 120,000 bpd, to mainly reduce
Oil Prices Holding Firm
Oil prices are ‘holding firm’ today ‘as the market digests a sharp pullback from war-driven panic levels’, Naeem Aslam, Chief
Pakistan Army Chief in Tehran to Push Renewed Talks
Pakistan’s army chief landed in Tehran to a warm welcome from officials as he tries to help renew talks between
Oil Stabilizes on Supply, Diplomacy Mix
Oil prices held steady as US inventory draws offset ongoing geopolitical uncertainty in the Middle East.
B27 Intelligence, Energy M&A, Operator Watch, Permian Deal Monitor
What’s in your gasoline? Understanding U.S. motor gasoline formulations
Motor gasoline in the United States is a blend of hydrocarbons and chemicals, with specific formulas varying by region and
Gas Spending Jumps 16 Pct for BofA Customers Amid Iran War
Bank of America Corp. saw its customers’ spending on gas soar 16 percent in March.
Texas Petroleum Theft Task Force Holds Meeting
‘More than 40 percent of oil and gas operators indicated that their operations have been impacted by theft in the
Construction Begins for Transco Gas Pipeline Expansion
Williams broke ground for the Trump-backed Northeast Supply Enhancement project, which will expand the Transco natural gas pipeline system with
Demand for Colombia LNG Shipments Set to Surge
Colombian power plants are preparing to ramp up liquefied natural gas imports ahead of an expected El Nino.
Petrobras, BP Make New Discovery in Campos Basin
‘Petrobras’ operations in block C-M-477, in the Campos Basin, are aligned with the company’s strategy to replenish oil and gas
Equinor to Exit RE Producer Scatec
‘Scatec and Equinor continue to be partners in the Apodi and Mendubim operating solar assets in Brazil’.
EIA Boosts 2026 Brent Oil Price Projection to $96
The U.S. Energy Information Administration increased its 2026 Brent oil price projection in its latest short term energy outlook.
BP Expects ‘Exceptional’ Oil Trading Results for Q1
BP expects the high-price environment to ‘increase the dislocation between marker prices versus actual prices realized by BP in 1Q
Analyst Flags Peace Momentum but Gives Oil Market Warning
SEB Commodities Analyst Ole R. Hvalbye issued an oil market warning.