Strategists Predict Week on Week USA Crude Stock Drop
Macquarie strategists revealed that they are forecasting that U.S. crude inventories will be down for the week ending May 22.
Permian Deal Monitor
Permian Basin deals, acquisitions, drilling programs, and operator activity.
Hafnia Posts Higher Q1 Profit
‘Looking ahead, the outlook remains highly uncertain and depends largely on the duration of the disruption to traffic through the
B27 Intelligence, Energy M&A, Operator Watch, Permian Deal Monitor
The United States is a major energy exporter and importer, especially for petroleum
Total energy exports from the United States reached a record 31 quadrillion British thermal units (quads) in 2025, 2% more
Republican Hardliner Beats Incumbent Texas Oil Regulator in Runoff Vote
Bo French defeated incumbent Texas Railroad Commissioner Jim Wright in a runoff election for the GOP nomination to sit on
Noble Appoints Halliburton CEO as Director
‘I am delighted to welcome Jeff to Noble’s Board of Directors’, Noble Chairman Charles M. Sledge said.
Petrofac Emirates Sold to Mason-Led Consortium
Petrofac, under administration since 2025, said it had completed the divestment of its core engineering and construction business in the
Digitalization, AI in Upstream Oil, Gas is ‘$500B Opportunity’
Rystad Energy described digitalization and Artificial Intelligence in upstream oil and gas as ‘a $500 billion opportunity’.
Aramco Exits Malaysian Refining, Petrochemical Complex
‘Recent developments in global energy markets have underscored the importance of operational agility for energy infrastructure of strategic national significance’,
Eni, Baleine Partners Approve Phase 3 of Ivorian Project
Phase 3 of Baleine, discovered about 5 years ago off the Atlantic coast of the West African country, will increase
Russia Weighs Fuel Export Limits as Attacks Grow
Oil companies were advised to curb sales of oil products to foreign markets following a meeting with the deputy prime
Brent Jumps on Renewed Iran Clash
Oil rebounded as renewed US-Iran clashes clouded hopes for a Hormuz deal.
A Searing Asian Summer Will Add to Risk of Surging Gas Prices
Summer forecasts are pointing to higher than normal temperatures across Asia, while an El Nino weather pattern could make things
DOI Bags Over $4B from Texas, New Mexico Lease Sale
The U.S. Department of the Interior announced that it generated over $4 billion in total receipts from a Bureau of
B27 Intelligence, Energy M&A, Operator Watch, Permian Deal Monitor
Most planned natural gas pipeline capacity additions in 2026 and 2027 originate in Texas
Developers plan to bring approximately 44.9 billion cubic feet per day (Bcf/d) of new pipeline capacity online in the United
BP Fires Board Chair on Governance Concerns
BP Plc’s board fired Chairman Albert Manifold just months into the job.
BP Fires Chair Over Conduct, Governance
BP Plc fired Chairman Albert Manifold just months into the job.
BP Fires Chair Over Conduct, Governance
BP Plc unexpectedly fired Chairman Albert Manifold just months into the job.
Eni, BlackRock CCUS JV Raises $582MM
The carbon capture, utilization and storage joint venture of Eni and BlackRock’s GIP has secured EUR 500 million in financing
TIPRO Says Texas Upstream Employment Rose in April
Texas upstream employment increased in April, the Texas Independent Producers and Royalty Owners Association (TIPRO) said.
Santos Says Moomba CCS Delivering Emissions Reduction at Scale
The Moomba Carbon Capture and Storage project onshore South Australia permanently sequestered 2 million metric tons of carbon dioxide equivalent