Energy mergers, acquisitions, divestitures, and asset transactions impacting the oil and gas industry.
Danos reported its lowest Total Recordable Incident Rate (TRIR) on record in 2025, achieving 0.07 across more than 11.5 million work hours, reflecting strong safety performance across its oilfield services operations.
Read MessageTrendsetter Vulcan Offshore has deployed a tethered BOP system in the U.S. Gulf to reduce wellhead fatigue in soft seabed conditions, supporting safe deepwater operations and improving stability during critical completion activities.
Read MessageThe UK and allied nations are urging Iran to halt attacks on energy infrastructure and restore shipping through the Strait of Hormuz, as disruptions threaten global oil and gas supply chains and intensify pressure on energy markets.
Read MessageVietnam has approved the field development plan for Jadestone Energy’s Nam Du–U Minh offshore gas project, enabling reserve booking and advancing plans for a new gas production hub to support domestic energy supply and future development.
Read MessageEni has bumped up the upper range of its shareholder distributions from 35-40 percent of cash flow from operations to 35-45 percent as part of its updated plan (2026-30).
Read MessageThe EIA noted in its latest STEO that 'higher crude oil prices lead to more U.S. crude oil production' in its forecast.
Read MessageBenchmark oil prices are soaring as war in the Middle East disrupts crude flows, but the advance is also sparking the biggest discount for U.S. crude in more than a decade.
Read MessageOil and gas prices surged after strikes hit key Gulf energy infrastructure, including Qatar’s Ras Laffan LNG complex and refineries in Saudi Arabia, Kuwait and the UAE, raising concerns over prolonged supply disruptions and tighter global markets.
Read Message'A project is ongoing to further mature operating model and organizational structure'.
Read Message'Strikes on key energy infrastructure in the Middle East exacerbated fears of a global supply crunch', said Art Hogan, Chief Market Strategist at B. Riley Wealth.
Read MessageThe Australian LNG-focused producer picked from within its ranks to replace Meg O'Neill, whom BP named CEO last December.
Read Message'Conflict in the Middle East highlights again the UK's growing challenge of where and how it gets its energy', OEUK CEO David Whitehouse said.
Read MessageBP has raised its target for 'structural cost reductions' by 2027 to $6.5-7.5 billion following a deal to divest its refinery and associated assets in Gelsenkirchen, Germany to Klesch.
Read MessageThe U.S. president sought to stop attacks on energy facilities in the Middle East after Israel and Iran struck key targets, fueling concern that a prolonged war will cause lasting damage to oil and gas infrastructure.
Read MessageOil prices jumped as markets react to escalating tensions after Qatar said Iranian missile strikes damaged a key liquefied natural gas export facility.
Read MessageIran and Israel have exchanged strikes on major energy infrastructure, including Qatar’s Ras Laffan LNG hub and Iran’s South Pars field, raising global oil and gas supply risks as Brent crude approaches $110 and Hormuz disruptions persist.
Read MessageCrude settles higher as attacks on key energy sites elevate supply concerns, widening Brent's premium and lifting gasoline sharply.
Read MessagePetrobras has confirmed a new deepwater gas discovery at the Copoazu-1 well in Colombia’s offshore GUA-OFF-0 Block, expanding the region’s gas potential and supporting long-term energy supply through continued exploration activity.
Read MessagePetrodec has completed a major decommissioning project in the UK Southern North Sea using its OBANA heavy-lift jack-up vessel, removing multiple platform jackets and topsides from the Amethyst and Galahad gas fields.
Read MessagePresident Donald Trump temporarily waived a century-old shipping mandate to lower the cost of transporting oil, gas and other commodities around the United States.
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