Industry research, market reports, trend analysis, and intelligence relevant to Permian Basin and energy markets.
Kosmos Energy reported a 12% increase in second-quarter production as Ghana's Jubilee field and the Greater Tortue Ahmeyim LNG project drove growth. The company also generated strong free cash flow, reduced debt and advanced its U.S. Gulf portfolio.
Read MessageTight global oil inventories and persistent geopolitical risks are expected to keep crude prices supported through August, according to PVM Oil Associates, despite OPEC+'s latest production increase.
Read MessageEmerson has expanded its DeltaV automation platform with a unified control system designed for AI-scale data centers, leveraging industrial automation technologies to improve reliability, project execution and operational performance.
Read MessagePetrobras has confirmed a new offshore gas discovery at the Sandia-1 exploratory well in Colombia's GUA-OFF-0 Block, reinforcing the region's growing deepwater gas potential alongside the Sirius and Copoazu discoveries.
Read MessageExxonMobil Guyana Limited kept up exploration drilling at the Rockhead-1 well within the Stabroek Block, located about 213 km off the coast of Guyana in the country’s Exclusive Economic Zone. The MODU Stena Carron is handling the drilling operations, which are expected to conclude by 31 August 2026. The well site covers approximately 1 sq...
Read MessagePetrobras reported a new natural gas accumulation at the Sandia-1 exploration well in Block GUA-OFF-0, offshore Colombia. The well sits about 42 km from the coast, in a water depth of 1,251 m, roughly 18 km from the Sirius-1 and Sirius-2 wells and 9 km from the Copoazu-1 discovery well, adding to the growing gas...
Read MessageADNOC took a final investment decision on the Umm Shaif Gas Cap development offshore Abu Dhabi, alongside partners TotalEnergies, Eni and China National Petroleum Corporation. The project targets more than 600 million standard cu ft/day of natural gas and associated gas liquids, with production expected by 2030. As part of the sanctioning, ADNOC Drilling was...
Read MessageOil prices fell on Monday as investors pared geopolitical risk premiums after U.S. President Donald Trump said he had called off a planned strike on Iran.
Read MessageSearcher has relaunched its Searcher Live mobile app, providing real-time seismic survey tracking, vessel movements and exploration intelligence through its SeisIntel platform to support global oil and gas exploration.
Read MessageThe African Energy Chamber has defended Perenco's operations in the Democratic Republic of the Congo, arguing that responsible oil and gas investment is essential for economic development while calling for balanced environmental oversight.
Read MessageRosenxt has acquired Houston-based Zupt to expand its subsea inspection, metrology and offshore engineering capabilities, strengthening its technology portfolio for offshore energy and subsea asset lifecycle services.
Read MessageSaipem has awarded Brand Energy an offshore services contract for a major Black Sea natural gas development, covering access, rigging and maintenance support through the end of 2026.
Read MessageOPEC+ has approved a 188,000-bpd production increase for September, completing its planned output restoration while signaling quotas are likely to remain steady through year-end amid continued Middle East supply uncertainty.
Read MessageOil price volatility caused by U.S.-Iran war created big market winners, but for buy-and-hold investors, there are better long-term energy themes to monitor.
Read MessageThe U.S. president said Iran and its regional neighbors asked the U.S. to hold off any attacks after 'the perimeters of a deal has been agreed to'.
Read MessageThe latest attacks come amid U.S. media reports that U.S. President Donald Trump is preparing a fresh round of strikes against Iran.
Read MessageIran’s power structure complicates efforts to enforce any ceasefire with the U.S., from the Supreme Leader to the Revolutionary Guards.
Read MessageThe finalists are in: Gulf Energy Information has announced the 2026 Excellence Awards finalists, recognizing leading upstream technologies, digital innovations and industry leaders from companies including ADNOC, Aramco, SLB, Halliburton, Expro, Baker Hughes, NOV and more.
Read Messagebp has launched a process to market its UK North Sea upstream business for a potential sale as part of its ongoing portfolio review, including interests in five production hubs spanning the central North Sea and west of Shetland.
Read MessageFollowing bp's decision to market its UK North Sea business, Aberdeen & Grampian Chamber of Commerce is urging the UK government to restore investor confidence through fiscal stability and a more predictable energy policy.
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