Industry research, market reports, trend analysis, and intelligence relevant to Permian Basin and energy markets.
SLB has agreed to acquire S&P Global Energy’s upstream software portfolio, expanding its digital subsurface and AI capabilities for U.S. shale and unconventional workflows.
Read MessageA delay in signing a trade deal with the U.S. would be expensive for India, as it could be exposed to the risk of higher tariffs under the Section 301 probe.
Read MessageOil prices rose as investors stayed cautious despite a three-week extension of the Israel-Lebanon ceasefire.
Read MessageA new joint venture between PetroGuin and Tender Oil and Gas will advance seismic work and exploration in Guinea-Bissau’s deepwater offshore blocks, signaling renewed investor interest in the basin.
Read MessageEcopetrol has agreed to acquire a stake in Brazil’s Brava Energia and plans a tender offer to secure a controlling interest, expanding its upstream portfolio and production base.
Read MessageTrump's remarks came as most Americans say they have cut spending due to high gas prices, according to the latest CNBC All-America Economic survey.
Read Messagebp saw shareholder pushback at its AGM as investors raised concerns over strategy and performance, while the company continues to refocus on oil and gas operations.
Read MessageOil prices are rising again as tensions escalate in the U.S.-Iran conflict.
Read MessageDallas Fed survey data show executives expect months of continued Hormuz disruption, higher shipping costs and only modest U.S. production gains as the industry navigates ongoing geopolitical risk.
Read MessageEIV Capital has raised $1.1 billion across new funds targeting U.S. upstream oil and gas assets and energy infrastructure, signaling continued investor focus on domestic energy development.
Read MessageU.S. forces have boarded another Iranian-linked supertanker, signaling a wider reach for its blockade as oil shipments attempt to move beyond the Gulf.
Read MessageWell-Safe Solutions was awarded a multi-year contract by Apache North Sea Limited to decommission platform and subsea wells across the Forties Field in the North Sea. Work is scheduled to begin in 2026, with Well-Safe Solutions leading project management, well and subsurface engineering, and offshore delivery across both platform and subsea wells. The company noted...
Read MessageHelix Energy Solutions and Hornbeck Offshore Services will combine in an all-stock deal to create an integrated deepwater offshore services company with expanded vessel and subsea capabilities.
Read MessageMajor oil companies are increasing deepwater exploration investment as the industry faces a 300-billion-barrel supply gap by 2050, according to new analysis from Wood Mackenzie.
Read MessageOil giant BP failed to get two motions passed, one of which would've permitted retiring two company climate disclosure obligations.
Read MessageGulf oil and gas producers are scrambling to explore alternative routes to get their energy exports out of the Middle East.
Read MessageAs the Iran war drags on and the Strait of Hormuz stays shut, India and China are increasingly competing against each other for shrinking crude oil supplies.
Read Message"We are facing the biggest energy security threat in history," Fatih Birol, the head of the International Energy Agency (IEA), told CNBC Thursday.
Read MessageA new offshore industry report highlights innovation, workforce development and environmental performance, with NOIA pointing to growing adoption of digital tools and next-generation workforce programs.
Read MessageValeura has chartered a jackup drilling rig for a three-year term to support development and exploration drilling across its Gulf of Thailand assets through 2029.
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