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Oil and Gas

LNG Cargoes in Hormuz: 12 Vessels Depart Despite Crisis

Antonio Zavarce · June 11, 2026

The LNG carriers Lebrethah and Rasheeda, operated by QatarEnergy, and the vessel Marigold, from ADNOC, reappeared outside the Strait bound for Pakistan, India, and…

Oil and Gas

SLB and PDVSA Finalize Digital Transformation Agreement in Venezuela

Antonio Zavarce · June 11, 2026

The purpose of the MoU is to modernize the Venezuelan oil and gas industry through digital technology.

Oil and Gas

Petrobras buys 50% of Itaimbezinho to expand its exploration

Marcos Medina · June 11, 2026

Petrobras expands its offshore presence in Brazil with the purchase of 50% of the Itaimbezinho exploration block.

Oil and Gas

Summit Midstream Extends Double E Pipeline Tender from the Permian Basin

Joshua Falcón · June 10, 2026

The energy corporation increases contracted capacity to 1.9 Bcf/d and secures key equipment for infrastructure expansion in Texas.

Oil and Gas

EIA oil inventories fall to multi-decade lows

Antonio Zavarce · June 10, 2026

The EIA projects that OECD oil inventories will fall to 2,287 million barrels by December 2026, a historic low.

Oil and Gas

Pampa Energía and Halliburton drive comprehensive digitalization in the Vaca Muerta formation

Joshua Falcón · June 10, 2026

The multi-year agreement will implement artificial intelligence and high-resolution modeling to optimize the Argentine company's operations in the shale formation.

Oil and Gas

Exxon Guyana production exceeds 900,000 bpd in 2025

Antonio Zavarce · June 10, 2026

ExxonMobil reported that its stake in the Stabroek consortium generated net income of US$4,670 million in 2025.

Oil and Gas

Oil rises amid escalation between the U.S. and Iran

Antonio Zavarce · June 10, 2026

Tension in the Strait of Hormuz escalates with U.S. and Iranian military operations.

Oil and Gas

T12 Engineering sends 60-ton GBS underwater structure to Norway

Marcos Medina · June 10, 2026

T12 Engineering dispatched a 60-ton GBS subsea structure for offshore installation in Norway.

Oil and Gas

Noble secures drilling contract with bp in the UK

Ruth Arteaga · June 10, 2026

Noble will execute a three-well drilling campaign for bp in UK waters starting in 2027.

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