Oil and Gas
Global oil inventories fuel bullish expectations
Global oil inventories post sharp declines in the U.S. and Asia, strengthening bullish expectations in the energy market.
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Oil and Gas
LNG Cargoes in Hormuz: 12 Vessels Depart Despite Crisis
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
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
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
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
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
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
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
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
T12 Engineering dispatched a 60-ton GBS subsea structure for offshore installation in Norway.
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