Shale Oil & Gas

Prices for Europe GAS fall due to mixed temperatures and strong renewable output

The wholesale gas prices in the Netherlands and Britain fell on Tuesday, reversing a 15-month peak reached the previous session due to mixed weather forecasts and a higher renewable production. According to LSEG, the benchmark front-month contract for the Dutch TTF Hub was down by…
Russell: China's impact on US energy trade is minimal at first.

China responded to the tariffs imposed by President Donald Trump with its own measures, effectively killing off trade between the United States in crude oil and liquefied gas as well as coal. China, which is the largest importer of these three commodities in the world, imposed import duties on Tuesday of 15% for U.S.
BP to invest upto $25 billion in Iraqi Kirkuk oil and Gas

A senior Iraqi official said that BP will spend up to 25 billion dollars over the life of a project redeveloping four Kirkuk oil fields and gas. Baghdad is trying to win foreign investment back. If the deal is finalized, which could happen in the next few weeks, this would be a major breakthrough for Iraq.
Oman Invites Offshore O&G Bids on Three Blocks

The energy ministry announced on Tuesday that Oman had invited investors to bid for exploration of oil and gas within three concessions areas. It is seeking help to monetize the country's energy assets.The ministry announced on its X Twitter account that the three concessions onshore are Block 43A (Block 66)…
OPEC and Saudi Arabia spare oil production capacity

A U.S. official stated on Tuesday that U.S. president Donald Trump would restore his "maximum-pressure" campaign against Iran and bring its oil exports down to zero. This would increase oil prices, and force others to pump even more. Saudi Arabia, the United Arab Emirates and Iraq…

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Exploration

Colombia's Ecopetrol extends joint venture agreement with Occidental Petroleum for Permian Basin

Ecopetrol, a Colombian energy firm, announced on Monday that it had reached an agreement with Occidental Petroleum to renew their oil joint venture in the U.S. Permian Basin in Texas. The future of the joint-venture was uncertain after Ecopetrol – which is majority owned by the Colombian government – backed out from a separate agreement last August, to purchase $3.6 billion worth of assets in the Permian Basin from Occidental, on President Gustavo Petro's orders.

Drilling

Infinity Natural, backed by Pearl Energy, valued at $1.3 Billion as shares soar in NYSE debut

Infinity Natural Resources, a company owned by private equity, was valued at $1.3 billion after its shares rose 10.8% on their New York Stock Exchange debut on Friday. Morgantown, West Virginia based company opened its stock at $22.16, over the $20 per share offer price. Infinity, supported by Pearl Energy Investments, NGP and other buyout firms, sold 13,25 million shares between $18 and $21 in order to raise $265 millions.

Production

Staatsolie will raise 250 mln dollars, 50 mln euro through bonds due in 2033

Suriname’s state-owned power company Staatsolie launched on Friday a new debt bond offer maturing in 2033. The company hopes to raise $250m and 50m euros ($52m) to finance its participation in an important project off the coast of the country, it said. To secure a 20% share in Block 58 being developed by France’s TotalEnergies, and U.S. company APA Corp, the company must raise $2.4 billion via different financing mechanisms. This includes up to $1.5billion in bank loans.

Prices for Europe GAS fall due to mixed temperatures and strong renewable output

Russell: China's impact on US energy trade is minimal at first.

BP to invest upto $25 billion in Iraqi Kirkuk oil and Gas

Oman Invites Offshore O&G Bids on Three Blocks

OPEC and Saudi Arabia spare oil production capacity

Colombia's Petro wants Ecopetrol to sell its fracking operations.

Senators introduce resolution to repeal Biden methane fees rule

WEC Energy's quarterly profit increases as it expands its data center services

Latest news

Thailand will import more U.S. Ethane in order to reduce its trade surplus

EUROPE GAS Prices fall on profit-taking and mixed temperatures outlook

China's tariff retaliation is aimed at its modest US energy imports

OMV Petrom operating profit falls 57% due to lower prices and regulatory pressures

French and Benelux stocks: Factors to watch

Senate confirms Chris Wright, a fracking executive, as Trump's Energy Secretary

Petrobras Q4 total production down 10.5%; sales and exports are also down

Gas funded by the EU brings light back to a separatist region in Moldova

New England grid oil-fired electricity surges 10-fold during cold weather

Engie continues to see a strong US demand for renewables

Sources say that RPT-Encino owner is considering a $7 billion sale and IPO.

Sources: Encino's owner is considering a $7 billion sale and the IPO of an energy producer.

Exploration

Colombia's Ecopetrol extends joint venture agreement with Occidental Petroleum for Permian Basin

Two Russian sources claim that Saudi Arabia and the UAE are possible locations for a Trump-Putin meeting.

Sources say that US energy company Talos is set to name Shell CEO Goodfellow its next CEO

Austrian OMV and ADNOC are interested in acquiring Nova Chemicals

Drilling

Infinity Natural, backed by Pearl Energy, valued at $1.3 Billion as shares soar in NYSE debut

Mexico's Pemex, billionaire Slim renegotiate deepwater gas project

Wright to speak at conservative event in London

Baker Hughes signs supply agreement with Venture Global

Production

Staatsolie will raise 250 mln dollars, 50 mln euro through bonds due in 2033

Trinidad and Tobago auctions 26 deepwater oil and natural gas blocks at the largest ever auction

Kazakhstan's daily crude oil production at a record high amid Chevron led expansion

Energean UK forecasts higher production in 2025 on the strong Israel growth

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