trends

(Bloomberg) – Colombian businesses are bracing for a deepening shortfall in natural gas supply that threatens to shutter some operations. Supplies of gas are expected to fall at least 10% short of demand next year, […]

(WO) — TotalEnergies has agreed to acquire the 25 % interest held by Moeve (formerly CEPSA) in Block 53 offshore Suriname, expanding its position in a basin the company already operates. The transaction aligns TotalEnergies […]

(Bloomberg) — U.S. shale oil producers are unlikely to heed President Donald Trump’s latest call to “Drill, Baby, Drill” as they prioritize hedging over ramping up production in response to U.S. military strikes on Iran. […]

Equinor and its Fram partners will invest more than $2 billion (NOK 21 billion) in a new subsea development. The plan for development and operation was today submitted to the Minister of Energy, Terje Aasland.  […]

Enverus has released its annual list of the most prolific 100 private oil and gas producers in the U.S. based on gross operated production, well count and rig movements across last year. Continental Resources remains […]

(Bloomberg) — Israel ordered the resumption of production at its biggest natural gas field following a truce in hostilities with Iran, setting the stage for higher exports to Egypt. The Chevron-operated Leviathan field was ordered […]

Jennifer A. Dlouhy, Bloomberg June 24, 2025 (Bloomberg) – Trump administration officials considered a range of options in case of a major oil supply disruption in the Middle […]

OEG has finalized an agreement with Al Nasr Holding Co. in Qatar. The agreement further reinforces the OEG’s strategic partnership with Venture Gulf Engineering (VGE), an Al Nasr subsidiary, which supports the oil and gas, […]

Petro-Victory Energy Corp., an oil and gas E&P company focused on onshore Brazil, has commenced its drilling campaign of the AND-5 well at the Andorinha Field located in the Potiguar basin, Rio Grande […]

Brent crude oil futures remain capped below the $80/bbl mark, as the crisis enters its second week with no clear resolution in sight. The U.S. has signaled a potential two-week window for possible military action, […]