Middle East
International
Saudi Arabia Sets Up New Aramco Share Sale That Could Raise $13.1B
Saudi Arabia's government is planning to sell a new stake in state oil giant Aramco that could raise as much as $13.1 billion, a landmark deal to help diversify the economy.
International , Crude Oil
Paisie: Oil Prices to Range Between $86-$88 in Second Half of 2024
Supply and demand dynamics overtake geopolitical instability from the Middle East to Ukraine in influencing oil prices.
Crude Oil , International
OPEC+ Working on Complex Oil Cut Extension Deal for 2024-2025, Sources Say
The OPEC+ deal might include extending some or all of the current voluntary production cuts of 2.2 MMbbl/d.
International , Crude Oil , Natural Gas
Calmer Waters May Be Ahead for Oil and Gas, Despite Wild Cards
Looking forward, while supply disruptions remain a possibility, the energy market’s nervousness is easing.
Exploration & Production
Salunda Secures Multi-year Jackup Contract in Middle East
The contract is the organization’s first jack-up installation in the Middle East.
Crude Oil , International
What's Affecting Oil Prices This Week? (May 20, 2024)
U.S. economic activity, geopolitical uncertainty in the Middle East and the U.S.' recent hike in Chinese EV import duties all have a hand in the sway of oil prices this week.
Transactions , Deepwater
Seadrill Sells Three Jackups for $338MM to Gulf Drilling International
Seadrill Ltd. is also selling its 50% equity interest in the joint venture that operates the rigs offshore Qatar.
Super DUG , Markets , Policy & Regulations , Solar , Wind , Artificial Intelligence
Adkins: Attacks on Fossil Fuels, Overregulation Poised to Backfire
Raymond James’ J. Marshall Adkins tells Hart Energy’s SUPER DUG conference attendees demonizing oil and gas, strenuous regulations and continued inflation are bound to have unexpected consequences for E&P opponents.
Natural Gas , Infrastructure
Gas Prices in a Summer of Discontent
In February, natural gas prices dropped below $2/MMBtu and stayed there. How is the market handling it, and when will the price pick back up?
Crude Oil , International , Exploration & Production
What's Affecting Oil Prices This Week? (May 13, 2024)
For 2024, increasing supply will be more challenging unless U.S. producers start ramping up their capex and drilling programs beyond their current plans.