Energy Transition in Motion (Week of Jan. 17, 2025)
Here is a look at some of this week’s renewable energy news, including more than $8 billion more in loans closed by the Department of Energy’s Loan Programs Office.
Helmerich & Payne Seals $1.97B Deal for KCA Deutag
Helmerich & Payne has completed its acquisition of KCA Deutag International Ltd. as it positions itself as a global onshore drilling powerhouse.
ADNOC Contracts Flowserve to Supply Tech for CCS, EOR Project
Abu Dhabi National Oil Co. has contracted Flowserve Corp. for the supply of dry gas seal systems for EOR and a carbon capture project at its Habshan facility in the Middle East.
Pickering Prognosticates 2025 Political Winds and Shale M&A
For oil and gas, big M&A deals will probably encounter less resistance, tariffs could be a threat and the industry will likely shrug off “drill, baby, drill” entreaties.
E&P Highlights: Jan. 13, 2025
Here’s a roundup of the latest E&P headlines, including Chevron starting production from a platform in the Gulf of Mexico and several new products for pipelines.
What's Affecting Oil Prices This Week? (Jan. 13, 2025)
Stratas Advisors expect that there is some room for oil prices to move higher this week, but the price of Brent crude oil will struggle to breakthrough $82.50.
TotalEnergies Begins Construction of Iraqi Gas Processing Facility
TotalEnergies and partners Basra Oil Co. and QatarEnergy have begun the construction of an associated gas processing facility in the Ratawi field in Iraq.
Perma-Pipe Gets $43MM Contract for Services in Middle East
Texas company Perma-Pipe International Holdings specializes in anti-corrosion services for infrastructure.
What's Affecting Oil Prices This Week? (Jan. 6, 2025)
Recent geopolitical news also provided some support for oil prices with the rhetoric heating up between Iran and Israel.
Hirs: Expansive Energy Policies Set to Shape 2025 Markets
The incoming administration’s policies on sanctions, tariffs, regulations and deportations will impact the oil and gas industry.