Baker Hughes Awarded Drilling Contract for Gas Storage Project in Dubai

The new contract adds to the work Baker Hughes Co. is already doing on Dubai Petroleum Establishment's Margham Gas project.

March 27, 2025

BP Earns Approval to Redevelop Oil Fields in Northern Iraq

The agreement with Iraq’s government is for an initial phase that includes oil and gas production of more than 3 Bboe, BP stated.

March 27, 2025

Aramco Secures 50% Stake in Blue Hydrogen Industrial Gases

Aramco and Blue Hydrogen are expected to combine their operations to produce hydrogen from Aramco’s carbon capture and storage operations in Jubail, Saudi Arabia.

March 26, 2025

E&P Highlights: March 24, 2025

Here’s a roundup of the latest E&P headlines, from an oil find in western Hungary to new gas exploration licenses offshore Israel.

March 24, 2025

What's Affecting Oil Prices This Week? (March 24, 2025)

Oil demand will be picking up as we move into warmer months for the northern hemisphere. For the upcoming week, Stratas Advisors think the price of Brent crude will move higher and will test $73.

March 24, 2025

Apollo Acquires BP’s Gas Pipeline Stake for $1B

BP Pipelines holds a 12% interest in the Trans-Anatolian Natural Gas Pipeline (TANAP), which transports natural gas from Azerbaijan across Turkey.

March 23, 2025

US Slaps Iran-Related Sanctions on Oil Tankers, China 'Teapot' Refinery

The U.S. issued new Iran-related sanctions, targeting entities including for the first time a Chinese "teapot," or independent refinery, and vessels that supplied crude oil to such processing plants.

March 20, 2025

Energean Says Regulatory Approvals Delay Puts Carlyle Deal at Risk

Failure to meet these conditions may lead to the termination of the deal. 

March 17, 2025

US NatGas Dominance Collides with Permitting, Tariffs, Layoffs

Executives at BP, Sempra Infrastructure and the American Petroleum Institute weighed in on U.S. natural gas prowess and the obstacles that could stand in the way: snagged permitting, prohibitive steel tariffs and layoffs of federal workers needed to approve projects.

March 16, 2025

Kissler: Is it Time to Worry About Crude Prices?

Oil trends will hinge on China’s economy, plans to refill the SPR and how tariff threats play out.

March 14, 2025