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.
Seadrill Completes Sale of Jackup Rig West Prospero
Seadrill has sold its West Prospero jackup rig for $45 million in cash in an effort to exit the jack-up rig market.
What's Affecting Oil Prices This Week? (Dec. 30, 2024)
Looking forward, Stratas Advisors forecasts that Brent oil will average $76.90 in 1Q25.
What's Affecting Oil Prices This Week? (Dec. 23, 2024)
For the upcoming week, Stratas Advisors think oil prices will get a boost from the oil demand associated with the holiday season and from recent geopolitical news.