Parex closes $500 million Frontera E&P acquisition in Colombia
(World Oil) — Parex Resources has completed its acquisition of the Colombian exploration and production assets of Frontera Energy, establishing the company […]
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Weatherford to acquire oilfield tech firm NCS Multistage
(BOE Report) – Oilfield services provider Weatherford International said on Monday it has agreed to acquire energy technology firm NCS […]
BP sells 5% stake in Australia’s newest $35 billion LNG project
(Oil Price) – BP will sell 5% in the $35-billion Browse LNG project in Australia, which Australian energy giant Woodside […]
Oil jumps over $6 on Iran report of halted U.S.-Tehran exchanges, Hormuz blockade risk
(Investing) – NEW YORK – Oil prices surged more than $6 per barrel on Monday after Iran’s Tasnim news agency reported […]
May rewired global energy markets
(By Oil & Gas 360) – May was supposed to be about stabilization. Instead, it became another month dominated by geopolitical disruption, […]
360 Energy Pulse: What mattered this week in energy
(By Oil & Gas 360) – May 22, 2026– Energy markets spent the week caught between diplomacy and distrust. Headlines […]
Iran is turning Hormuz into leverage
(By Oil & Gas 360) – What began as wartime disruption has evolved into something far more strategic, Iran is increasingly […]
From oilfields to magnets: How the U.S. is quietly rebuilding its critical minerals backbone
(Oil & Gas 360) By Greg Barnett, MBA – For years, America’s rare‑earth and critical‑minerals problem was framed as a […]
Record-low U.S. shale well backlog curbs fast output gains amid export surge
(BOE Report)- U.S. shale producers have the lowest stock of drilled-but-uncompleted wells on record, limiting their ability to move quickly […]
U.S. rig count increased by 4, is at 562
This week’s Baker Hughes Rig Count shows that the U.S. increased by 4 last week, resulting in a total count […]