Market Reports
Namibia Showcases its Offshore Drilling Activities
The offshore oil and gas industry in Namibia is all set for a major growth in 2025, which is going...
Read more
Demand for Global Oil to Grow to Almost 104 mb/d in 2025
The demand for global oil is anticipated to rise to almost 104 million barrels a day in 2025, which is...
Read more
ExxonMobil completes acquisition of Pioneer Natural Resources
The merger of ExxonMobil and Pioneer creates an Unconventional business with the largest, high-return development potential in the Permian Basin....
Read more
ExxonMobil doubles Permian footprint after finalizing Pioneer acquisition
ExxonMobil has finalized its acquisition of Pioneer Natural Resources Company, marking a significant transformation in its upstream portfolio. The acquisition,...
Read more
Petrobras achieves second highest profit in history in 2023: R$ 124.6 billion
Petrobras posted R$ 124.6 billion net income in 2023. This is the second highest amount in the company’s history and...
Read more
TotalEnergies expands its presence in the Orange Basin with a new offshore Exploration license
TotalEnergies has signed, together with its partner QatarEnergy, an agreement to acquire participating interests in Block 3B/4B, offshore South Africa,...
Read more
NOG expands Permian presence, enters Ohio Utica shale with $170 million acquisitions
Northern Oil and Gas, Inc has entered into a definitive agreement with a private party to acquire non-operated interests across...
Read more
Aramco to enter global LNG business by acquiring stake in MidOcean Energy
Aramco, one of the world’s leading integrated energy and chemicals companies, has signed definitive agreements to acquire a strategic minority...
Read more
Vital Energy acquires oil production assets in Permian basin for $128 million
Vital Energy, Inc. has acquired assets in the Midland Basin, part of the greater Permian basin, from Driftwood Energy Operating...
Read more
INPEX sells Eagle Ford tight oil production and development assets to Repsol
INPEX Corporation has sold its Eagle Ford assets to Repsol Oil & Gas USA, a subsidiary of Spanish energy company...
Read more