Last Mile Production, LLC, an independent oil and gas operator in West Texas, has reported transformative results following the deployment of Enovate AI’s 3-Clicks Digital Strategy in collaboration with B4ECarbon™. SourceContinue Reading
Amid declining Russian oil imports and rising energy demand, India is ramping up investments across Africa’s oil, gas and renewables sectors. The shift comes as India’s crude oil imports from Russia fell to a two-year low in February 2025, prompting a renewed push to diversify its sources of energy. SourceContinue Reading
Oil rose as the potential for the U.S. to curtail Iranian flows added to a rebound driven by broader markets. Crude slumped earlier this month on concern that tensions between the U.S. and its trading partners will hurt economic growth and oil consumption. SourceContinue Reading
Halliburton fell sharply after warning investors that tariffs will impact a wide swath of the company’s business units. Halliburton is the first major company in the U.S. oil industry to disclose a specific financial impact from the global trade war. SourceContinue Reading
Crescent Energy has closed the sale of its non-operated Permian basin assets to a private buyer for $83 million in cash, the company announced Tuesday. The West Texas assets had projected full-year 2025 production of approximately 3 Mboe/d (~35% oil). SourceContinue Reading
Elliott Investment Management has built up its stake in bp Plc to just over 5% of shares, as the activist investor continues its pressure campaign at the struggling oil giant. The stake, disclosed in a regulatory filing on Tuesday, would make Elliott one of bp’s largest shareholders. SourceContinue Reading
Weatherford has entered a strategic partnership with AIQ, the Abu Dhabi-based AI company. The collaboration aims to integrate Weatherford’s software and hardware solutions with AIQ’s AI-driven systems to maximize efficiency for oil and gas production. SourceContinue Reading
BW Energy has discovered substantial oil reserves at its Bourdon prospect, offshore Gabon. CEO Carl Arnet noted that the appraisal well confirms potential for a new development of at least four producing wells. SourceContinue Reading
Drivers at Energy Transfer locations across Texas, Oklahoma, and Louisiana have petitioned for a vote to remove the United Steelworkers union, potentially affecting over 420 workers in the oil and gas transportation sector. SourceContinue Reading
China’s LNG imports from the U.S. dropped to zero in March, marking a major shift in global energy trade amid rising tariffs and trade tensions. The 70% quarterly drop signals a broader realignment in LNG flows. SourceContinue Reading
