Tullow Oil is in talks with its bondholders about refinancing a nearly $1.3 billion bond due next year, as the imminent maturity adds to pressure on the Africa-focused oil explorer. SourceContinue Reading
Oil rose Monday as U.S. President Donald Trump’s meeting with Ukrainian President Volodymyr Zelenskiy tempered expectations that a resolution to the conflict with Russia will be reached quickly. Talks of a Ukraine war resolution have caused recent market uncertainty, with oil trading in a narrow range. SourceContinue Reading
Oil rose Monday as U.S. President Donald Trump’s meeting with Ukrainian President Volodymyr Zelenskiy tempered expectations that a resolution to the conflict with Russia will be reached quickly. Talks of a Ukraine war resolution have caused recent market uncertainty, with oil trading in a narrow range. SourceContinue Reading
Shares of Raízen SA soared on Monday, posting their biggest intra-day gain on record, after the newspaper O Globo reported that state-controlled oil producer Petrobras is considering investing in the sugar and ethanol producer. SourceContinue Reading
Global Infrastructure Partners (GIP) has entered into a definitive agreement to acquire a 49.99% interest in Eni CCUS Holding, a leading global platform in the carbon capture, utilization, and storage (CCUS) sector. SourceContinue Reading
Brazilian oil company Prio said Monday that the local regulator, ANP, has mandated a production halt at the Peregrino FPSO due to necessary improvements in risk management documentation and adjustments to the deluge system, according to a Reuters report. SourceContinue Reading
Oil swung between gains and losses as traders awaited a meeting between Presidents Donald Trump and Volodymyr Zelenskiy, with the Ukrainian leader facing U.S. pressure to agree to ceding territory to Russia. SourceContinue Reading
ProFrac and Seismos have partnered to launch Closed Loop Fracturing, now available across all major U.S. basins. The collaboration marks the first large-scale deployment of an extensively operator-validated, real-time, automated quality control system. SourceContinue Reading
Global Infrastructure Partners (GIP) has entered into a definitive agreement to acquire a 49.99% interest in Eni CCUS Holding, a leading global platform in the carbon capture, utilization, and storage (CCUS) sector. SourceContinue Reading
ExxonMobil has signed a long-term agreement with Cerebre to accelerate and sustain ExxonMobil’s Foundational Digital Backbone. This strategic collaboration underscores ExxonMobil’s commitment to data and innovation targeted at driving enterprise operational efficiency. SourceContinue Reading
