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Enverus Intelligence® Research (EIR) has published its summary of Q4 and full-year 2024 upstream M&A activity, reporting $105 billion in U.S. upstream deals closed in 2024, the third highest total tracked by Enverus analysts. View the full article
DEEP Earth Energy Production Corp. (DEEP) has announced a strategic collaboration with SLB to drive the development of Canada's first next-generation geothermal project, located in southeast Saskatchewan. View the full article
(Bloomberg) – Oil edged lower as traders weighed the possible fallout from President Trump’s planned tariffs on major U.S. crude supplier Canada and other countries. The market was also watching reports OPEC will evaluate potential changes to America’s energy policy. View the full article
Cummins and Liberty Energy have announced that the industry’s first natural gas variable speed, large displacement engine to power Liberty’s digiPrime hydraulic fracturing platform will be deployed in the first half of 2025. View the full article
Odfjell Technology, an integrated supplier of well services technology and engineering solutions, has entered into a cooperation agreement with Australia-based R&D Solutions, expanding the company’s presence in Asia Pacific. View the full article
The Sipitang Oil and Gas Industrial Park (SOGIP) is set to officially launch in early February in Sabah, Malaysia. A partnership between Gibson Shipbrokers and SOGDC, the project will generate around 1,600 jobs and support the region's energy demand. View the full article
ADNOC Logistics and Services (ADNOC L&S) has joined with an Abu Dhabi seaglider operator to introduce REGENT seagliders into its fleet. ADNOC L&S will use the all-electric seagliders to transport people to and from offshore oil and gas infrastructure. View the full article
Viridien has won a contract with Petroleum Development Oman (PDO) to provide advanced land seismic imaging services at its dedicated processing center (DPC) in Muscat, Oman, continuing a longstanding partnership between the companies. View the full article
The Sipitang Oil and Gas Industrial Park (SOGIP) is set to officially launch in early February in Sabah, Malaysia. A partnership between Gibson Shipbrokers and SOGDC, the project will generate around 1,600 jobs and support the region's energy demand. View the full article
Coterra Energy has completed its previously announced acquisitions consisting of certain assets of Franklin Mountain Energy and Avant Natural Resources and its affiliates for aggregate consideration of approximately $3.9 billion. View the full article
Flow remediation specialist, Pipetech, has announced the launch of its new Downhole Scale Remediation (DSR) technology, with goals to redefine wellbore cleaning solutions for the global energy sector. View the full article
Chevron and Engine No. 1 have announced a new partnership to develop scalable, reliable power solutions for U.S.-based data centers running on U.S. natural gas. In conjunction with GE Vernova, the partnership aims to establish the first multi gigawatt-scale co-located power plant and data center during President Trump’s second term. View the full article
The Independent Petroleum Association of America (IPAA) board of directors have announced Michael "Mike" A. Hillebrand, the chief executive officer of Pennsylvania-based Huntley & Huntley, as board chairman for a two-year term through 2026. View the full article
InflowControl has launched its Gas Autonomous Inflow Control Valve (Gas AICV®). This new technology marks a significant milestone as the world's first autonomous flow control valve specifically designed for gas reservoirs. View the full article
CNX Resources announced it has completed the acquisition of Apex Energy for a total consideration $505 million. This strategic bolt-on acquisition expands CNX's existing stacked Marcellus and Utica undeveloped leasehold in the CPA region. View the full article
A new market analysis by Canada-based investment firm Harbourfront Wealth shows volatility in crude oil prices amid recent global shifts. Analyst David Eng published the following report: View the full article
GTG International (GTGi) has secured a series of contracts to deliver land seismic projects across Europe, encompassing both 2D and 3D seismic surveys. GTGi has added 30,000 STRYDE nodes to its seismic sensor inventory to ensure efficient and effective execution. View the full article
Seatrium has been awarded a contract by Japan-based Penta-Ocean Construction (POC) to carry out the engineering, procurement and construction for a 5,000-ton fully-revolving Heavy Lift Vessel project for the Japanese offshore wind market. View the full article
CRC Evans has launched a new digital platform to streamline data management for welding, coating, and inspection for customers in the oil and gas sector. The DATA360 platform will expedite access to production data, improved analytical capabilities and precise data tagging. View the full article
Diversified Energy has reached an agreement to acquire Maverick Natural Resources for $1.275 billion. The acquisition will provide Diversified a new Permian asset base with multiple zones in the Northern Delaware basin, and will have a combined production base of approx. ~1,200 MMcfe/d (~200 Mboe/d). View the full article
Aker Solutions and SLB Capturi have been awarded a contract for the carbon capture and storage solution at Hafslund Celsio's waste-to-energy plant in Oslo, Norway. The contract will deliver a carbon capture plant, a liquefaction system, temporary storage, and loading facility at the waste incineration site. View the full article
Tamboran Resources Corporation and Santos Limited have entered into a non-binding Memorandum of Understanding (MOU) to undertake technical studies relating to a potential Darwin LNG Train 2 expansion in the Beetaloo Basin. View the full article
The African Energy Chamber is calling for the industry to stand against growing opposition from western agencies undermining the economic growth potential presented by Africa’s oil and gas industry. View the full article
The Republic of Congo has set ambitions to increase its production from 270,000 barrels per day (bpd) to 500,000 bpd in 2025, with a panel discussion planned for CEIF 2025 to outline the country's production targets.
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(Bloomberg) – New supplies of liquefied natural gas take time to develop, and significant new capacity will only start kicking in over the coming years, a senior Exxon Mobil Corp. executive said. View the full article

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About this blog
I started this blog to express what I sense about the highs and lows of the oil realm, while cautiously analysing historical data, taking into account the geo-political development at the time of recording them.
I got into this field, having been a passive observer of fluctuations of crude oil prices and their global consequences for years.
Then, when on the day of Great Oil Crash in April, 2020, I made a decision to make my own blog, with the motto, ‘analysing data that really matters’.
Having come from an academic background in mathematics and physics, I analyse data using my own tools, created with JavaScript and Python, taking my decision on board while making decisions.