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Brent Drops Below $70 as Israel-Iran Ceasefire Holds

OilPrice

Oil prices dropped dramatically after a surprisingly speedy ceasefire was agreed between Israel and Iran, although the peace remains fragile.- US electricity demand is expected to soar to levels not seen since the summer of 2013 as regional operator PJM warned of consumption potentially reaching 158 GW, with temperatures nearing 100°F.-

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U.S. production growth to slow amid drilling decline, says EIA

Oil & Gas 360º

(World Oil) – The U.S. sees domestic crude output growth slowing more than expected this year as choppy oil prices limit drilling activity. have been declining steadily and are hovering near four-year lows even as oil prices stabilized after plunging to multi-year lows on worries about global demand.

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Whitecap and Veren Finalize $10.4B Merger, Create Top-7 Canadian Oil & Gas Producer

Rextag

The merger creates a new heavyweight in Canadian energy, ranking as the seventh-largest oil and gas producer and the fifth-largest natural gas producer in the country by output. Strategic Asset Base and Production Outlook The combined company now holds a high-quality, light oil and condensate-weighted portfolio with 1.5

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Pemex normalizará pagos a proveedores en julio: Sheinbaum

Oil & Gas Magazine

Recordó que antes de los gobiernos de la Cuarta Transformación, la reforma energética de 2013 fragmentó a Pemex en cuatro subsidiarias y 40 filiales, lo cual generó una operación ineficiente y compleja. Ahora, dijo, Pemex se está consolidando nuevamente como una sola empresa eficiente, con vocación de servicio público.

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The Iberian green industrial opportunity: Carbon capture and storage

McKinsey

10 “CO 2 storage projects in Europe,” International Association of Oil and Gas Producers, March 2024. This mature technology has a long operational history in the oil and gas industry and is the most commonly used option for short to medium distances. In addition, most of Europe’s depleted oil and gas fields are located at sea.

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Plain Language Meets Common Sense: Hidden Traps in Oil Patch Contract Interpretation

Producer's Edge

Under the Agreement, Sewak was paid his day rate for work done in 2013 to 2015. " Whether in the oil patch or elsewhere, careful attention should be given to contract language. In late-2014 to early-2015, the survey was completed enough to begin identifying drilling prospects.

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Irán, el efecto Hormuz y Pemex

Oil & Gas Magazine

2008, 2011-2013) fortalecieron temporalmente los ingresos de Pemex y su contribución al fisco. Aunque finalmente Hormuz no se cerró (las amenazas no se concretaron), el precio permaneció elevadamente alto durante gran parte de 2011-2013 (Brent > $100) en buena medida por la prima geopolítica asociada a Irán. Euronews (2025).

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