Trump Delays Planned Strike after Gulf Allies Appealed
'I put it off for a little while, hopefully maybe forever, but possibly for a little while, because we've had very big discussions with Iran', the U.S. president said.
Venezuela Circulates Draft of Oil Law Regs for Cos
The Venezuelan government is circulating a draft of regulations as part of its newly enacted oil law.
Oil Settles Higher on Iran Doubts
Oil prices climbed as Iran peace talks faced new doubts.
North America Adds More Rigs WoW
North America added three rigs week on week, according to Baker Hughes' latest North America rotary rig count.
Canada Strikes Deal to Start Building Oil Pipeline in 2027
Canada and Alberta reached a carbon pricing deal that opens the way for construction of a new oil pipeline starting as early as 2027.
USA Upstream M&A Hit $38B in Q1
U.S. upstream mergers and acquisitions hit $38 billion in the first quarter of this year before volatility 'pause[d]… the market', Enverus Intelligence Research noted.
US DOE Awards Over $94MM to Light Water SMR Advancement Projects
The Department of Energy awarded 8 projects a total of more than $94 million to support site permitting and supply chain development efforts for light water small modular reactors.
Santos, Repsol Start Oil Production at Alaska Project
'At plateau, production from the asset will be equivalent to 19 percent of Alaska's current output, delivering the first significant new crude volumes to the state in decades'.
