(Reuters) – EagleRock, a company that collects royalties and fees from oil and gas production on the land it controls in the Permian Basin, is exploring a U.S. initial public offering that could value it at up to $2 billion, people familiar with the matter said. The Houston-based firm has hired Goldman Sachs on the …
Permian-Focused EagleRock Plans Rare US Oil and Gas IPO, Sources Say Read More »
(Reuters) – U.S. President Donald Trump issued several pipeline permits on Wednesday, including one for the construction of a new pipeline, to facilitate the transportation of crude oil and petroleum products between the U.S. and Canada, according to documents released by the White House. The permit authorizing construction was issued to the Bakken Pipeline Company …
Trump Issues Several Pipeline Permits for US-Canada Oil Transportation Read More »
(Reuters) – Reports that the White House has requested a ceasefire in the Iran war are wrong, press secretary Karoline Leavitt told reporters on Wednesday but added that discussions about a second round of talks with the Iranians were ongoing and productive. Speaking at a White House press briefing, Leavitt said any fresh talks would …
White House Denies U.S. Requested Ceasefire, Says New Talks May Happen in Pakistan Read More »
(Reuters) – Iran could consider allowing ships to sail freely through the Omani side of the Strait of Hormuz without risk of attack as part of proposals it has offered in negotiations with the United States, providing a deal is clinched to prevent renewed conflict, a source briefed by Tehran said. The U.S.-Israeli war with …
(Reuters) – Qatar may extend its force majeure on gas supplies beyond mid-June, Italian importer Edison said on Wednesday, while predicting the gap will be plugged by U.S. supply instead of Russian gas. Speaking in a media briefing, Edison CEO Nicola Monti and its head of gas portfolio management Fabio Dubini said the Italian group …
Edison Says Qatar May Extend Gas Force Majeure, Sees US LNG Filling Gap Read More »
(Reuters) – Iran can withstand a complete halt in oil exports of up to two months before being forced to curb production, analysts said, after the U.S. began blocking shipping in and out of the country’s ports on April 13. The blockade could prevent roughly 2 million barrels per day (bpd) of Iranian crude from …
Iran Can Go Up to Two Months Without Oil Exports Before Cutting Output, Analysts Say Read More »
New analysis reveals deepening inventory optionality alongside growing development sequencing risk across the basin CALGARY, Alberta (Apr. 15, 2026) — Enverus Intelligence® Research (EIR), a subsidiary of Enverus, the leading energy data analytics platform, has released its latest report, Permian Basin Play Fundamentals: The Intervals Keep Coming. As global supply uncertainty and price volatility weigh on capital …
With ~55,000 Sub-$50/bbl Locations, the Permian’s Low-Breakeven Runway Expands Read More »
By Ari Natter The Trump administration is unlikely to issue a new a waiver allowing countries to buy sanctioned Russian oil as part of any efforts to tame high fuel prices, Energy Secretary Chris Wright said. “That was a broad-based reprieve,” Wright said Wednesday at an event held by the Wall Street Journal. “I don’t …
US Unlikely to Grant New Waiver to Buy Russian Oil, Wright Says Read More »
By Salma El Wardany and Eric Martin The US and Iran are considering extending their ceasefire that ends on Tuesday by another two weeks to allow more time to negotiate a peace agreement, according to a person familiar with the matter. Mediators between the warring sides are trying to set up technical talks to resolve …
US and Iran Weigh Extending Their Ceasefire by Two Weeks Read More »
By Emma Sanchez NOV Inc., one of the biggest US makers of oilfield gear, slashed its earnings guidance for the first quarter as the war in the Middle East raises costs and snarls equipment deliveries. Safety and logistical problems from the conflict dented revenue by about $54 million and adjusted earnings by around $32 million, …
Oil-Gear Maker NOV Cuts Earnings Guidance as Iran War Hikes Costs and Snarls Deliveries Read More »
