Activist Elliott Builds Stake in Oil Major BP, Source Says

U.S.-based Elliott is seeking to boost shareholder value by urging BP to consider transformative measures, Bloomberg News reported Feb. 8.

SLB: OneSubsea to Provide Equipment for Vår Energi Offshore Norway

The OneSubsea joint venture among SLB, Aker Solutions and Subsea7 will support multiple oil and gas projects on the Norwegian Continental Shelf for Vår Energi.

WTI Prices Fall as Trump Agrees to Pause Tariffs on Mexico, Canada

Canadian Prime Minister Justin Trudeau and Mexican President Claudia Sheinbaum said they had agreed to bolster border enforcement efforts in response to Trump's demand to crack down on immigration and drug smuggling.

E&P Highlights: Feb. 3, 2025

Here’s a roundup of the latest E&P headlines, from a forecast of rising global land rig activity to new contracts.

What's Affecting Oil Prices This Week? (Feb. 3, 2025)

The Trump administration announced a 10% tariff on Canadian crude exports, but Stratas Advisors does not think the tariffs will have any material impact on Canadian oil production or exports to the U.S.

Oil Prices Ease as US Tariffs On Mexico Paused for a Month

WTI crude futures were down $0.04, or 0.01%, at $72.49 after climbing as much as 3.7% earlier in the session to reach their highest since Jan. 24 at $75.18.

Analysts: How Trump's Tariffs Might Affect Commodity, Energy Sectors

Trump's move has sparked volatility in the commodities market. Oil prices rose, with WTI up 2.4% at $74.27 a barrel and Brent crude futures adding 1% to $76.40 a barrel.

Stocks Slump, Dollar Soars as Trump Tariffs Trigger Trade War

Oil prices rose, with WTI up 2.4% at $74.27 a barrel and Brent crude futures adding 1% to $76.40 a barrel.

Murphy Shares Drop on 4Q Miss, but ’25 Plans Show Promise

Murphy Oil’s fourth-quarter 2024 output missed analysts’ expectations, but analysts see upside with a robust Eagle Ford Shale drilling program and the international E&P’s discovery offshore Vietnam.

Utica Liftoff: Infinity Natural Resources’ Shares Jump 10% in IPO

Infinity Natural Resources CEO Zack Arnold told Hart Energy the newly IPO’ed company will stick with Ohio oil, Marcellus Shale gas.