Commonwealth Taps Petronas as Buyer in LNG Project
Kimmeridge’s Commonwealth LNG has entered deals with two Asian companies in the last two months.
E&P Highlights: June 16, 2025
Here’s a roundup of the latest E&P headlines, including the third major transaction this month for Baker Hughes and an explorer award for Exxon Mobil.
TotalEnergies Expands Offshore Malaysia, Indonesia with Petronas Deal
TotalEnergies acquired offshore positions from Petronas, reinforcing its strategic LNG growth platform.
What's Affecting Oil Prices This Week? (June 16, 2025)
For the upcoming week, Stratas Advisors expect that there will be further upward pressure on oil prices, since the conflict between Israel and Iran will continue to ramp up, and consequently, the price of Brent crude could reach $77.
ADNOC, Carlyle Offer $18.8B for Australia’s Santos Ltd.
Santos Ltd. has received a final, non-binding offer from a consortium led by Abu Dhabi National Oil Co., or ADNOC, that represents a 28% premium over the company’s June 13 closing price.
Kissler: Will Tariffs Continue to Drive Energy Markets?
Even as trade concerns ease, geopolitical tensions are still a risk.
Federal Government Backs Off on Proposed Fines for Non-US LNG Ships
The U.S. trade office had proposed a schedule of rising rates if U.S. companies did not use tankers that don’t currently exist—but backed off after industry backlash.
E&P Highlights: June 9, 2025
Here’s a roundup of the latest E&P headlines, including CNOOC’s latest production startup and an exchange of properties offshore Brazil.
Anaergia Lands Contract to Build Biogas Facility in South Korea
Once operational, the Jeju Bio Energy Biogas Plant will convert about 54,000 tons of waste annually into 2 megawatts of renewable energy.
Industry Warns of Fallout from Trump’s Anti-Clean Energy Bill
The reconciliation bill’s impact on the energy industry, including renewables, could be ‘catastrophic’ if U.S. senators pass the bill.