Economics/Statistics
News
November 14, 2025
ADNOC Gas reported the strongest third-quarter results in its history, delivering $1.34 billion in net income—an 8% year-over-year increase—driven by robust domestic gas demand and improved commercial terms. Year-to-date profit reached $3.99 billion, up 10% from 2024, despite lower average oil prices.
News
October 22, 2025
U.S. oil and gas mergers and acquisitions dropped to $9.7 billion in Q3 2025, marking the third straight quarterly decline, according to Enverus Intelligence Research. Analysts cite persistently low crude prices and fewer private-equity exits.
News
October 07, 2025
Oil prices steadied after OPEC+ announced a modest 137,000-bpd increase for November, signaling continued supply restraint from Saudi Arabia and its allies.
News
October 03, 2025
OPEC+ members are debating the size of their next oil supply increase, with options ranging from a modest 137,000 bpd to a larger boost. The decision, expected at the November meeting, comes as crude prices trade near four-month lows.
News
September 24, 2025
Suriname’s government is negotiating with bondholders to delay debt repayments until offshore oil revenues begin in 2028. With TotalEnergies set to tap 760 million barrels of reserves, the economy aims to stabilize finances and attract investment while preparing for its first crude output.
News
September 16, 2025
A new Rystad Energy study commissioned by AXPC highlights the vital role of independent producers in U.S. oil and gas. In 2024, onshore independents supported 3.1 million jobs and generated $488 billion in GDP output while producing over 85% of crude and 90% of natural gas.
News
September 02, 2025
Pemex is offering to buy back some $10 billion worth of its global bonds with cash raised by the Mexican government, according to a statement. The state-owned driller is looking to repurchase 11 series of notes denominated in euros and dollars due between 2026 and 2029.
News
September 01, 2025
Voters in Guyana headed to the polls to decide whether to reelect President Irfaan Ali or back rivals pledging to squeeze more wealth from ExxonMobil’s offshore oil fields, even as troops came under fire from across the Venezuelan border.
News
September 01, 2025
Oil traders expect OPEC+ to hold crude production steady when it meets this weekend, as the group pauses after a series of accelerated supply increases.
News
August 20, 2025
A new study by the Brazilian Institute of Oil and Gas (IBP) highlights the oil and gas sector’s importance in financing public policies in Brazil, with analysis showing over BRL 325 billion ($59 billion USD) generated in 2023 for local governments.
News
August 19, 2025
Tullow Oil is in talks with its bondholders about refinancing a nearly $1.3 billion bond due next year, as the imminent maturity adds to pressure on the Africa-focused oil explorer.
News
August 15, 2025
A new report from the Texas Independent Producers and Royalty Owners Association (TIPRO) highlights new employment figures showing a decrease in upstream employment in Texas in the month of July.
News
August 06, 2025
ADNOC Gas has announced Q2 2025 results, with net income rising by 16% year-on-year (YoY) to a record $1.385 billion and EBITDA increasing by 8% YoY to $2.256 billion.
News
August 06, 2025
Presidio's entry into the public markets comes as the capital-intensive shale era gives way to a more disciplined focus on returns. Presidio’s differentiated model emphasizes zero reliance on future drilling, minimal capital investment, and substantial free cash flow.
Article
July 2025
Haynes Boone’s survey, published twice annually, asks bankers to provide current oil and gas price decks, which determine producers’ borrowing bases. This year’s report features information from 28 banks and closely analyzes the data to determine the outlook for commodity prices.
News
July 30, 2025
ADNOC Drilling has published its financial results for the second quarter (2Q) and first half (1H) of 2025, announcing record-breaking performance across revenue, EBITDA and net profit while maintaining strong momentum in shareholder returns and delivering regional expansion.
News
July 28, 2025
Mexico on Monday completed a $12 billion debt offering that will support state-owned Petroleos Mexicanos, the world’s most indebted oil major. Also on Monday, Pemex reported net income of $3.2 billion for Q2, its first profit in more than a year.
News
July 25, 2025
West Texas Intermediate crude slid to settle near $65 a barrel after President Donald Trump said the U.S. has a 50-50 chance of striking a trade deal with Europe, a contrast to the optimism expressed by diplomats last week.
News
July 24, 2025
Shares of TechnipFMC PLC, one of the world’s biggest makers of offshore oil gear, surged to the highest in a decade on signs of a robust outlook that underscores the industry’s optimism over production at sea.
News
July 23, 2025
Upstream M&A decelerated in the second quarter of 2025, with value falling 21% quarter-over-quarter to $13.5 billion, according to Enverus Intelligence Research (EIR) summary of Q2 2025 upstream M&A activity and outlook for the rest of the year.
News
July 18, 2025
Citing the latest report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) indicated a decrease in upstream employment in Texas in June following two months of consecutive job growth.
