Upstream Oil & Gas Daily Dose

Isaias shuts in a quarter of Gulf oil output | Upstream Oil and Gas Daily Dose — 2026-10-08

The Marine Minerals Administration reports that, based on operator reports submitted October 7, about 25 percent of Gulf of America oil production and about 16 percent of

Chevron agrees to sell Hess Midstream stake | Upstream Oil and Gas Daily Dose — 2026-10-07

Chevron agreed to sell its stakes in Hess Midstream and in DJ Basin crude oil midstream assets as part of a broader restructuring of its Bakken midstream agreements, taki

Gulf exports rebound as Hormuz share stays low | Upstream Oil and Gas Daily Dose — 2026-10-06

Gulf export routes and pending Canadian oil deals lead today’s briefing. CHAPTERS 00:00 Top story 00:17 Rundown 00:57 Gulf exports and the Hormuz share 02:53 Cenovus to

Cenovus and Ithaca agree Canadian oil acquisitions | Upstream Oil and Gas Daily Dose — 2026-10-05

Cenovus Energy has signed a definitive agreement to acquire Athabasca Oil Corporation in a cash-and-stock deal Bloomberg reported at about US$4 billion of enterprise valu

Banks see Mideast crude exports near pre-war levels | Upstream Oil and Gas Daily Dose — 2026-09-30

Bloomberg reports Saudi Arabia has restored flows through its East-West pipeline to at least 3.5 million barrels per day, and a September 29 JPMorgan note puts Middle Eas

TotalEnergies sanctions Absheron full-field development | Upstream Oil and Gas Daily Dose — 2026-09-28

TotalEnergies said on September 26 that it and partners SOCAR and XRG took a final investment decision for full-field development of the Absheron gas and condensate field

BP explored then exited Devon Eagle Ford deal | Upstream Oil and Gas Daily Dose — 2026-09-26

Reuters reporting cited by OilPrice says BP entered the data room for Devon Energy's roughly 90,000-net-acre Eagle Ford business after it opened in late August, and one s

Hormuz deal talk cools oil as strikes bite | Upstream Oil and Gas Daily Dose — 2026-09-25

Hormuz talks and export costs, BP’s Devon data room, SLB’s Aramco award, Vostok cargoes, Eni exploration and Kimmeridge’s oil-reserve findings. CHAPTERS 00:00 Top story

Oil slips as Hormuz flow estimates clash | Upstream Oil and Gas Daily Dose — 2026-09-24

Crude eased as Hormuz flow estimates diverged. US senators sought a reserve release amid high diesel prices; the White House denied reported plans for a diesel export ban

Saudi East-West pipeline restarts | Upstream Oil and Gas Daily Dose — 2026-09-23

Reuters, citing people briefed on the matter, reports Saudi Arabia has restarted its East-West pipeline at a low rate, with Aramco working back toward roughly 4 million b

Libya's Sharara halves as Yanbu restart is signalled | Upstream Oil and Gas Daily Dose — 2026-09-22

Libya's Sharara field is pumping about 127,000 barrels a day after an armed group shut the pipeline to the Zawiya export terminal, according to people cited by Bloomberg,

Aramco zeroes Europe term crude | Upstream Oil and Gas Daily Dose — 2026-09-21

Saudi Aramco has told European refining customers they will be allocated no crude next month under long-term agreements while it works to restore its damaged East-West pi

Saudi pipeline outage strains crude routes | Upstream Oil and Gas Daily Dose — 2026-09-19

Rigzone and OilPrice report oil eased Friday as Saudi Arabia's workaround through Sohar and shuttle shipping partly replaced volumes lost when attacks shut the East-West

Continental signs Venezuela MOU with PDVSA | Upstream Oil and Gas Daily Dose — 2026-09-18

Continental Resources says it signed a memorandum of understanding with PDVSA to operate and develop the Ayacucho 2 block in Venezuela's Orinoco Oil Belt, with a long-ter

Saipem closes Saudi jack-up sale to ADES | Upstream Oil and Gas Daily Dose — 2026-09-16

Saipem said on 15 September that it has completed the sale of its entire shareholding in Saudi Arabian Saipem Limited to ADES Saudi Limited Company, retaining use of one

Saudi east-west pipeline outage | Upstream Oil and Gas Daily Dose — 2026-09-14

Reuters reports Saudi Arabia's east-west crude pipeline has been shut since Friday after drone attacks, with unnamed industry sources putting rerouted volumes at about fo