Markets

The following presents the latest export activities in Iraq, Iran, and Kuwait.

In Europe, the pursuit of energy security often clashes with environmental sustainability in the exploration and production (E&P) sector.

The oil market experienced significant fluctuations during the week of Feb. 10-14, driven by a combination of geopolitical tensions, US trade policy developments, and shifting supply dynamics.

US sanctions on Russian oil are boosting Middle Eastern OPEC producers' pricing power, potentially increasing petrodollar revenue.

The US has reinstated and intensified its

Brazilian state-controlled Petrobras is strengthening its commercial ties with India through supply agreements and exploration partnerships.

The US energy landscape is shifting toward energy abundance over decarbonization under a new administration, impacting domestic production and global oil and gas markets.

Japan is evaluating the feasibility of importing liquefied natural gas (LNG) from the US, including from Alaska, while also reassessing the economics of Alaskan North Slope (ANS) crude.

The US Energy Information Administration (EIA) forecasts a decline in Brent crude oil prices, averaging $74/b in 2025 and $66/b in 2026, down from $80/b in 2024.

Artificial intelligence (AI) is revolutionizing the petroleum industry, driving both profitability and sustainability during the energy transition.