巴西监管机构：4月油气产量为468.9万桶/日。 ...

Key Takeaways PBR announces a 5.6% cut in gasoline prices to 2.85 reais/liter, its first cut since October 2023. Gasoline sales in April rose 4.6% YoY, totaling 3.81 billion liters amid recovering domestic demand. PBR's pricing shift avoids global volatility, but retail prices depend on taxes and ethanol blending.Petrobras (PBR) , an oil and gas company of Brazil, has announced a 5.6% reduction in gasoline prices to distributors, the first fuel price cut since October 2023.  Effective Tuesday, gasoline is ...

Core Insights - Equinor is advancing its Snohvit Future project to significantly reduce CO2 emissions from oil and gas production on the Norwegian continental shelf, aiming to meet Paris Agreement targets [1][2][9] Group 1: Project Overview - The Snohvit Future project, approved in August 2023, aims to halve oil and gas production emissions by 2030 compared to 2005 levels, targeting a reduction of 850,000 tons of CO2 emissions annually, which represents about 2% of Norway's total yearly emissions [2][5] - The project involves electrifying Hammerfest LNG with power from the mainland and implementing onshore compression to achieve these emissions reductions [2][5] Group 2: Construction and Implementation - The electrification initiative includes the installation of three large modules at Hammerfest LNG: a compressor, a transformer station, and electrode steam boilers [3] - A major tunnel is being constructed to carry power cables, and Statnett is building a new 420 kV line to meet increased power demand [3][5] - Onshore compression is expected to begin by 2028, with full electrification targeted for 2030, which will extend the life of the Snohvit field and maintain energy supply to Europe through 2050 [5][9] Group 3: Collaboration and Contracts - Axess Group has won an enterprise of competence contract with Aibel, reinforcing their collaboration on Equinor's carbon-reducing efforts at the Hammerfest LNG facility [1][4] - Aibel is leading modification work at the site and has commenced inspection and testing of over 250 pieces of lifting equipment on the compressor module [4][6]

Figure: 1 Vivakor’s Footprint in the Permian Dallas, TX, June 03, 2025 (GLOBE NEWSWIRE) -- Vivakor, Inc. (Nasdaq: VIVK) (“Vivakor” or the “Company”) is an integrated provider of energy transportation, storage, reuse, and remediation services. Vivakor’s growth strategy is anchored in the Permian and Eagle Ford Basins where the Company is positioned to opportunistically expand its integrated crude oil storage, logistics, and marketing value chains. Vivakor owns and operates 10 strategically located pipeli ...

National Energy Services Reunited (NESR) came out with quarterly earnings of $0.14 per share, missing the Zacks Consensus Estimate of $0.20 per share. This compares to earnings of $0.15 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -30%. A quarter ago, it was expected that this company would post earnings of $0.30 per share when it actually produced earnings of $0.30, delivering no surprise.Over the last four quarters, the c ...

Core Insights - Computer Modelling Group Ltd. (CMG) has entered into an agreement with Baker Hughes to integrate their simulation and seismic technologies, enhancing software and consulting solutions for upstream energy development [1][3]. Group 1: Agreement Details - The collaboration aims to improve user experience and ease of use by enhancing integration across both companies' solution sets [3]. - The partnership will provide end-to-end workflows that include seismic to geology, geology to reservoir, reservoir to production, and production to surveillance [3]. - CMG and Baker Hughes will also explore further integration opportunities with Baker Hughes' Leucipa automated field production solution and CarbonEdge digital solution for CCUS operations [3]. Group 2: Industry Impact - The integration of CMG's seismic interpretation and reservoir simulation tools with Baker Hughes' JewelSuite subsurface and geomechanical modelling is expected to optimize asset recovery and mitigate operational risks [2]. - Experts from both companies will collaborate on consulting projects in subsurface and surface oil and gas, geothermal, and CCUS systems, providing specialized industry expertise [4]. Group 3: Company Statements - CMG's CEO emphasized the commitment to building an open ecosystem for technology integration, allowing customers to select best-in-class solutions [5]. - Baker Hughes' Chief Digital Officer highlighted the importance of collaboration in their digital strategy to enhance the customer experience from exploration to sustainable production optimization [5].

Group 1 - The events of 2019 involving Occidental and Chevron's competition for Anadarko highlight the strategic importance of the Permian Basin in the oil industry [1] - Warren Buffett's significant investment in Occidental can be linked to the competitive dynamics observed during the Anadarko acquisition battle [1] Group 2 - The article does not provide any additional relevant information regarding the company or industry [2][3]

Company Performance - Schlumberger's stock closed at $33.34, reflecting a +0.88% change from the previous trading day's close, outperforming the S&P 500's gain of 0.41% [1] - Over the past month, Schlumberger's shares have depreciated by 4.84%, underperforming the Oils-Energy sector's gain of 4.15% and the S&P 500's gain of 6.13% [2] Upcoming Earnings - The upcoming earnings release is anticipated, with an expected EPS of $0.77, indicating a 9.41% decline compared to the same quarter last year [3] - Revenue is projected to be $8.49 billion, showing a 7.08% drop compared to the year-ago quarter [3] - Full-year estimates predict earnings of $3.18 per share and revenue of $35.98 billion, representing year-over-year changes of -6.74% and -0.84%, respectively [4] Analyst Estimates and Rankings - Recent changes in analyst estimates for Schlumberger reflect short-term business trends, with positive revisions indicating analyst optimism [4] - The Zacks Rank for Schlumberger is currently 4 (Sell), with the Zacks Consensus EPS estimate moving 2.27% lower in the past month [6] Valuation Metrics - Schlumberger has a Forward P/E ratio of 10.4, compared to the industry average of 14.53, suggesting it is trading at a discount [7] - The company has a PEG ratio of 8.32, significantly higher than the industry average PEG ratio of 2.39 [8] - The Oil and Gas - Field Services industry, which includes Schlumberger, holds a Zacks Industry Rank of 189, placing it in the bottom 24% of all industries [8]

Core Viewpoint - Altai Resources Inc. has completed the repositioning of its Canadian investment portfolio to enhance liquidity and eliminate equity market risk [1][2]. Group 1: Repositioning Details - The repositioning involved the sale of all marketable securities and reinvestment of net cash proceeds into cash and cash equivalents [1]. - The total market value of the newly structured Investment Portfolio is approximately $3.9 million [2]. - The market value of the Investment Portfolio per common share is approximately $0.07, based on 56,033,552 issued and outstanding common shares [2]. Group 2: Company Overview - Altai Resources Inc. is based in Toronto, Ontario, and has a producing oil property in Alberta and an exploration gold property in Quebec [3]. - The company’s investment portfolio is now entirely comprised of cash and cash equivalents [2].

Group 1: Market Reaction - Major international oil and oil-related stocks such as TotalEnergies, APA, and Torm plc experienced significant rallies, with stock increases of 2.6%, 4.4%, and 3.4% respectively [1] - The oil and gas prices had a "relief rally" due to OPEC+ announcements of supply increases being less than feared [3][4] Group 2: OPEC+ Supply Decisions - OPEC+ announced an increase in oil supply for July by 411,000 barrels per day, which was in line with market expectations [4] - The cartel had previously agreed to voluntary cuts of approximately 2.2 million barrels per day in January 2024 to support oil prices, but plans to phase out these cuts gradually [5] Group 3: Geopolitical Factors - Ukraine's recent strike against Russia's bomber fleet raised concerns about potential escalations in the conflict, which could impact Russian oil supply [6][7] - Russia is the third-largest oil producer, supplying about 12% of global oil, making its supply situation critical in the context of geopolitical tensions [7] Group 4: Strategic Implications for OPEC+ - OPEC+ increasing production despite declining oil prices may be a strategy to address quota violations by member countries and to align with U.S. interests for lower oil prices [10] - Saudi Arabia's potential price war strategy could aim to undermine U.S. shale production, reflecting a competitive approach in the oil market [11] Group 5: Investment Considerations - Oil and gas stocks may serve as a hedge against geopolitical turmoil, particularly in the context of the Russia-Ukraine conflict, while also providing substantial dividends [12]