27 May 2026
27 May 2026
Ian Tyler, an independent non-executive director at BP since April 2025, has been appointed interim chair with immediate effect.
The global benchmark rose $3.04, or 3.2%, to $99.18 a barrel as of 08:20 GMT, following a 7% drop in the previous trading session.
The contract extension includes Baker Hughes’ technologies like the AutoTrak rotary steerable system and Dynamus extended-life drill bits.
Impact Oil & Gas plans to progress its Namibian licences towards FID and first oil alongside TotalEnergies, QatarEnergy and NAMCOR.
The properties are currently operated by Parallax Energy Operating, which is backed by Carnelian Energy Capital Management.
This week’s episode looks at LNG supply and demand dynamics and asks whether the sector is on track for future shortages, or a glut.
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