Before oil prices started plunging last month, most banks and research firms had forecast US shale production would grow this year and next before plateauing later in the decade. Diamondback Energy trimmed its own full-year […]
Marathon Petroleum Corporation (MPC) released its Q1 2025 earnings results on May 6, 2025, reporting a net loss attributable to MPC of $74 million, or $0.24 per diluted share, compared to a net income of […]
If left alone, markets are good at sorting out a tough situation like this. The housing market could learn a lesson.
ENB Pub Note: Yesterday, we examined Cap Ex budgets, and today, we are investigating production, demand estimates, and storage. The current storage levels are low and are listed below. Here is a lot of data […]
In this episode of Energy Newsbeat – Conversations in Energy, Stuart Turley sits down with Michael McDonnell, founder of MMD Global Advisory, to dive deep into Saudi Arabia’s Vision 2030, the NEOM project challenges, and […]
Oil prices rallied aggressively on Tuesday morning, recovering from the OPEC+-induced drop that was sparked by the cartel’s decision to unwind production cuts at a faster rate than previously planned. Despite the recovery, uncertainty remains […]
ENB Pub Note: The story below is from Tsvetana Paraskova on Oilprice.com, and she has some great points about the Saudi Budgets. I have been saying that the Saudis need the $80 to $85 oil, […]
ENB Pub Note: This article from LNG Prime has some great information, and I added more specifications of the Commonwealth’s LNG export facility above. The Commonwealth LNG Export Terminal is a proposed liquefied natural gas […]
ENB Pub Note: I have added a better description of the GTA LNG Export hub above: The GTA LNG Export Hub refers to the Greater Tortue Ahmeyim (GTA) Liquefied Natural Gas (LNG) project, a major […]
Wood announced the contract in a social media post last week. “Working on the Woodside Line 200 project Indian Bayou compressor station in Louisiana, Wood will deliver the detailed engineering and design for the compressors […]
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