ExxonMobil Looks Over Lukoil\’s Iraqi Oilfield as U.S. Sanctions Finally Hit Home – What does this mean for Investors?

In a significant development for the global energy sector, U.S. oil giant ExxonMobil has expressed interest in acquiring Russian firm Lukoil\’s majority stake in one of Iraq\’s premier oilfields. This move comes amid escalating U.S. sanctions on Russian entities, which have forced Lukoil to declare force majeure and seek an exit from its Iraqi operations. […]

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What If Venezuela\’s Oil Is Shut Down and We Get Peace in Ukraine? Analyzing the Potential Impact on Oil Prices

In a world of geopolitical volatility, the oil market remains a barometer for global tensions. As we approach the end of 2025, two hypothetical scenarios loom large: a complete shutdown of Venezuela\’s oil production amid escalating U.S. pressures, and a peace deal in Ukraine that could lead to the lifting of sanctions on Russian oil, […]

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Caspian Pipeline Consortium Halts Black Sea Oil Loading after Ukraine Attack – And Black Sea tankers hit

In a significant escalation of the ongoing energy warfare between Ukraine and Russia, the Caspian Pipeline Consortium (CPC) has suspended oil loading operations at its Black Sea terminal in Novorossiysk following a Ukrainian naval drone attack. The incident, which occurred early on November 29, 2025, marks the latest in a series of targeted strikes on […]

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ENB Weekly Rig Count and Oil and Gas Update

As we approach the end of November 2025, the energy sector continues to show dynamic shifts in drilling activity, storage levels, and production metrics. This week\’s update draws on the latest data from Baker Hughes and the U.S. Energy Information Administration (EIA), highlighting trends in rig counts across the globe and within the U.S., as […]

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UK Oil Invasion To The USA?

Happy Thanksgiving, and we have a wild Energy News Beat Stand Up for You! Michael and I are very grateful to all the listeners, readers, and patrons of the Energy News Beat Channel and Substack, and to the guests who have to suffer through my horrible jokes. Take a moment today, take a deep breath, […]

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