In a significant escalation of geopolitical tensions, Russian oil giant Lukoil has declared force majeure at its West Qurna-2 oilfield in southern Iraq, citing disruptions caused by fresh U.S. and U.K. sanctions. This move, announced last week, has already contributed to upward pressure on global oil prices, as markets grapple with the potential loss of […]
Continue ReadingIn a bold escalation of its campaign against Russia\’s energy infrastructure, Ukraine has claimed responsibility for a drone strike on the Saratov Oil Refinery in Russia\’s Volga region overnight on November 11, 2025. This marks the second attack on the facility this month, the fifth reported strike this fall, and the seventh overall in 2025. […]
Continue ReadingIn the ever-shifting landscape of global energy markets, headlines often paint a picture of dramatic pivots driven by geopolitics and sanctions. A recent article from OilPrice.com suggests that India is \”racing\” to swap out its hefty reliance on Russian crude for supplies from the United States, Iraq, and the UAE, spurred by fresh U.S. sanctions […]
Continue ReadingU.S. Drilling Programs Are Resilient, but It Depends on the Location November 6, 2025 Clark Savage In the ever-volatile world of energy markets, U.S. oil and gas producers are demonstrating remarkable staying power amid oil prices hovering around $60 per barrel—a level that’s uncomfortably close to breakeven for many operations. Yet, […] U.S. Natural Gas Futures Up […]
Continue ReadingAs the Northern Hemisphere braces for winter, a familiar narrative is flipping on its head. For years, discussions around climate have centered on global warming and its implications for milder winters. But emerging weather forecasts paint a different picture: a weakening polar vortex is poised to unleash frigid air across the US, Asia, and parts […]
Continue ReadingIn an era where global energy dynamics are shifting, South America is emerging as a powerhouse in the oil sector, poised to drive significant growth in non-OPEC+ oil supply through 2030. According to recent analysis from Rystad Energy, the region will add over 560,000 barrels per day (bpd) of crude and condensate this year alone, […]
Continue ReadingENB Pub note: This article is from Doug Sheridan on LinkedIn, and we recommend you follow him for great information on the oil and gas markets. Ambrose Evans-Pritchard writes in the Telegraph, imagine what the world would look like today if US fracking technology and America’s drillers had not delivered the shale revolution. The West […]
Continue ReadingThe U.S. energy sector is showing signs of renewed activity, with the latest Baker Hughes rig count reporting an increase to 548 active rigs as of November 7, 2025. This marks a modest uptick of 2 rigs from the previous week, though the total remains down 37 rigs, or about 6%, compared to the same […]
Continue ReadingIn the ever-volatile world of energy stocks, ConocoPhillips (NYSE: COP) has delivered a solid third-quarter 2025 earnings report that underscores its resilience amid fluctuating commodity prices. The company not only beat analyst expectations on adjusted earnings but also announced an 8% increase in its quarterly dividend and raised its full-year 2025 production guidance. This comes […]
Continue ReadingIn a striking display of resilience amid tightening global sanctions, a Russian \”dark fleet\” tanker recently conducted a ship-to-ship oil transfer off the coast of Mumbai, ultimately delivering its cargo to Indian shores. This maneuver, highlighted in a recent Bloomberg report, underscores the ongoing challenges in enforcing Western sanctions on Russian energy exports. As trade […]
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