U.S. Drilling Programs Are Resilient, but It Depends on the Location

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, as recent developments show, this resilience isn\’t uniform across the board. It\’s all about location: basins with lower costs, higher […]

Continue Reading

Oil Is Not Done Yet: Wood Mackenzie Report Says Oil Demand Increasing to at Least 2032

In a landscape dominated by headlines about renewable energy and the push toward net zero emissions, a new report from Wood Mackenzie delivers a sobering reminder: global oil demand is far from fading. According to the consultancy\’s Energy Transition Outlook 2025-2026, released in late October 2025, oil demand won\’t peak until 2032—two years later than […]

Continue Reading

No New North Sea Oil Wells for First Time Since 1960s: Labour’s Crackdown on Oil and Gas Industry Blamed for Collapse of Exploration in UK Waters

In a stunning blow to the UK\’s energy sector, 2025 is set to mark the first year since 1964 without any new exploratory oil wells being drilled in the British North Sea. This is yet another example of bad management and energy policies. According to a Westwood Global Energy survey, no offshore exploration wells have […]

Continue Reading