Crude oil prices were flat on the day, after the U.S. Energy Information Administration reported an estimated inventory draw of 1 million barrels for the first week of 2025. The authority also estimated builds in fuel inventories but both gasoline and diesel stocks remain below the five-year average. The crude inventory draw compared with another modest of 1.2 million […]
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Shearwater Norwegian offshore seismic vessel player Shearwater Geoservices has started the second acquisition season for the Pelotas Basin multi-client 3D seismic survey offshore Brazil. This new acquisition, conducted in partnership with Searcher Seismic, will be the sixth multi-client 3D project for the joint venture and will utilise the SW Empress vessel to expand the Pelotas […]
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The Joint Expeditionary Force (JEF) has activated an advanced UK-led reaction system to track potential threats to undersea infrastructure and monitor the Russian shadow fleet, following damage to a major undersea cable in the Baltic Sea. The JEF is a UK-led Northern European multinational military partnership. The tanker Eagle S which is part of the […]
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Equinor UK and Shell UK are joining forces to create the UK North Sea’s largest independent oil and gas producer. Combining their offshore assets and expertise into a 50/50 joint venture, the new company will focus on sustaining domestic oil and gas production, ensuring the UK’s energy security and maximising the value of the maturing […]
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In the Energy News Beat – Conversation in Energy with Stuart Turley, talks with George McMillan delves into the intricate relationship between energy, geopolitics, and global strategy, exploring how energy infrastructure, such as pipelines, shapes regional stability and global alliances. The discussion examines key dynamics, including Russia and China’s energy integration, Middle Eastern tensions like […]
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Norway\’s oil and gas investment is expected to reach a record high in 2025, driven by new exploration activity and increased demand for Norwegian gas. While Norway is a leader in renewable energy, it continues to invest heavily in oil and gas production, raising concerns about its climate commitments. Norway aims to balance its oil […]
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ENB Pub Note: This article was written by Anas Alhajji, and I highly recommend following him on his X account here: @anasalhajji. He is a valued world energy leader with good information and a consistent track record. If you think ISIS setting some Syrian oil fields on fire is a nightmare, read this article to […]
Continue ReadingIn the Energy News Beat – Conversation in Energy with Stuart Turley, talks with George McMillan extensive discussion covers the geopolitical dynamics around energy, focusing on the strategic role of pipelines and resource control in Central Asia and the Middle East. It details the interplay between U.S. seapower encirclement strategies, Russian and Chinese landpower breakout […]
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Aleksandar Vucic has vowed to protect Serbia’s energy security following talks with a top US energy official Serbian President Aleksandar Vucic has acknowledged forthcoming challenges regarding potential US sanctions against Naftna Industrija Srbije (NIS), a key energy company in Serbia co-owned by Russian energy giant Gazprom. Following talks with US Under Secretary for Economic Growth, […]
Continue ReadingDaily Standup Top Stories New York to Force Oil, Gas Companies to Pay Reparations for ‘Climate Change’ Damage December 27, 2024 Clark Savage ENB Pub Note: This is true madness. I will get the bill and cover it on my podcast – this will do nothing for the climate but will hurt New York Consumers. […]
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