Daily Standup Top Stories Oil Prices Fall Ahead Of Trump Inauguration January 20, 2025 Mariel Alumit Oil prices fell as traders await clarity on President-elect Donald Trump’s policy agenda. Banks are gearing up for oil prices to fall below $60 a barrel by the middle of Trump’s term. Standard Chartered predicts […] UK Nuclear Power Ambitions Hampered […]
Continue ReadingENB Pub Note: There is more to this story than meets the eye. Renaming the Gulf of America, it has brought up a legal question about the Oil and Gas drilling bans by the Biden-Harris administration. Those bans were for the Gulf of Mexico, not the Gulf of America. – This will be fun to […]
Continue ReadingNoble Several Republican-led states have filed a lawsuit to challenge the offshore drilling ban recently imposed by outgoing US president Joe Biden. The lawsuit claims that Biden had no authority to impose the ban and that such a decision had to be made in the US Congress. It also demands a reversal of Biden’s decision […]
Continue ReadingHOUSTON, Jan. 15, 2025 /PRNewswire/ — Talos Energy Inc. (\”Talos\” or the \”Company\”) (NYSE: TALO) today announced that the Katmai West #2 well located in the Ewing Bank area of the U.S Gulf of Mexico successfully encountered commercial quantities of oil and natural gas. Key Highlights The Katmai West #2 well was drilled significantly under budget and ahead of schedule […]
Continue ReadingDaily Standup Top Stories Ukraine tried to sabotage Russian gas supply to Türkiye – Moscow January 13, 2025 Mariel Alumit A drone attack has been thwarted at a key compressor station, the Defense Ministry has said Ukraine has launched an unsuccessful drone attack on Russian energy infrastructure which delivers natural gas to Türkiye , […] Tougher […]
Continue ReadingForesea Brazilian drilling contractor Foresea is adding $70m to its backlog under an existing drillship deal with Petrobras. The company established in June 2023 from the restructuring of Ocyan’s drilling unit fixed its floater Norbe VIII in September of the same year to the state-controlled oil giant for three years. The deal worth approximately $450m […]
Continue ReadingDaily Standup Top Stories What do oil and gas exports mean to the Russian economy? How will the new Biden Sanctions play with President Trump’s negotiations? January 12, 2025 Clark Savage ENB Pub Note: The following article is an excellent summary from Alexandra Prokopenko and Alexander Kolyandr about what the oil and gas exports mean to […]
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The number of vessels hit by sanctions has surpassed 1,000 with data from S&P Global Market Intelligence showing that more 800 of these ships do not have confirmed insurance. Moreover, the average age of sanctioned ships – 21 years – is some eight years older than the global average, adding to growing concern that the […]
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Shell Houston-based oilfield service giant SLB has been awarded a series of drilling contracts by Shell to support energy development across its deep- and ultra-deepwater assets. The scope of the contracts will include digital directional drilling services and hardware, logging while drilling, surface logging, cementing, drilling and completions fluids, completions, and wireline services on assets […]
Continue ReadingDaily Standup Top Stories Why would President Trump want to Annex Greenland? Is it for the weather or critical minerals? January 7, 2025 Clark Savage Ok, there is a lot of speculation today from X around Donald Trump Jr.’s trip to Greenland. I watched the call with President Trump calling into a town hall-style gathering, and […]
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