In a bold display of defiance against US sanctions, two shadowy supertankers—operating under the pseudonyms \”Crag\” and \”Galaxy 3\”—have docked at Venezuela\’s Jose port to load nearly 4 million barrels of Merey 16 crude oil destined for Asia. These vessels, part of the infamous \”dark fleet\” used to evade international restrictions, highlight the ongoing cat-and-mouse […]
Continue ReadingThe US oil and gas sector is showing signs of resilience with a recent uptick in drilling activity, even as analysts sound alarms over an impending global oil surplus. According to the latest Baker Hughes data, the US rig count rose by five to 549 in the week ending December 5, 2025, marking the fourth […]
Continue ReadingThe Monroe Doctrine, first articulated in 1823, has long served as a cornerstone of U.S. foreign policy, asserting American influence over the Western Hemisphere and warning against external interference. Today, Venezuela stands at the heart of this doctrine\’s modern application, embodying a high-stakes battle over resources, sovereignty, and global power dynamics. With the United States\’ […]
Continue ReadingIn the volatile world of energy markets, oil prices have taken a surprising dip in recent weeks, even as a confluence of bullish factors and escalating geopolitical tensions suggests the potential for a sharp reversal. As of December 2025, Brent crude hovers around $61 per barrel, while West Texas Intermediate (WTI) sits near $57, marking […]
Continue ReadingIn the volatile landscape of global energy geopolitics, Chevron Corporation stands as a pivotal player in Venezuela\’s ongoing crisis. As the only U.S. oil major still operating in the sanctioned nation, Chevron is navigating a complex web of political tensions, economic sanctions, and potential regime change under the Maduro government. Recent discussions between Chevron executives […]
Continue ReadingENB Pub Note: This article is a fantastic follow-up to the interview that Stu Turley, Mike Umbro, and Katy Grimes had on the Energy News Beat Podcast on Friday. This is a gigantic Energy Security problem that the Trump Administration is now facing. We will be following this huge crisis, and please follow Katy at […]
Continue ReadingThe US oil and gas sector showed signs of resilience this week, with the total active rig count rebounding by 5 to reach 549 as of December 5, 2025, according to the latest data from Baker Hughes. This marks a reversal from the previous week\’s decline and signals renewed drilling activity amid stabilizing energy prices. […]
Continue ReadingKaty Grimes, Editor in Chief of the California Globe, and Mike Umbro stop by the ENB Podcast. This podcast rolled around because Katy Grimes, the Editor in Chief of the California Globe, wrote a brilliant story, “Has California’s Oil and Gas Industry Hit the Point of No Return?” and in that story, she is pointing out […]
Continue ReadingOn a continent rich in untapped hydrocarbon resources, Africa is positioning itself as a prime destination for oil and gas investments amid global energy demand. From legacy producers like Nigeria and Angola to emerging frontiers such as Namibia and Mozambique, African nations are reforming fiscal policies, licensing rounds, and production-sharing agreements to lure international capital. […]
Continue ReadingIn the high-stakes world of energy production, a bold Texas oil executive is squaring off against California\’s entrenched environmental policies in a bid to tap into a lucrative offshore oil reserve. James Flores, the Houston-based CEO of Sable Offshore, is pushing to revive dormant oil platforms off the Santa Barbara coast—assets acquired from Exxon Mobil […]
Continue Reading