ENB Pub Note: I will interview DRW ( David Ramsden-Wood) and David Blackmon on Wednesday about this article and Trump\’s trip to the Middle East. There is a lot going on in the news cycle, and we are trying to incorporate the most correct and not-so-politically correct information. It should be a lot of fun. […]
Continue ReadingDaily Standup Top Stories Britain’s Plan to Retrain Oil and Gas Workers for Clean Energy Jobs May 18, 2025 Clark Savage ENB Pub Note: The following is an interesting article from Felicity Bradstock on Oilprice.com. Britain’s plan to create thousands of clean energy jobs for the oil and gas workers is an example of what won’t […] […]
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U.S. oil and gas drillers are slowing down drilling activities, as evidenced by a consistent decline in active rig counts across major basins in 2024 and 2025. This slowdown is driven by several factors: Lower Oil and Gas Prices: West Texas Intermediate (WTI) crude prices have hovered around $62 per barrel in 2025, close to […]
Continue ReadingDaily Standup Top Stories Ukraine’s MHP delivers first bio-LNG supplies to EU May 13, 2025 Mariel Alumit ENB Pub Note: I added overall market context on the bio-LNG markets Bio-LNG (liquefied biomethane) is a renewable fuel derived from organic waste, such as agricultural residues, household waste, and industrial byproducts. Its production and […] Equinor could axe wind […]
Continue ReadingAll of the majors reported lower earnings for the first quarter. Already, some energy companies active in the shale patch are cutting their drilling budgets for the year. Oilfield services providers are bracing for impact as several large E&P firms are cutting back on drilling programs. U.S. oilfield service majors had a good run after […]
Continue ReadingUnited Arab Emirates-based jackup rig pure-play Shelf Drilling has revealed a couple of extensions for its rigs and some news regarding its fleet in its latest status report. The company said that its Trident 16 rig secured a three-month extension with the Belayim Petroleum Company (Petrobel) in Egypt in February. The initial deal with the company was […]
Continue ReadingWeekly Daily Standup Top Stories Why Spain’s Rooftop Solar Owners Weren’t Spared From the Blackout May 4, 2025 Clark Savage ENB Pub Note: Rooftop solar panels on homes are not bad; they must be appropriately designed and set up for disaster use. I have taken the time to learn how to get the rooftop solar, […] Saudis […]
Continue ReadingARO Drilling, a joint venture of New York-listed offshore driller Valaris, has signed extensions for five jackup rigs with Saudi giant Aramco. The extensions, all for five years, were signed for the Valaris 250, Valaris 116, Valaris 146, Valaris 140, and Valaris 141 or as ARO Drilling referred to them in its statement, the Bob […]
Continue ReadingDaily Standup Top Stories Dropping Oil Price Boosts Odds of Ukraine Peace Deal, Trump Says May 5, 2025 Clark Savage ENB Pub Note: President Trump’s team still does not understand what motivates President Putin to end the war. In the following article from Bloomberg, President Trump oddly says that low oil prices will bring President […] Saudi […]
Continue ReadingENB Pub Note: If you have heard the Energy News Beat Podcast, you have heard me say that ESG Investing has impacted American oil and gas companies and their commitment to their investors and stakeholders. I would say that goes for the public and private companies. For the public companies, it is easy to look […]
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