President Trump is meeting with oil industry executives to address falling oil prices and the impact of his administration\’s tariff policies. The meeting comes as U.S. shale producers express concerns about profitability at current oil prices, challenging the \”drill, baby, drill\” narrative. Discussions are expected to cover the impact of trade tensions and tariffs on […]
Continue ReadingENB Pub Note: Stu has been saying that the oil price for 2025 needs to be at the $80 mark for \”Drill baby Drill when fiscally responsible.\” ESG has had one impact on Exploration and Production companies that President Trump did not plan on. That is fiscal responsibility to give shareholders profits and returns on […]
Continue ReadingDaily Standup Top Stories EPA Unleashes 31 Actions To Overturn Biden- and Obama-Era Regulations, Boost American Power March 14, 2025 Stu Turley The EPA is reconsidering various regulations on power plants, oil and gas facilities, and coal plants to jumpstart growth and unleash American energy. The Environmental Protection Agency (EPA) announced Wednesday that it is introducing […]
Continue ReadingGuyana’s oil production and exports are surging, with output exceeding 660,000 bpd and expected to reach 1.3 million bpd by 2030. Europe is the biggest buyer of Guyana’s crude, with 66% of its exports heading there in 2024. ExxonMobil and partners are expanding operations, planning gas-to-shore projects, increasing gas production, and considering LNG exports, further […]
Continue ReadingThe total number of active drilling rigs for oil and gas in the United States held steady this week, according to new data that Baker Hughes published on Friday, following a 1-rig decrease in the week prior. The total rig count in the US stayed at 592 rigs, according to Baker Hughes, down 37 from […]
Continue ReadingUK-based energy supermajor Shell has awarded a new contract to one of Noble Corporation’s drillships. Noble said via social media channels that a one firm well plus one option well deal was awarded to the Noble Viking rig. The contract, which is a direct continuation of a previous one, is set to start around the […]
Continue ReadingWeekly Daily Standup Top Stories Trump’s Energy Czar Has Plan to ‘Map, Baby, Map’ US Oil Bounty February 23, 2025 Clark Savage Burgum suggests stronger USGS role to analyze the potential Says US public lands hold natural resources worth trillions Interior Secretary Doug Burgum touted a plan for mapping deposits of oil, gas and critical minerals on US […]
Continue ReadingDaily Standup Top Stories Redrawing of global energy markets map set to heap benefits on US February 23, 2025 Clark Savage The prospects of peace and the return of Russian gas looks likely to serve the interests of Donald Trump The Kremlin’s invasion of Ukraine three years ago has reverberated through the global energy industry; unravelling Europe’s […] […]
Continue ReadingBurgum suggests stronger USGS role to analyze the potential Says US public lands hold natural resources worth trillions Interior Secretary Doug Burgum touted a plan for mapping deposits of oil, gas and critical minerals on US federal lands, casting it as an opportunity to catalyze development of the energy resources, reduce dependence on foreign suppliers and pare […]
Continue ReadingUS president Donald Trump has signed an executive order establishing a new council focused on boosting the country’s production and export of fossil fuels. Trump signed another executive order which formally created the National Energy Dominance Council with the primary purpose of driving up domestic oil and gas production. The new council, to be headed […]
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