Singapore shipyard group Seatrium has signed a memorandum of understanding with energy giant BP for a second floating production unit project in the US Gulf of Mexico. Under the agreement, Seatrium would carry out the engineering, procurement, construction, and commissioning of an FPU for the Tiber project, located some 480 km southwest of New Orleans […]
Continue ReadingDaily Standup Top Stories How has green energy policies impacted the environment, society, and our financial systems? DOGE found that the Inflation Reduction Act was funding change. February 11, 2025 Clark Savage But what change you ask, well let’s start with the Inflation Reduction Act and what the huge “Porkulus Bill” as Dan Bongino has called […]
Continue ReadingBP (NYSE: BP) on Tuesday pledged to fundamentally reset its strategy as it booked its lowest annual and quarterly profits in years and seeks to push up its stock performance and regain investor trust. “Building on the actions taken in the past 12 months, we now plan to fundamentally reset our strategy and drive further […]
Continue ReadingOffshore drilling giant Noble Corporation has won a new contract for one of its semisubmersible rigs in the Americas. Energy giant Shell awarded a contract to the 2009-built Noble Developer semisub. The deal is for a fixed duration of 180 days and is expected to commence in the third quarter of 2026. According to the […]
Continue ReadingWeekly Daily Standup Top Stories Trump Reignites Coal Industry at Davos – Make Coal Great Again MCGA January 26, 2025 Clark Savage ENB Pub Note: While President Trump’s remarks are around coal, he says, “Nothing can destroy coal. Not the weather, not a bomb. It’s a great backup.” The topic around the President’s policies and comments […]
Continue ReadingDaily Standup Top Stories Trump Seizes Wartime Powers in Battle for More Fossil Fuels January 27, 2025 Clark Savage Obscure laws to be marshaled to build pipelines, power plants ‘God Squad’ to weigh projects that threaten endangered species President Donald Trump’s declaration of an energy emergency opens the door to wield sweeping Cold War-era powers and […] Europe doesn’t […]
Continue ReadingDaily Standup Top Stories Trump Seizes Wartime Powers in Battle for More Fossil Fuels January 27, 2025 Clark Savage Obscure laws to be marshaled to build pipelines, power plants ‘God Squad’ to weigh projects that threaten endangered species President Donald Trump’s declaration of an energy emergency opens the door to wield sweeping Cold War-era powers and […] Europe doesn’t […]
Continue ReadingWeekly Daily Standup Top Stories U.S. Shale’s Capital Discipline Outweighs Trump’s Pro-Growth Rhetoric January 19, 2025 Clark Savage US shale producers are focused on capital discipline and shareholder returns, limiting the impact of Trump’s pro-oil policies. Increased Permian rig activity is unlikely to significantly boost oil production due to inventory depletion and efficiency […] China and India […]
Continue ReadingDaily Standup Top Stories U.S. Shale’s Capital Discipline Outweighs Trump’s Pro-Growth Rhetoric January 19, 2025 Clark Savage US shale producers are focused on capital discipline and shareholder returns, limiting the impact of Trump’s pro-oil policies. Increased Permian rig activity is unlikely to significantly boost oil production due to inventory depletion and efficiency […] Days before Trump takes […]
Continue ReadingBrent up 1.3%, WTI adds 1.7% in the week Concerns about more supply disruptions as Trump returns to power Potential halt to Houthi attacks on shipping in focus after Gaza ceasefire deal US oil rig count falls by two HOUSTON, Jan 17 (Reuters) – Oil prices settled lower on Friday but notched their fourth straight […]
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