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HomeCrude Oil News

Crude Oil News

DAVID BLACKMON: This Agency Is Scrambling To Adjust Its Absurd ‘Peak Oil’ Predictions OPINION
Climate Crisis

DAVID BLACKMON: This Agency Is Scrambling To Adjust Its Absurd ‘Peak Oil’ Predictions

December 17, 2023 Stu Turley

ENB Pub Note: David Blackmon’s articles on the Daily Caller, Forbes, and Substack are fantastic. We recommend subscribing to them all, and his Substack is HERE: https://blackmon.substack.com/.  The IEA also just released their 2023 coal […]

Crude Oil News

The US isn’t the only one eating into OPEC’s market share — Brazil and Guyana are hitting record oil production volumes

December 16, 2023 Stu Turley

OPEC+ has seen its oil market share fall to 51% this year, the IEA said Thursday. While US oil output has soared, Guyana and Brazil have also produced record volumes in 2023. Brazil’s output jumped […]

Oil and Gas Industry
Crude Oil News

Visualized: How the Oil and Gas Industry Spends Its Profits

December 16, 2023 Stu Turley

How the Oil and Gas Industry Spends Its Profits 2022 was a highly profitable year for the oil and gas industry. Due to Russia’s invasion of Ukraine, energy prices skyrocketed, and the industry amassed an […]

Russia
Crude Oil News

Russia’s shipments via Arctic to hit record high

December 16, 2023 Stu Turley

The Northern Sea Route is already a superior alternative to other major global trade waterways, Russian Deputy Prime Minister Yuri Trutnev says Russia is actively expanding trade via the Northern Sea Route (NSR), with shipments […]

Climate Crisis

Daily Energy Standup Episode #271 – Weekly Recap: Unraveling Geopolitical Dynamics, Investment Hypocrisy, and Technological Breakthroughs in the Ever-Evolving Energy Landscape

December 16, 2023 Andy Del Prado

Daily Standup Weekly Top Stories Russia’s Shadow Fleet – 24 min Bloomberg Video – “Ships aquired by “We don’t know who; and insured by who knows?” December 9, 2023 Stu Turley ENB Pub Note: Michael and […]

Africa
Critical Minerals

Russia to help Africa gain control over resources – Lavrov

December 15, 2023 Stu Turley

Agreements were signed with 30 African universities during the Africa Seeks Solutions congress in St. Petersburg Russian institutes signed agreements with more than 30 African universities during a major congress in St. Petersburg, providing for […]

Energy
Climate Crisis

USA Energy Groups Respond to COP28 Outcome

December 14, 2023 Mariel Alumit

Several U.S. energy groups have responded to the outcome of the COP28 climate summit, which wrapped up earlier this week. The COP28 website highlighted that the summit concluded “with a historic agreement by 198 Parties […]

Production
Crude Oil News

OPEC Production Falls While U.S. Oil Output Hits New High

December 14, 2023 Mariel Alumit

OPEC MOMR: OPEC’s crude production fell in November for the first time in months. OPEC: U.S. oil output continued to reach new highs. Venezuela and Libya, which are exempted from the OPEC+ deal, saw their […]

Crude Oil News

Shell to boost oil production from U.S. Gulf of Mexico with Great White project approval

December 14, 2023 Mariel Alumit

(WO) − Shell Offshore Inc., a subsidiary of Shell plc, announced the Final Investment Decision (FID) for a phased campaign to deliver three wells in the Great White unit designed to boost oil production at […]

Crude Oil News

Russian Natural Gas and Geopolitical Realignment Part 4: The US Cut-off their European Allies from Affordable Energy—Now What?

December 14, 2023 George McMillian

ENB Pub Note: This is the 4th article in a series from George, and much of this was covered in our first podcast. He is an international geopolitical and energy expert looking at energy from […]

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