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Crude Oil News

ExxonMobil's Guyana Oil
Big Oil Companies

ExxonMobil’s Guyana Oil: A Trillion-Dollar Opportunity?

August 30, 2024 Mariel Alumit

ExxonMobil’s Guyana oil production is rapidly expanding, with the potential to reach 2 million barrels per day by the early 2030s. The company’s Permian Basin assets are also poised for growth, with production expected to […]

Houthis
Crude Oil News

Houthis will allow salvage teams to attend to blazing Greek tanker

August 29, 2024 Mariel Alumit

Iran’s mission to the United Nations said yesterday that the Houthis in Yemen will allow salvage teams to head to the badly damaged Sounion suezmax tanker in the Red Sea and let it be towed. […]

Climate Crisis

Trump’s Energy Plan: End Energy Poverty

August 29, 2024 Andy Del Prado

Daily Standup Top Stories Ukraine Strikes 2 More Oil Depots Deep Into Russian Territory August 28, 2024 Stu Turley The Ukrainian military claimed on Wednesday to have downed a Russian fighter jet over eastern Ukraine as […]

Crude Oil News

Ukraine Strikes 2 More Oil Depots Deep Into Russian Territory

August 28, 2024 Stu Turley

The Ukrainian military claimed on Wednesday to have downed a Russian fighter jet over eastern Ukraine as Russia stepped up retaliation in Ukraine’s occupied eastern region shortly after Kyiv set another Russian oil depot on […]

Equinor
Crude Oil News

Equinor Boosts Norwegian Economy with $12.7B in 2023

August 28, 2024 Mariel Alumit

Equinor ASA said it is boosting the local economy, as its activities in Norway were measured as costing over $12.72 billion (NOK 134 billion) last year, of which 94 percent was transacted with Norwegian suppliers. […]

Libya
Crude Oil News

Libya Power Struggle Spikes Oil Prices

August 28, 2024 Mariel Alumit

An attempt to replace the central bank governor led to a shutdown of eastern Libyan oil fields. Libyan Central Bank Dispute Shuts Down Oil Production Global oil prices jumped more than 7 percent Monday amid […]

worst tanker spill
Crude Oil News

Red Sea littoral states brace for the worst tanker spill this century

August 28, 2024 Mariel Alumit

The Sounion suezmax, the ship that risks becoming the worst tanker spill this century, remains on fire and may be leaking oil, according to the US Department of Defense. The ship was attacked multiple times […]

Crude Oil News

New Mexico Oil Production HUGE

August 28, 2024 Andy Del Prado

Daily Standup Top Stories Renewables Accounted for 14.6% of Global Energy Consumption in 2023 August 27, 2024 Mariel Alumit ENB Pub Note: The term “Renewable Energy” is a marketing term. Wind and solar cannot be even […]

Crude Oil News

New Zealand to Reverse Ban on Offshore Oil and Gas Exploration

August 27, 2024 Stu Turley

In a bid to bolster energy security, New Zealand intends to pass legislation by the end of 2024 to reverse a ban on offshore oil and gas exploration that has been in place since 2018, […]

Big Oil Companies

US Oil Dominance Hinges on Quiet Corner of New Mexico

August 27, 2024 Stu Turley

About 100 miles east of UFO-capital Roswell, a dusty corner of New Mexico with more cattle than people is quietly buttressing the US’s world oil dominance. After pumping less crude in the years leading up to the […]

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