2024 has been another strong year for the offshore drilling market with high rig, OSV and subsea utilization and day rates. Analysts wonder whether oil prices will remain high enough to support the offshore oil […]
Oil prices in 2024 were heavily influenced by Chinese demand and Middle East tensions, while US shale producers consolidated and remained cautious about production growth. Natural gas demand surged due to increased electricity consumption, driven […]
ENB Pub Note: Michael and I will cover this on our next podcast. As I have said, there will be no “Drill Baby Drill”, it will be more like: “Drill Baby when fiscally responsible.” Goehring […]
shortages in the country. (Atta Kenare/AFP) An energy crisis in Iran has left its leadership scrambling to find a solution after schools and government institutions across the country were forced to close their doors last […]
The bloc should ramp up energy imports from the US or face levies on its exports, the president-elect has said US President-elect Donald Trump has said the EU should reduce its trade gap by boosting […]
Data source: U.S. Energy Information Administration, Short-Term Energy Outlook, December 2024 India has emerged as the leading source of growth in global oil consumption in 2024 and 2025, overtaking China this year, according to our December Short-Term Energy […]
An investigation by Ukrainska Pravda (UP) has found that Russian oil continues to flow into the EU despite sanctions, with shipments under the flags of Liberia and Panama reaching the ports of Romania and Bulgaria, both EU […]
Screenshot/Telegram Oil has washed up along the shorelines around the Kerch Strait following a series of tanker disasters involving ancient Russian tankers in recent days. Footage posted on social media showed birds along the shoreline […]
Broker BRS has provided an update of the size of what it terms as the grey tanker fleet, ships suspected of carrying oil linked to Iran, Venezuela, Syria, North Korea or Russia. Despite slowing, the […]
A number of European nations have followed the lead taken by the UK in demanding insurance details from Russian-linked ships passing through their waters, something that is expected to put pressure on Russia’s exports through […]
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