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Crude Oil News

ENB #211 The Truth Behind Sanctions and Dark Fleets

June 30, 2024 Stu Turley

In the Energy News Beat – Conversation in Energy with Stuart Turley interviews Irina Slav, a renowned energy writer from Bulgaria, discussing various global energy issues and geopolitical developments. They cover topics such as the […]

Shale
Crude Oil News

Shale Executives See Mergers Squeezing US Oil Production

June 27, 2024 Mariel Alumit

US oil production will decline if the corporate-acquisition spree sweeping the shale sector is prolonged, according to a Federal Reserve Bank of Dallas survey. More than 50 percent of oil executives told the Dallas Fed they foresee […]

Crude Oil News

The Petrodollar Is Dead, Long Live the Petrodollar

June 27, 2024 Stu Turley

The petrodollar died this month — or so I learnt via the financial blogosphere. In the past fortnight, Google searches for “petrodollar” have spiked to a record, and viral posts about Saudi Arabia ditching the greenback have […]

Oil and gas
Crude Oil News

Oil and gas leaders optimistic amid energy transition challenges

June 27, 2024 Stu Turley

Despite significant energy challenges, a recent survey by DNV shows that 68% of leaders in the oil and gas industry are optimistic about growth in the coming year. The survey, titled “The Paradox of Petroleum,” […]

Oil and Natural Gas Industry
Crude Oil News

Oil and Natural Gas Industry Contributes $2.42 Billion in Taxes in 2023

June 27, 2024 Mariel Alumit

Casper, Wyo. – The Petroleum Association of Wyoming (PAW) proudly announces that the oil and natural gas industry has made a monumental contribution of $2.42 billion in taxes to the state of Wyoming in 2023. […]

Equinor
Crude Oil News

Equinor enlists Ocean Installer for SURF EPCI work on $1.1 billion Troll project offshore Norway

June 26, 2024 Mariel Alumit

(WO) – Ocean Installer has been chosen by Equinor and its partners in the Troll A license as the SURF contractor for their new 12 billion NOK ($1.13 billion) investment in the Troll Phase 3 […]

Transocean
Crude Oil News

Transocean drillship staying on Gulf of Mexico duty with US oil & gas firm for another year

June 26, 2024 Mariel Alumit

Switzerland-based offshore drilling contractor Transocean has tucked a multi-million contract extension in the U.S. Gulf of Mexico under its belt for an ultra-deepwater drillship employed by Hess Corporation, a U.S.-based oil and gas player. Set to […]

U.S.
Crude Oil News

U.S. Shale’s “Long Sideways” Movement Suggests Room to Run

June 26, 2024 Mariel Alumit

U.S. oil drilling activity hit a 29-month low last week. In the course of the past nine months, StanChart says that there has been no indication whatsoever of sustained growth in U.S. crude oil production. […]

Crude Oil News

Canada’s Oil Sands Time To Shine!!

June 26, 2024 Andy Del Prado

Daily Standup Top Stories EU Sanctions 17 Ships that Carried Oil for Russia June 25, 2024 Mariel Alumit The European Union placed sanctions on more than two dozen vessels, including 17 that hauled oil for Moscow. […]

Oil
Crude Oil News

New Report Ranks Top 100 Private Oil Drillers

June 25, 2024 Mariel Alumit

After the merger and acquisition frenzy that has characterized the US upstream oil and gas business since 2020, many are left wondering who the most attractive remaining takeover targets might be. Because this spate of […]

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