U.S. oil and gas giant Exxon Mobil Corp. (NYSE:XOM) has unveiled plans to increase spending to $28-$33 billion annually with a goal of lifting oil and gas output by 18% by 2030. Exxon has set a […]
Anticipating a potential Donald Trump win over first Joe Biden and then Kamala Harris in the presidential race, officials and bureaucrats have spent the last 12 months pushing out as many new regulations as they […]
New Delhi is interested in boosting long-term supplies of Russian coal and liquefied natural gas (LNG), Moscow’s ambassador to India, Denis Alipov, has said. Speaking at the Oil and Gas Annual Conference in New Delhi […]
Crude oil prices fluctuated today after the Energy Information Administration reported an estimated inventory decline of 1.4 million barrels for the week to December 6. In fuels, however, the EIA estimated sizable builds. The crude oil inventory figure compared with […]
TGS Houston-based oilfield service giant SLB has won a contract from Petrobras for integrated services across all the operator’s offshore fields in Brazil. Under the contract, estimated at about $800m, SLB will oversee the construction […]
The US reversed its forecast for a crude glut next year and is now calling for a small oil-market deficit. Global oil consumption should exceed output by 100,000 barrels a day in 2025, according to […]
Stop the ‘green hallucinationists’ plan to close all 200 coal power plants. December 9, 2024 Clark Savage America continues to subsidize the development of occasionally generated electricity from weather dependent wind turbines and solar panels, to […]
Noble Offshore rig owner Noble Corporation has won three extensions for its rigs but also received one notice of early termination. According to Noble’s latest fleet status report, Japanese oil and gas major Inpex exercised […]
The oil market is bracing for a tough 2025, but Barclays believes the industry’s pessimism might be overdone. Brent crude hovered around $71 per barrel this week, raising chatter of a potential dip into the […]
Weekly Daily Standup Top Stories Trump threatens BRICS December 1, 2024 Clark Savage ENB Pub Note: If the Biden-Harris administration had not weaponized the US Dollar in such a criminal pattern, BRICS would not have gained […]
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