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HomeOilfield Service

Oilfield Service

Rig Countdown by 6 this week
Crude Oil News

US Oil Drillers Drop 6 Rigs This Week According to Baker Hughes: What Is the Impact to Consumers and Investors?

December 20, 2025 Clark Savage

In the latest Baker Hughes weekly report, the US oil and gas rig count declined, reflecting ongoing challenges in the energy sector amid fluctuating prices and market pressures. The total active drilling rigs fell by […]

Big Oil Companies

Will Oil Be the Next in the Commodity Bull Run?

December 16, 2025 Clark Savage

ENB Pub Note: This is a fantastic article from the Merchant’s News Substack by Giacomo Prandelli. We highly recommend subscribing to and reading his Substack. Stu Turley just had an interview with Giacomo, and the […]

Big Oil Companies

Alaska LNG Pipeline Gets Final Approvals Ahead of Schedule

December 15, 2025 Clark Savage

In a major boost for U.S. energy infrastructure and Alaska’s economy, the Alaska LNG project has secured all necessary federal permits ahead of schedule, paving the way for what could become one of the largest […]

Crude Oil News

Global Oil Demand to Increase Over the Next 15 Years: What Does This Mean for Investors?

December 14, 2025 Clark Savage

In a world increasingly focused on energy transitions and geopolitical tensions, recent projections paint a picture of sustained growth in global oil demand. According to a report from the CNPC Economics and Technology Research Institute, […]

Crude Oil News

EIA forecasts U.S. crude oil production will decrease slightly in 2026

December 13, 2025 Stu Turley

 In-brief analysis December 12, 2025 EIA forecasts U.S. crude oil production will decrease slightly in 2026 Data source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO), December 2025   In our latest Short-Term Energy Outlook, we forecast U.S. crude […]

Crude Oil News

A Challenging and Volatile Year for U.S. Shale

December 13, 2025 Clark Savage

Oil had a weak and volatile year, while natural gas outperformed on the back of LNG approvals, higher breakevens, and emerging data-center demand. Despite price pressure, U.S. E&Ps outperformed expectations, and production is unlikely to […]

Crude Oil News

US Rig Count Up Amid Continued Glut Warnings

December 12, 2025 Clark Savage

The US oil and gas sector is showing signs of resilience with a recent uptick in drilling activity, even as analysts sound alarms over an impending global oil surplus. According to the latest Baker Hughes […]

Steady growth ahead
Crude Oil News

Oil Down Amid Geopolitical Turmoil: Are We Poised for a Price Spike?

December 11, 2025 Clark Savage

In the volatile world of energy markets, oil prices have taken a surprising dip in recent weeks, even as a confluence of bullish factors and escalating geopolitical tensions suggests the potential for a sharp reversal. […]

ExxonMobil's Low-Carbon Retreat Dovetails Neatly with Trump's Energy Policy Revolution
Carbon Capture

ExxonMobil’s Low-Carbon Retreat Dovetails Neatly with Trump’s Energy Policy Revolution

December 10, 2025 Clark Savage

In a bold pivot that echoes the incoming Trump administration’s emphasis on energy dominance and deregulation, ExxonMobil has announced a significant reduction in its low-carbon investments, slashing spending by a third from $30 billion to […]

TotalEnergies
Big Oil Companies

Why Are the Supermajor Oil Companies Rushing into Libya at the Same Time?

December 8, 2025 Clark Savage

In a move that feels like a seismic shift in the global energy landscape, the world’s biggest oil giants—ExxonMobil, Chevron, BP, Shell, TotalEnergies, and Eni—are all piling into Libya simultaneously after more than a decade […]

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