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Big Oil Companies

BP, Shell, and Exxon Signal One Thing: Oil Isn’t Going Anywhere

March 29, 2025 Clark Savage

BP, Shell, Exxon, and Chevron are boosting fossil fuel investments after disappointing returns on green energy ventures. BP is increasing oil and gas spending by 25% and Shell is prioritizing LNG growth. U.S. supermajors stayed […]

Big Oil Companies

Week Recap: Energy Shake-Up: Coal Surges, Net Zero Stalls, Oil Returns

March 29, 2025 Andy Del Prado

Weekly Daily Standup Top Stories The UK’s Heathrow Power Outage sheds light on Net Zero Policies March 21, 2025 Clark Savage Net Zero has forced global financial and companies to become carbon-neutral. But the why is […]

Exploration and Production

BP Approves Major Trinidad and Tobago Natural Gas Project

March 27, 2025 Clark Savage

BP approved on Thursday the development of the Ginger natural gas project offshore Trinidad and Tobago, which will be one of the ten major new projects that the UK supermajor promised to start up by 2027. In […]

Iraq
Crude Oil News

With BP’s Megadeal Approved, Is the West Back in Iraq?

March 25, 2025 Mariel Alumit

Iraq approved BP’s $25B contract to develop key Kirkuk oil fields. The Western megadeals may stabilize Iraq’s oil ambitions and play a role in softening Baghdad–Erbil tensions. The BP deal signals a potential resurgence of […]

North Sea
Big Oil Companies

British Oil Sector Hinges on Shell’s Future

March 24, 2025 Clark Savage

Shell is considering a potential delisting from the London Stock Exchange, which could have significant implications for BP’s future. BP is facing investor pressure for strategic changes and may be open to a merger, with […]

Seapeak
Big Oil Companies

BP exercises option to terminate charter deal for Seapeak LNG carrier

March 18, 2025 Mariel Alumit

Stonepeak’s Seapeak said in its results report that the vessel in question is the 2018-built 174,000-cbm, Seapeak Glasgow, which is currently on charter to BP Gas Marketing. “In February 2025, the charterer exercised its option […]

Coal Demand
Big Oil Companies

Just 36 Companies Responsible for Half of Global Emissions

March 15, 2025 Clark Savage

ENB Pub Note: Excellent article from Oilprice.com. Felicity points out some outstanding points about the 36 companies that are the world’s biggest carbon emissions producers. What is missing from this discussion is the definition of […]

Big Oil
Big Oil Companies

Big Oil Shifts Funding Away From Green Energy Companies, But Will It Last?

March 7, 2025 Mariel Alumit

Despite Big Oil funding green energy, BP, Shell, and others are scaling back wind and solar investments, signaling a shift toward traditional energy. ​For years, groups like the Heartland Institute, CFACT, and other climate and energy […]

Oil And Gas
Big Oil Companies

Despite Media Mewling, Energy Giants Smartly Shift From Renewables To Lucrative Oil And Gas

March 4, 2025 Mariel Alumit

Despite media whining, oil giants are dumping renewables and net-zero goals in favor of profitable oil and gas. ​Rigzone and The Telegraph, among other outlets, are reporting that many major energy companies are tempering net-zero […]

BP
Big Oil Companies

BP cuts renewables investments by $5bn, sets sights firmly on oil and gas

February 27, 2025 Mariel Alumit

UK-based energy giant BP has announced it will cut its renewable energy investments and instead increase its investment in oil and gas production. The company buckled under pressure from investors who were unhappy over the […]

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