In a move that’s sending shockwaves through California’s already strained energy sector, oil giant Shell has announced plans to shutter or divest approximately 1,000 retail gas stations nationwide between 2024 and 2025, with significant impacts […]
In the volatile world of energy markets, oil prices have stabilized around $60 to $65 per barrel throughout much of 2025 and into early 2026, a level that might typically pressure major oil companies’ stock […]
In a bold escalation of tensions between the United States and Venezuela, the Trump administration has intercepted a second oil tanker amid an ongoing blockade aimed at crippling the Maduro regime’s oil exports. On December […]
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 […]
Or is this about the Monroe Doctrine? 1. The Trump administration’s actions against Venezuela, including the capture of a “dark fleet” oil tanker. We discuss whether this is more about oil or a show of […]
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 […]
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 […]
On a continent rich in untapped hydrocarbon resources, Africa is positioning itself as a prime destination for oil and gas investments amid global energy demand. From legacy producers like Nigeria and Angola to emerging frontiers […]
As global oil prices hover below $70 per barrel and competition intensifies, major oil companies are achieving a remarkable feat: record or near-record production levels while significantly reducing headcounts. This shift marks what industry insiders […]
In a striking reversal of fortunes for one of Europe’s most environmentally conscious nations, Norway’s oil and gas sector is ramping up investments at a record pace. Just a few years ago, discussions around phasing […]
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