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IEA
International News

Is The IEA Too Optimistic About The Energy Transition?

October 31, 2022 Mariel Alumit

IEA’s WEO: Ukraine War and the energy crisis are speeding up the global energy transition. The fast-growing EV market is already causing bottlenecks in the supply of critical battery, and industrial metals. Since the IEA […]

Oil Major
Crude Oil News

Oil Major Earnings Will Reignite The Windfall Taxes Debate

October 27, 2022 Mariel Alumit

The collective profits of Exxon, Chevron, Shell, BP, and TotalEnergies for the last quarter would come in at $50.7 billion. Big oil firms are expected to earn less than in the blockbuster quarter that was […]

Big Oil Companies

Wall Street Breakfast: The Week Ahead

October 23, 2022 Stu Turley

ENB Pub Note: Sources; Bloomberg, CNBC, Reuters, EDGAR.  An interesting week coming around the corner. Tax Credits and investor sentiment drive decisions to invest in renewable energy rather than increase drilling programs. The short answer […]

bp
M & A

bp accelerates and expands in bioenergy, agreeing to buy leading US biogas company Archaea Energy

October 17, 2022 Mariel Alumit

ccelerates bioenergy growth Acquisition of a leading US renewable natural gas (RNG) producer will accelerate growth of bp’s strategic bioenergy transition growth engine Operates 50 RNG and landfill gas-to-energy facilities across US, with development pipeline […]

Peak Oil
Crude Oil News

The Biggest Argument For Peak Oil

October 3, 2022 Mariel Alumit

BP’s peak oil demand prediction in 2020 turned out to be wrong.  A relatively large number of forecasts don’t see peak oil happening within the next few decades. Advancements in ICE engines and increased fuel […]

bp plans
Crude Oil News

bp plans to restart damaged Whiting, Indiana, refinery power system in days

August 30, 2022 Mariel Alumit

(Reuters) bp plans to restore power to a repaired electrical system at its 435,000 barrel-per-day (bpd) Whiting, Indiana, refinery within two to three days, sources familiar with plant operations said on Monday. Repair crews have […]

Aker BP
Exploration and Production

Aker BP Investing Over $15B To Increase Production By 125,000 bpd

August 29, 2022 Mariel Alumit

Oil and gas company Aker BP will invest over $15 billion in development projects on the Norwegian continental shelf over the next five to six years. According to Aker BP, the projects operated by the […]

ESG

Private Equity Is Pouring More Money In Oil And Gas – Looking for alternative investments

August 21, 2022 Mariel Alumit

The ESG investment trend in private equity remains strong in 2022. PE Investors are concerned about the long term profitability of oil and gas portfolios. As oil and gas prices soared over the past year, […]

BP
International News

BP Exiting Mexican Oil Assets

August 16, 2022 Mariel Alumit

BP Plc is seeking to get rid of its oil assets in Mexico amid a shift in its business strategy toward renewable energy and a challenging political climate in the energy sector in the country. […]

BP
Finance

BP Sells Stake In Oil Fields Off Australia To Jadestone

August 1, 2022 Mariel Alumit

Oil and gas company Jadestone has agreed to acquire BP’s entire 16.67 percent working interest in the Cossack, Wanaea, Lambert, and Hermes oil fields in the North Carnarvon basin offshore north-west Australia. The fields, also […]

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