This was a wild week in the energy space. The geopolitical tensions around the world are driving oil prices to $77, and if Iran\’s oil export capacity is diminished, we may see some short-term spikes to $100. For our oil and gas investors who follow Energy News Beat, this is what Stu has been predicting. […]
Continue ReadingDaily Standup Top Stories Trump reveals Iran would ‘like to talk’ about a nuclear deal since they’re ‘not winning’ war against Israel June 16, 2025 Clark Savage ENB Pub Note: This update from The New York Post highlights several key issues. First, there is a willingness from Iran to talk, and President Trump wants them to […]
Continue ReadingThe Middle East is once again at the epicenter of global energy market concerns as tensions between Israel and Iran escalate, raising fears of disruptions to oil and natural gas supplies. Despite recent military strikes targeting energy infrastructure, Rystad Energy, a leading energy consultancy, maintains that Brent crude oil prices are likely to remain capped […]
Continue ReadingA U.S. trade court ruled President Trump exceeded his authority by imposing tariffs, reinforcing congressional control over trade. Oil prices rose over 1% as traders welcomed the ruling and bullish signals from demand forecasts countering glut concerns. Analysts remain cautious due to expected OPEC+ supply increases and the limited impact of new U.S. sanctions on […]
Continue ReadingOil and gas firms are focusing on infrastructure-led exploration (ILX) near existing fields to reduce costs and shorten development timelines. Spending on exploration remains subdued, holding steady at $50–60 billion annually since 2016. Companies prioritize smaller, quicker-return projects over high-risk frontier plays. Oil and gas companies are looking to get the most bang for their […]
Continue ReadingDaily Standup Top Stories Oil Is Not Out of the Woods Yet September 18, 2024 Stu Turley Crude oil prices revived this week with WTI recovering to $70 per barrel. This week, the climb is being fueled by the U.S. Federal Reserve, which is later today expected to announce the first rate […] Relying on electricity interconnectors […]
Continue ReadingDaily Standup Top Stories ADNOC Moves Ahead With Huge LNG Export Project in UAE June 12, 2024 Mariel Alumit Abu Dhabi’s national oil company ADNOC has taken the final investment decision to move forward with the Ruwais LNG project, which will more than double the existing LNG production capacity in the United Arab Emirates. […] U.S. LNG […]
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