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Home2025January

Month: January 2025

Viper Energy to Acquire Sitio Royalties in $4.1 Billion Stock Deal: A Game-Changer for Permian Basin Investors
Crude Oil News

Dallas Fed Energy Survey

January 3, 2025 Mariel Alumit

Current Report Fourth Quarter | January 2, 2025 Oil and gas activity edges higher as outlooks brighten What’s New This Quarter Special questions this quarter focus on capital spending in 2025, the oil price firms use […]

Crude Oil News

‘Not much good news’ on US sanctions – Serbian president

January 3, 2025 Andy Del Prado

Aleksandar Vucic has vowed to protect Serbia’s energy security following talks with a top US energy official Serbian President Aleksandar Vucic has acknowledged forthcoming challenges regarding potential US sanctions against Naftna Industrija Srbije (NIS), a […]

hurricane season
Big Oil Companies

Signs of Optimism in Oil Markets as a New Year Begins

January 3, 2025 Clark Savage

ENB Pub Note: Michael and I will cover this report from Oilprice.com and other items for a New Year’s Look into the Energy Markets on Monday’s Podcast. Oil markets have started the year with a […]

Oil Prices
Finance

Oil Prices Set to Start the Year With a Weekly Gain

January 3, 2025 Mariel Alumit

Crude oil prices were set to end the first week of the new year with gains, following a shift in sentiment among traders, based on the latest economic indicator readings and expectations of growth-stimulating government […]

Equinor
Imports

Norway’s Equinor shuts Hammerfest LNG terminal

January 3, 2025 Mariel Alumit

Gassco data showed on Thursday that Hammerfest LNG will be offline until January 9, 2025. LNG Prime invited Equinor to comment on the matter. In April 2024, Equinor also closed the facility due to a […]

LNG
Finance

Ukrainian gas block to force up Asian LNG price – Bloomberg

January 3, 2025 Mariel Alumit

Kiev ended the transit of Russian gas to the EU on January 1 after refusing to extend a five-year contract with Moscow The cessation of natural gas flows from Russia to European consumers following Kiev’s […]

Euro
Finance

Euro falls to two-year low against dollar

January 3, 2025 Mariel Alumit

The euro has fallen to its weakest level against the US dollar in more than two years, reaching EUR/USD 1.03. The slump comes amid Germany’s continued economic stagnation and an EU-wide energy crunch. The euro […]

Russian gas transit
Energy Crisis

Kiev faces $1 billion in annual losses after halting Russian gas transit – Reuters

January 3, 2025 Mariel Alumit

Ukraine plans to make up the revenue by raising tariffs on local industries, the news agency has said Ukraine’s decision to cease transit of Russian natural gas to Europe will cost up to $1 billion […]

Biden
Energy Crisis

Biden to block Trump’s energy plans before exit – Bloomberg

January 3, 2025 Mariel Alumit

The outgoing president reportedly intends to ban oil and gas drilling in large tracts of US coastal waters US President Joe Biden will invoke a 70-year-old law in a bid to stop incoming President Donald […]

Bills
Climate Crisis

Wind And Solar: The Hidden Truth Behind Those Rising Electric Bills

January 3, 2025 Mariel Alumit

As nations embrace ‘cheap’ solar and wind power, a strange reality emerges: Power bills soar, exposing the true cost of the green energy agenda. As nations use more and more supposedly cheap solar and wind […]

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