ENB Pub Note: Mike Umbro on X – Kern County general fund faces $9 million deficit in 2025 | KGET 17 News Kern County was the #1 oil producing county in the United States in 20213. 12 years later after Newsom’s shutdown…Kern County is broke. Kern County general fund faces $9 million deficit in […]
Continue ReadingPresident Trump\’s new tariffs on energy imports from Canada and Mexico are expected to significantly impact US refiners, particularly those reliant on heavy crude. While Canadian oil imports are likely to continue despite tariffs, Mexican oil imports may see a sharp decline due to alternative sources available to Gulf Coast refiners. These tariffs could lead […]
Continue ReadingDaily Standup Top Stories Venezuela Stops Taking US Deportees After Trump Orders Chevron Out March 11, 2025 Clark Savage ENB Pub Note: We kind of need the Canadian heavy oil sands more now – just saying. In 2023, Chevron’s joint ventures with Venezuela’s state oil company, Petróleos de Venezuela S.A. (PDVSA), were producing approximately […] ‘Strangling Our […]
Continue ReadingDaily Standup Top Stories UK Oil & Gas: Too Legit to Quit, Even for Labour March 10, 2025 Mariel Alumit The Labour government under Keir Starmer has upheld its promise to halt new oil and gas exploration but is now allowing tiebacks—connecting new reserves to existing fields. The government has decided not to renew the […] Whitecap […]
Continue ReadingENB Pub Note: We kind of need the Canadian heavy oil sands more now – just saying. In 2023, Chevron\’s joint ventures with Venezuela\’s state oil company, Petróleos de Venezuela S.A. (PDVSA), were producing approximately 135,000 barrels per day (bpd), according to independent estimates and shipping data. This figure marked a significant increase from 2022 […]
Continue ReadingThe search for a missing crewmember from the containership Solong that struck the tanker Stena Immaculate in the UK North Sea has been called off as fires aboard both ships continued to burn overnight. The 140-m-long Solong, owned by Hamburg-based Ernst Russ, hit the 183-m-long Stena Immaculate while anchored near Hull, rupturing at least one […]
Continue ReadingUK-based energy supermajor Shell has awarded a new contract to one of Noble Corporation’s drillships. Noble said via social media channels that a one firm well plus one option well deal was awarded to the Noble Viking rig. The contract, which is a direct continuation of a previous one, is set to start around the […]
Continue ReadingShandong Yulong Petrochemical is set to begin trial runs at its second 200,000 bpd crude processing unit, increasing China\’s refining capacity. This expansion could lead to a boost in China\’s crude oil imports, despite recent declines. The refiner has been diversifying its crude sources, increasing purchases from West Africa and Brazil. Shandong Yulong Petrochemical, the […]
Continue ReadingWhitecap Resources and Veren have agreed to a $10.4 billion all-share merger, creating a major Canadian oil and condensate producer. The combined company will have an enterprise value of $10.4 billion and produce 370,000 barrels of oil equivalent per day. The merger will create the largest Canadian light oil-focused producer and a significant player in […]
Continue ReadingThe Labour government under Keir Starmer has upheld its promise to halt new oil and gas exploration but is now allowing tiebacks—connecting new reserves to existing fields. The government has decided not to renew the windfall tax on oil and gas companies beyond 2030. Facing declining domestic production, energy security concerns, and industry pushback, the […]
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