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Home2025May

Month: May 2025

DeepOcean
Finance

DeepOcean expands into APAC and Middle East with Shelf Subsea buy

May 22, 2025 Stu Turley

ENB Pub Note: Interesting merger through a stock buyout. Their 3 offshore vessels work in oil, gas, and look to be some renewable energy. So, a shift looks to be happening to support both offshore […]

Chevron’s platform
Big Oil Companies

One person missing following fire on Chevron’s platform off Angola

May 22, 2025 Mariel Alumit

The Angolan National Agency for Oil, Gas and Biofuels has revealed that one person was missing following a fire on Chevron’s deepwater Benguela Belize Lobito Tomboco (BBLT) oil platform. The fire broke out on May […]

ENB Pub Note

Tense shipping situation in the Baltic as Russia hits out at neighbours

May 22, 2025 Stu Turley

ENB Pub Note: The Russian Dark Fleet is critical to Russia in keeping its oil exports moving through sanctions. Last month, we covered a Chinese cargo ship in the Baltic Sea doing similar cable and […]

IMO
Press

Washington takes another swipe at the IMO in launching flag investigation

May 22, 2025 Stu Turley

The Federal Maritime Commission (FMC) is conducting a nonadjudicatory investigation to examine whether the vessel flagging laws, regulations, or practices of certain foreign governments create unfavourable shipping conditions in the foreign trade of the US. The FMC […]

San Francisco
Finance

As Tech Jobs Plunge in San Francisco & Silicon Valley, Housing Reacts: Condo Prices Drop Back to 2015, Single-Family Home Prices Back to 2018

May 21, 2025 Stu Turley

The massive 10-year home-price spike to 2022 was more than the economy could bear and has done a lot of damage, including to employment, as we can see. By Wolf Richter for WOLF STREET. Highly paid jobs in […]

Harmony platform; Source: Sable Offshore
Crude Oil News

California’s first of three offshore platforms back in oil production business after 10 years

May 21, 2025 Clark Savage

Sable Offshore, a Texas-based oil company, has restarted oil output from a platform off the coast of California, where production has been offline for a decade. Two more platforms are left to be brought back […]

ENB Pub Note

New York Wind Project Revived With Natgas Quid Pro Quo

May 21, 2025 Clark Savage

ENB Pub Note: This is a follow-up story to the one that was run yesterday: “Trump allows Equinor to resume work on wind project off New York.” I added the power mix for the New […]

Russia
Crude Oil News

India’s Oil Imports From Russia on Track for 10-Month High

May 21, 2025 Clark Savage

ENB Pub Note: The global oil demand side of the pricing equation looks at India and China as the two biggest matrices for international pricing. The fact that India is rolling on high import levels, […]

Tesla
Critical Minerals

China dominates global trade of battery minerals – What will it take for the U.S. to get on it’s own production supply line?

May 21, 2025 Stu Turley

ENB Pub Note: The EIA released its report on selected battery trade volumes, which makes us wonder how the United States will compete for batteries and critical minerals. Looking at the AI-generated plans, I am […]

Geopolitical

Japan’s April LNG imports climb

May 21, 2025 Mariel Alumit

The country’s LNG imports rose to 5.37 million tonnes last month compared to 5.28 million tonnes in April 2024. LNG imports also rose compared to 5.15 million tonnes in the prior month. Imports were lower compared to […]

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