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Home2025May

Month: May 2025

UK oil
Big Oil Companies

Britain’s Plan to Retrain Oil and Gas Workers for Clean Energy Jobs

May 18, 2025 Clark Savage

ENB Pub Note: The following is an interesting article from Felicity Bradstock on Oilprice.com. Britain’s plan to create thousands of clean energy jobs for the oil and gas workers is an example of what won’t […]

Finance

Foreign Investors Loaded Up on Treasury Securities in March Despite all the Turmoil in the Media

May 17, 2025 Stu Turley

And in April, their purchases of long-term securities at Treasury auctions increased. By Wolf Richter for WOLF STREET. Buying US Treasury securities was all the rage among foreign investors in March, despite whatever turmoil there was in the […]

AI

President Trump’s Gulf tour inks significant energy and technology agreements with Saudi Arabia, Qatar, and the UAE.

May 17, 2025 Clark Savage

During President Donald Trump’s Gulf tour from May 13-16, 2025, the United States secured significant energy and technology agreements with Saudi Arabia, Qatar, and the United Arab Emirates (UAE), with a combined value exceeding $2 […]

Trans Mountain Oil Pipeline
Crude Oil News

The Trans Mountain oil pipeline in Canada has changed the export market for Canadian crude

May 17, 2025 Clark Savage

The Trans Mountain Pipeline Expansion (TMX), operational since May 2024, has reshaped Canada’s oil market and export landscape by increasing the pipeline’s capacity from 300,000 barrels per day (bpd) to 890,000 bpd, facilitating greater access […]

International News

Cosco, PetroChina to take delivery of new LNG carrier

May 17, 2025 Mariel Alumit

China’s Cosco Shipping Energy Transportation and PetroChina will soon take delivery of a new liquefied natural gas (LNG) carrier. According to a statement by Chinese shipbuilder Hudong-Zhonghua, the 174,000-cbm LNG carrier Daqing (H1908A) completed its […]

Crude Oil News

Iran’s potential nuclear deal would impact oil price – but the deal is not close

May 17, 2025 Clark Savage

The potential revival of the Iran nuclear deal, formally known as the Joint Comprehensive Plan of Action (JCPOA), and the lifting of sanctions on Iran’s oil and gas exports would likely significantly impact global oil […]

Laredo Oil
Big Oil Companies

U.S. Oil and Gas Drillers Backing Off or Slowing Down

May 17, 2025 Clark Savage

 U.S. oil and gas drillers are slowing down drilling activities, as evidenced by a consistent decline in active rig counts across major basins in 2024 and 2025. This slowdown is driven by several factors: Lower […]

Coal

Singapore’s FueLNG wraps up 400th STS bunkering operation

May 17, 2025 Mariel Alumit

ENB Pub Note: A great article from LNG Prime.  I added the additional information of the Singapore energy mix and who they buy their LNG from. As LNG bunkering is a service for storage for […]

Big Oil Companies

Week Recap: Blackouts, $9 Gas & Shell’s Big Play!

May 17, 2025 Andy Del Prado

Weekly Daily Standup Top Stories U.S. Largest Grid Operator is warning of Summer Power Shortages May 11, 2025 Clark Savage Key Points Research suggests potential summer power shortages in the U.S. grid, especially in PJM’s region, […]

Price
Finance

Moody’s Cuts US Government Credit Rating due to Deficits & Debt, Blames “Successive US Administrations and Congress”

May 16, 2025 Stu Turley

US government kisses its last triple-A credit rating goodbye. Downgrade to “junk” would have been more appropriate? By Wolf Richter for WOLF STREET. The US government lost its last remaining triple-A credit rating late Friday, as Moody’s finally, […]

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