In a strategic move that underscores Saudi Aramco\’s commitment to bolstering its balance sheet while expanding its natural gas operations, the oil giant has inked an $11 billion lease-and-leaseback agreement with a consortium led by BlackRock\’s Global Infrastructure Partners (GIP). This deal, announced on August 14, 2025, involves the Jafurah gas processing facilities and is […]
Continue ReadingENB Pub Note: This article from Irina Slav on Oilprice.com is spot on. She has an absolutely unique view on energy, and is spot on. We will be covering this on the podcast later. Many oil price forecasts, particularly those from the International Energy Agency and net-zero organizations, consistently predict a glut by ignoring contradictory […]
Continue ReadingDaily Standup Top Stories What Does Powell’s Comments in Jackson Hole Mean to the Oil and Gas Markets and Investors? August 23, 2025 Clark Savage Federal Reserve Chair Jerome Powell’s annual address at the Jackson Hole Economic Symposium is always a pivotal moment for global markets, and his 2025 speech, delivered on August 22, was no […]
Continue ReadingIn an escalation of its defense strategy, Ukraine has intensified drone strikes on Russia\’s energy infrastructure, targeting oil refineries, pipelines, and storage facilities that fund Moscow\’s war machine. These attacks, which have disrupted Russian oil production and exports, come amid rising global oil prices as markets react to potential supply shortages. Brent crude futures climbed […]
Continue ReadingIn a bold move echoing his first-term trade policies, President Donald Trump has imposed tariffs and sanctions on India, targeting its massive imports of Russian crude oil. These measures, including a 25% tariff on certain Indian imports tied to Russian energy purchases, aim to curb India\’s role in circumventing Western sanctions on Russia amid the […]
Continue ReadingFederal Reserve Chair Jerome Powell\’s annual address at the Jackson Hole Economic Symposium is always a pivotal moment for global markets, and his 2025 speech, delivered on August 22, was no exception. Titled \”Monetary Policy and the Fed\’s Framework Review,\” Powell signaled a potential shift toward easing monetary policy amid cooling inflation and a softening […]
Continue ReadingIn a significant move amid ongoing geopolitical tensions and U.S. sanctions, private Chinese company China Concord Resources Corp (CCRC), operating under the name Concord Resources, has committed to a $1 billion investment in Venezuela\’s oil sector. This initiative aims to revitalize two underutilized oil fields, potentially boosting Venezuela\’s crude production at a time when the […]
Continue ReadingWeekly Daily Standup Top Stories Solar Shares Rise as Trump Hit to Credits Softer Than Feared August 17, 2025 Clark Savage In a surprising turn for the renewable energy sector, solar stocks have surged following the Trump administration’s latest guidance on tax credits for wind and solar projects. Released on August 15, 2025, the new rules […] […]
Continue ReadingThe U.S. rig count continues its downward trend, reflecting a cautious approach by drillers amid fluctuating oil prices, economic uncertainties, and a focus on capital discipline rather than aggressive expansion. According to the latest data from Baker Hughes, the total number of active drilling rigs in the United States dropped by one to 538 for […]
Continue ReadingIn this episode of Energy Newsbeat – Conversations in Energy, Stu Turley sits down with Adam Hirschfeld, SVP of Workrise, to discuss the evolving landscape of the oil and gas industry. They dive into the impact of AI on energy demand, the challenges of permitting reforms, and the future of natural gas, microgrids, and decentralized […]
Continue Reading