Weekly Daily Standup Top Stories Why Spain’s Rooftop Solar Owners Weren’t Spared From the Blackout May 4, 2025 Clark Savage ENB Pub Note: Rooftop solar panels on homes are not bad; they must be appropriately designed and set up for disaster use. I have taken the time to learn how to get the rooftop solar, […] Saudis […]
Continue ReadingENB Pub Note: This quiet story of the U.S. and Russia looking at bringing natural gas back to the EU has a lot of implications that I have been talking about for a long time. George McMillan, Energy News Beat contributor on the podcast, talked about the Trump administration team not understanding Putin\’s motivation, and […]
Continue ReadingENB Pub Note: Sanctions don\’t work as intended is a great line that Irina Slav has said. There are an estimated 1400 dark fleet tankers, and 230 being sanctioned is inconvenient for Russia, but won\’t stop the oil trade. It will be the secondary sanctions that the U.S. would put in place against China\’s or […]
Continue ReadingBrazilian state-owned giant Petrobras has revealed it will decommission almost 70 offshore platforms and FPSOs, three of which it has already decided to repurpose. Petrobras said that it is planning on decommissioning 68 platforms, two this year and a total of ten by 2029. The remaining 58 will be removed after that. This is according […]
Continue ReadingSource: The Crude Truth Substack, Rey Trevino It brings up some interesting points about an American Company helping a foreign country to overproduce their OPEC+ production quotas. We have often wondered why they were not adhering to their agreed-upon quotas, but we have to look at the individual government’s need for cash for the answer. […]
Continue ReadingDaily Standup Top Stories Why did Saudi Arabia raise prices to the Asia market while increasing OPEC+ production quotas? May 7, 2025 Clark Savage Earlier this week, I published an article titled “What does the OPEC+ increase of 411,000 mean to the United States?” I was asked about Saudi Arabia’s increase in the Asia market and how […]
Continue ReadingARO Drilling, a joint venture of New York-listed offshore driller Valaris, has signed extensions for five jackup rigs with Saudi giant Aramco. The extensions, all for five years, were signed for the Valaris 250, Valaris 116, Valaris 146, Valaris 140, and Valaris 141 or as ARO Drilling referred to them in its statement, the Bob […]
Continue ReadingMake no mistake, Doomberg is a national treasure. I have thoroughly enjoyed my podcasts with him, and his Substack is worth every penny. The last time Doomberg was on the podcast, we had Chris Wright, our new Secretary of Energy, on the panel. This podcast is also going out on David Blackmon’s Substack and podcast […]
Continue ReadingEarlier this week, I published an article titled “What does the OPEC+ increase of 411,000 mean to the United States?” I was asked about Saudi Arabia\’s increase in the Asia market and how it would impact the United States. Those two points are broken out into sections below. They seem to be trying to make too […]
Continue ReadingDaily Standup Top Stories Saudi Arabia’s Budget Deficit Surged Before the Oil Price Crash May 6, 2025 Clark Savage ENB Pub Note: The story below is from Tsvetana Paraskova on Oilprice.com, and she has some great points about the Saudi Budgets. I have been saying that the Saudis need the $80 to $85 oil, […] US Cut […]
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