Daily Standup Top Stories The steep learning curve America faces if it wants to return to previous shipyard glory days April 15, 2025 Stu Turley ENB Pub Note: Interesting article from America’s Shipyards. While we retool the 19,000 manufacturing shops that the Democrats and Republicans shipped to China, we should also look at building our commercial […]
Continue ReadingENB Pub Note: While I do believe we may be at peak production in one basin, here is a new quote for you: \”A country\’s energy output is not defined by one basin.\” There are new developments, new technologies, and areas to drill or produce. So the United States has not hit peak production yet, […]
Continue ReadingENB Pub Note: Excellent article from Tsvetana Paraskova for Oilprice.com. This brings up a talking point that I have been tracking. When the U.S. or other countries need extra money, they just print it, and when countries in OPEC+ that do not have access to print additional revenue, they just drill for oil and gas. […]
Continue ReadingOslo-listed BW Energy has made a final investment decision for the Golfinho Boost project, aiming to increase incremental oil production from 2027 by 3,000 barrels per day. According to the company, the project will also increase uptime and reduce operating expenses at the Golfinho field offshore Brazil. The project includes multiple measures aimed at boosting […]
Continue ReadingDaily Standup Top Stories Free calculator launched for shipowners to navigate IMO’s new green deal April 15, 2025 Stu Turley ENB Pub Note: While guidance and less pollution is a great thing. The belief that you can tax ship owners into using battery-powered ships just won’t make the energy transition happen. First, we are not […] Lower […]
Continue ReadingThe Iraqi Oil Ministry has announced a new subsea oil pipeline deal with Italian offshore contractor Micoperi and Turkish firm Esta. This pipeline, with a capacity of 2.4 million bpd, will support increased exports from Iraq’s southern ports. Turkiye is looking to expand cooperation with Iraq in electricity exports too. Is the Iraq-Türkiye Cooperation Set […]
Continue ReadingUS oil producers are struggling to defend margins at $60 WTI due to additional corporate costs that raise the all-in breakeven price. Trade policies and market volatility are threatening US oil production growth, particularly in the Permian Basin, as companies may need to cut back activity to maintain investor payouts. Increased hurdle rates and debt […]
Continue ReadingDaily Standup Top Stories U.N. Maritime Agency Slaps First-Ever Emissions Tax On Shipping In Latest Money Grab April 14, 2025 Mariel Alumit The International Maritime Organization approved the first global shipping carbon tax, drawing backlash from shippers, oil states, and Trump officials. The UN’s International Maritime Organization (IMO) held a meeting in London on Friday at […]
Continue ReadingENB Pub Note: How this plays into the OPEC and OPEC+ production quotas has yet to be announced. We know that Saudi Arabia needs the 80 dollar range of oil for its fiscal budgets for its social programs, so we may see some production activity announced in the next meeting. The problems with the OPEC […]
Continue ReadingDaily Standup Top Stories DAVID BLACKMON: Reconciliation Permitting Reform Will Make America Go Big Again OPINION April 12, 2025 Clark Savage ENB Pub Note: David Blackmon is a great energy expert in the podcasting arena, and it has been great fun getting to know him over the last several years. I highly recommend following him on […] […]
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