Current Report Oil and gas activity contracts slightly as uncertainty remains elevated What’s New This Quarter Special questions this quarter focus on changes to 2025 drilling plans, the impact of import tariffs on drilling plans and well costs, the expected impact of lower oil prices on oil production and service firm pricing and whether produced […]
Continue ReadingSyria’s oil sector, long crippled by civil war and international sanctions, is showing signs of revival following the dramatic ousting of President Bashar al-Assad in December 2024. The restart of the Banias oil refinery, one of Syria’s largest, marked a significant milestone, with fuel shipments resuming for the first time since the regime change. This […]
Continue ReadingENB Pub Note: This is a fantastic article by friends of the Energy News Beat podcast, Nathan Hammer and Ronald Stein! This is an excellent article that was initially published on America Out Loud News, and we recommend following both Ronald and Nathan. California’s “Green” and “Net Zero” policymakers that wish to “transition away from […]
Continue ReadingDaily Standup Top Stories California is a National Security Risk, Funding the Ukrainian/Russian War, and Closing Refineries in California June 30, 2025 Clark Savage California, often seen as a leader in environmental policy, is facing a paradox that could have far-reaching implications for national security, economic stability, and international relations. The state’s energy policies, driven by […]
Continue ReadingDaily Standup Top Stories Clean Energy Gutted in Last-Minute Rewrite of Trump’s $1.2T Senate Tax Bill June 30, 2025 Clark Savage In a stunning turn of events, Senate Republicans have delivered a seismic blow to the clean energy sector with sweeping last-minute revisions to President Donald Trump’s $1.2-trillion “One Big, Beautiful Bill.” The amendments, inserted just […] […]
Continue ReadingCalifornia, often seen as a leader in environmental policy, is facing a paradox that could have far-reaching implications for national security, economic stability, and international relations. The state\’s energy policies, driven by a push for lower carbon emissions, have inadvertently positioned California as a funder of the ongoing conflict between Ukraine and Russia and a […]
Continue ReadingOslo-listed jackup rig player Shelf Drilling has landed a five-year contract extension with Saudi Aramco for its High Island V unit. The total added contract value is about $133m, the UAE-based company said in a filing. Is Oil & Gas Right for Your Portfolio? The extension will take effect immediately following the current fixture, securing […]
Continue ReadingNorwegian energy giant Equinor has struck oil in the Arctic Barents Sea, announcing a significant discovery near its Johan Castberg field, which could bolster reserves at one of Norway’s most promising oilfields. The find, located in exploration well 7720/7-DD-1H (Drivis Tubåen), is estimated to hold between 9 and 15 million barrels of recoverable oil, with […]
Continue ReadingDaily Standup Top Stories Big Beautiful Bill May Still Yet End the Green New Deal June 29, 2025 Clark Savage Senate Republicans have taken a significant step toward passing President Donald Trump’s sweeping legislative package, dubbed the “One Big Beautiful Bill Act,” with a narrow 51-49 procedural vote on June 28, 2025. This $4.5 trillion […] UK […]
Continue ReadingIn a move that has sparked both environmental and energy security debates, California’s state Senate recently introduced a landmark resolution to scrutinize the state’s reliance on crude oil imports from the Amazon, particularly from Ecuador. This decision follows a visit from Indigenous leaders from Ecuador’s Amazon, including Juan Bay, president of the Waorani Nation, Jhajayra […]
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