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  • [ December 14, 2025 ] Regime Change in Venezuela Will Change the Oil Markets Crude Oil News
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Big Oil Companies

AI

Daily Energy Standup Episode #222 – Switzerland Bans Electric Cars, AI Power Demand Rises, LNG Prices Soften, Biden’s Grid Plan Challenged and OPEC Warns of Underinvestment

October 4, 2023 Andy Del Prado

Daily Standup Top Stories Switzerland plans to BAN electric cars from the roads and order games consoles turned off during power shortages in a bid to reduce energy consumption October 3, 2023 Mariel Alumit Swiss have […]

oil
Big Oil Companies

At least $12 trillion in oil industry investments are needed to prevent a spike in energy prices, OPEC chief says

October 3, 2023 Mariel Alumit

OPEC Secretary-General Haitham Al-Ghais warned that energy prices could spike due to underinvestment. At least $12 trillion needs to be invested in the industry through 2045, he told CNN. “By underinvesting, we are actually endangering […]

oil
Big Oil Companies

Petrobras gets green light to drill oil exploration wells in “promising” region offshore Brazil

October 2, 2023 Mariel Alumit

(Bloomberg) – Petroleo Brasileiro SA received a permit to research oil in a promising offshore region in Brazil’s Northeast as the energy giant seeks to open up new basins to expand production. Brazil’s top environmental […]

Big Oil Companies

Daily Energy Standup Episode #220 – CEOs, Policy, and Global Markets – A Conversation on Current Developments

October 2, 2023 Andy Del Prado

Daily Standup Top Stories No Energy Transition Unless Tech Can Make It Cost Competitive: BlackRock October 1, 2023 Allen Santos There will be no energy transition unless we can find new technologies that bring down the […]

BP
Big Oil Companies

Another BP Executive Departs With US Head Resigning

October 1, 2023 Mariel Alumit

BP Plc.’s US president David Lawler is leaving the British oil giant, becoming the second top executive to quit this month after Chief Executive Officer Bernard Looney abruptly resigned. Lawler, who had been with BP for nine years, “has […]

Big Oil Companies

Sunak’s family firm signed a billion-dollar deal with BP before PM opened new North Sea licences

September 30, 2023 Mariel Alumit

A firm founded by Rishi Sunak’s father-in-law signed a billion-dollar deal with BP two months before the prime minister opened hundreds of new licences for oil and gas extraction in the North Sea. In May, the Times of […]

Big Oil Companies

Daily Energy Standup Episode #219 – Weekly Recap: From Clean Energy Targets to Oil Auction Expansions: Exploring Crucial Energy

September 30, 2023 Andy Del Prado

Daily Standup Weekly Top Stories Recent grid reforms might not be enough for Virginia to hit future clean energy targets, advocates say September 23, 2023 Allen Santos ​ Note to readers: This article has been updated […]

Biden
Big Oil Companies

Biden Said He Would Stop Drilling. Then Reality Hit.

September 29, 2023 Mariel Alumit

Tens of thousands of climate protesters who filled Midtown Manhattan last week directed their anger at President Biden, who has done more to combat climate change than any of his predecessors. But in their view, […]

ExxonMobil
Big Oil Companies

ExxonMobil lobbies Biden administration for tax credits for hydrogen made from natural gas

September 28, 2023 Mariel Alumit

(Bloomberg) – ExxonMobil Corp. is lobbying the Biden administration to allow hydrogen made from natural gas to qualify for some of the most lucrative subsidies available in the President’s signature climate law, pushing for billions […]

Saudi
Big Oil Companies

Saudi Arabia and Russia Win Big in Gamble on Oil Cuts

September 28, 2023 Mariel Alumit

Saudi Arabia and Russia have raked in billions of dollars in extra oil revenues in recent months, despite pumping fewer barrels, after their production cuts sent crude prices soaring. The cutbacks were a risky strategy, […]

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