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HomeCrude Oil News

Crude Oil News

Crude Oil News

Explosion rocks Trans-Niger Pipeline in Rivers

March 18, 2025 Clark Savage

An explosion has rocked the Trans-Niger Pipeline at Bodo, Gokana Local Government Area of Rivers State. The affected section of the major pipeline is currently on fire, though the exact cause of the explosion remains […]

Crude Oil News

Harold Hamm: ‘Drill, Baby, Drill’ Needs $80 Oil – Or as Stu says, “Drill baby Drill when fiscally responsible”

March 18, 2025 Clark Savage

ENB Pub Note: Stu has been saying that the oil price for 2025 needs to be at the $80 mark for “Drill baby Drill when fiscally responsible.” ESG has had one impact on Exploration and […]

Oil Well off West Africa - created by Grok on X
Crude Oil News

Wall Street Braces for Oil in $60s Range on Tariff, OPEC+ Risks

March 17, 2025 Clark Savage

ENB Pub Note: While much of the markets are looking to the bearish side of the oil market, I am almost in the perma bull market looking to the $80 dollar, and Michael is leaning […]

Exxon
Crude Oil News

Guyana’s Oil Exports Skyrocket—And Europe’s Refiners Love It

March 16, 2025 Clark Savage

Guyana’s oil production and exports are surging, with output exceeding 660,000 bpd and expected to reach 1.3 million bpd by 2030. Europe is the biggest buyer of Guyana’s crude, with 66% of its exports heading […]

Trump
Crude Oil News

U.S. Rig Count Stalls as Oil Prices Keep Drillers in Check

March 15, 2025 Clark Savage

The total number of active drilling rigs for oil and gas in the United States held steady this week, according to new data that Baker Hughes published on Friday, following a 1-rig decrease in the […]

No Picture
Climate Crisis

EPA Unleashes 31 Actions To Overturn Biden- and Obama-Era Regulations, Boost American Power

March 14, 2025 Stu Turley

The EPA is reconsidering various regulations on power plants, oil and gas facilities, and coal plants to jumpstart growth and unleash American energy. ​The Environmental Protection Agency (EPA) announced Wednesday that it is introducing 31 […]

coal
Climate Crisis

EPA Battles America’s Most Destructive Regulatory Action: The Endangerment Finding

March 14, 2025 Stu Turley

The EPA is challenging the ‘endangerment finding,’ the most destructive regulatory action in US history. The move is both logical and scientific. ​Great news! The EPA just announced it’s challenging the single most destructive regulatory […]

BW Offshore
Big Oil Companies

BW Offshore sells FPSO to Murphy Oil for $125m

March 13, 2025 Mariel Alumit

Floater specialist BW Offshore has sold the FPSO BW Pioneer to US oil and gas player Murphy Oil subsidiary. The FPSO was sold for $125m which includes an initial payment of $100m upon delivery of […]

Crude Oil News

Kern County, California, general fund faces $9 million deficit in 2025

March 12, 2025 Clark Savage

ENB Pub Note: Mike Umbro on X – Kern County general fund faces $9 million deficit in 2025 | KGET 17 News Kern County was the #1 oil producing county in the United States in […]

Tariffs
Crude Oil News

Trump Tariffs Threaten U.S. Oil Refiners

March 12, 2025 Mariel Alumit

President Trump’s new tariffs on energy imports from Canada and Mexico are expected to significantly impact US refiners, particularly those reliant on heavy crude. While Canadian oil imports are likely to continue despite tariffs, Mexican […]

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