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Insurance
Crude Oil News

Insurance checks instituted for Russian shadow fleet passing through the Baltic

December 17, 2024 Mariel Alumit

A number of European nations have followed the lead taken by the UK in demanding insurance details from Russian-linked ships passing through their waters, something that is expected to put pressure on Russia’s exports through […]

Syria at war created by Grok on X
Crude Oil News

What Does The Fall Of Assad’s Syria Mean To The Key Players In The Middle East?

December 16, 2024 Clark Savage

ENB Pub Note: I am visiting with George McMillian on key pipeline issues and have several podcasts recorded on the geopolitical impacts of Syria and the Middle East on energy. This article from Simon Watkins […]

Forget Short-Term Noise: Oil Prices Are All About the Long-Term Trend
Crude Oil News

Forget Short-Term Noise: Oil Prices Are All About the Long-Term Trend

December 16, 2024 Clark Savage

Well, it is year end 2024, time for all respectable pundits to earn their keep by making predictions or by bloviating on the latest topic somebody has latched onto. So, we approached our favorite pundit, […]

Russian ships
Crude Oil News

Storms take out three Russian ships in a day

December 16, 2024 Mariel Alumit

Screenshot Stormy seas saw three ships run into difficulty in and around Russia’s Kerch Strait yesterday. The Volgoneft-212, built in 1969, carrying some 4,300 tonnes of fuel oil, broke in half, while another laden elderly […]

Northern Sea Route
Crude Oil News

Through ice and fire: The untold story of Russia’s Northern Sea Route

December 15, 2024 Mariel Alumit

An early near disaster hasn’t deterred Moscow from pursuing its ambitions along the world’s coldest shipping thoroughfare The Northern Sea Route (NSR), known in Russian as Sevmorput, is a vital transportation artery spanning the country’s […]

Crude Oil News

North Korean troops join Russian assaults ‘in significant numbers’ – Oil for Troops Trade

December 15, 2024 Clark Savage

ENB Pub Note: In an interesting twist, the North Korea/Russian Troop trade may be the first Oil for Troops agreement. Russia has begun using North Korean troops in significant numbers for the first time to […]

US
Crude Oil News

US to sanction Serbia’s main oil company – Vucic

December 15, 2024 Clark Savage

Decision to impose sanctions on NIS is due to its Russian ownership, the Serbian president has stated US is set to slap sanctions on Serbia’s oil and gas company NIS due to its Russian ownership, […]

Russia
Crude Oil News

Russia and India strike largest-ever energy deal – Reuters

December 13, 2024 Mariel Alumit

Rosneft will reportedly supply nearly 500,000 barrels of oil per day to Indian private refiner Reliance Russia’s state energy giant Rosneft has agreed to supply nearly 500,000 barrels per day of various crude grades to […]

Argentina Drilling Rig created by Grok on X
Crude Oil News

Argentina’s crude oil and natural gas production near record highs

December 12, 2024 Mariel Alumit

Data source: U.S. Energy Information Administration and Argentina Ministry of Energy (Secretaría de Energía de la República Argentina [SESCO]) Crude oil and natural gas production in Argentina are both nearing record highs, driven by increasing output […]

Big Oil Companies

Exxon to Increase Oil Production by 18% By 2030

December 11, 2024 Clark Savage

U.S. oil and gas giant Exxon Mobil Corp. (NYSE:XOM) has unveiled plans to increase spending to $28-$33 billion annually with a goal of lifting oil and gas output by 18% by 2030. Exxon has set a […]

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