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HomeExploration and Production

Exploration and Production

Big Oil Companies

Daily Energy Standup Episode #231 – Energy Industry Insights: China’s Coal Expansion, COP 28, Natural Gas, Africa’s Resistance, and ExxonMobil’s Deal

October 17, 2023 Andy Del Prado

Daily Standup Top Stories China’s Coal Power Binge Escalates: Over 300 More Plants On The Way October 16, 2023 Mariel Alumit China’s mad dash for coal power continues, even as Western governments tell their citizens to […]

U.S
Big Oil Companies

U.S. oil is back, and ExxonMobil’s $60 billion deal isn’t even the biggest signal

October 16, 2023 Mariel Alumit

After three and a half years, a tripling in the S&P 500 Energy Index, and many soon-to-be-forgotten culture-war volleys, the U.S. Department of Energy announced Oct. 12 that U.S. crude oil production had hit an all-time […]

Crude Oil News

USA EIA Releases Latest Brent Oil Price Forecasts

October 14, 2023 Mariel Alumit

The U.S. Energy Information Administration (EIA) has revealed its latest Brent spot average price forecasts for 2023 and 2024 in its October short term energy outlook (STEO), which was released this week. According to the […]

Texas
Energy Policy

Texas regulator surpasses orphaned oil, gas well plugging targets in Fiscal Year 2023

October 13, 2023 Mariel Alumit

AUSTIN – Fiscal Year 2023 has now come to an end, and the RRC has once again exceeded regulatory goals in its critical mission to protect communities and the environment, while Texas continues to be […]

Shale
Crude Oil News

Shale Consolidation Could Put A Permanent Lid On Oil Output

October 12, 2023 Mariel Alumit

Reuters: the takeover of Pioneer by ExxonMobil may tighten control on production growth further. Energy investors boosted the market cap of the 10 largest shale independents by a total of $16 billion. The era of […]

Israel
Crude Oil News

What the Israel War Means for Oil Prices and Stocks

October 12, 2023 Mariel Alumit

Oil prices started the week of Oct. 9 off with a surge as the war between Israel and Palestinian Islamist militant group Hamas entered its third day, but by the fourth day oil prices had […]

Big Oil Companies

Daily Energy Standup Episode #225 – Discussions on Carbon Disclosure, Geopolitics, the Future of Fossil Fuels, Exxon’s Potential Acquisition and Oil & Gas Market Dynamics

October 9, 2023 Andy Del Prado

Daily Standup Top Stories For Oil, It’s Not 1973 Again – But It Could Still Turn Ugly October 7, 2023 Allen Santos Exactly 60 years ago, the Yom Kippur War of 1973 (October 6 to October […]

Big Oil Companies

Exxon investors ready to embrace buying existing oil over new drilling

October 7, 2023 Mariel Alumit

Exxon Mobil’s investors now prefer the company use its share price and financial might to acquire existing oil and gas production rather than spend on drilling that could take years to pay off. In the last […]

Big Oil Companies

US would struggle to block Exxon’s politically unpopular megadeal

October 7, 2023 Mariel Alumit

The White House may have blamed Exxon Mobil for high energy prices taking their toll on consumers, but would struggle to thwart the top U.S. oil producer’s contemplated $60 billion acquisition of Pioneer Natural Resources, five antitrust lawyers and […]

Exxon Mobil CEO
Big Oil Companies

Exxon CEO’s Quest for Mega Deal Is a Bet on Oil’s Staying Power

October 7, 2023 Mariel Alumit

ExxonStrategic wager on shale would help define CEO Woods’s tenure Raymond’s Mobil merger, Tillerson’s XTO deal are precedents Exxon Mobil Corp. boss Darren Woods is poised to emulate his two predecessors with a career-defining mega deal that — […]

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