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HomeExploration and Production

Exploration and Production

Crude Oil News

ExxonMobil Q3 Earnings Rock with Record Guyana and Permian Output and What Does This Mean for Investors?

November 1, 2025 Clark Savage

ExxonMobil Corporation (XOM) delivered a powerhouse performance in the third quarter of 2025, underscoring its operational prowess amid a challenging energy landscape. The company reported GAAP earnings of $7.5 billion, or $1.76 per share, marking […]

BP, Eni and TotalEnergies Warn the “2026 Oil Glut” Is a Mirage
Crude Oil News

AEC’s State of African Energy 2026 Outlook: Onshore Hydrocarbon Spending in Africa Set to Hit $22 Billion

October 31, 2025 Clark Savage

The African Energy Chamber (AEC) has released its highly anticipated State of African Energy 2026 Outlook, painting a picture of steady growth and untapped potential in Africa’s onshore oil and gas sector. According to the […]

Crude Oil News

U.S. Rig Count Falls Despite Record Production, and Draws from Inventories

October 31, 2025 Clark Savage

In the ever-volatile world of energy markets, the U.S. oil and gas sector continues to defy simple narratives. As of late October 2025, the U.S. rig count has dipped to 550 active rigs, marking a […]

Crude Oil News

Oil Steadies as Traders Eye Geopolitical Issues and US Calming Moves on Venezuela

October 31, 2025 Clark Savage

In the volatile world of energy markets, oil prices have found a moment of stability heading into the weekend, with traders closely monitoring a mix of geopolitical tensions and reassuring signals from the US regarding […]

Crude Oil News

George Harmer: Halting Oil Production Could Make Santa Barbara County Beaches Dirtier and Kill Tourism

October 31, 2025 Clark Savage

ENB Pub Note: This article is from Noozhawk in Santa Barbara, and was written by George Harmer. George was on the ENB podcast with Stu Turley and Steve Hilton, the Governor Candidate for California. Gavin […]

Chevron
Crude Oil News

Chevron Beats Estimates as the Hess Deal Contributes to Oil Production

October 31, 2025 Clark Savage

In a resilient performance amid fluctuating oil prices, Chevron Corporation (NYSE: CVX) reported third-quarter 2025 earnings that surpassed Wall Street expectations, bolstered significantly by the recent integration of Hess Corporation’s assets. The acquisition, completed in […]

AI

Energy Addition, Not Transition — What It Really Means for Investors

October 30, 2025 Andy Del Prado

In the global energy landscape, the narrative of a swift “transition” away from fossil fuels to renewables has dominated headlines. However, a closer examination of demand trends, investment patterns, and infrastructure realities reveals a different […]

25 Basis Points
Big Oil Companies

The Fed Cuts Interest Rate Again in 2025 – What does this mean to Energy?

October 29, 2025 Clark Savage

In a move aimed at bolstering a softening labor market amid lingering economic uncertainties, the Federal Reserve announced its second interest rate cut of 2025 on October 29. This decision underscores the central bank’s shift […]

Flames emerge from flare stacks at Nahr Bin Umar oil field, north of Basra, Iraq September 16, 2019. Source Reuters
Big Oil Companies

BP’s New $25 Billion Investment in Iraq’s Kirkuk Fields Is Far More Than an Oil Project—It’s a Geopolitical Pivot

October 29, 2025 Clark Savage

In a bold move that underscores the intertwining of energy ambitions and regional politics, British Petroleum (BP) has activated a massive $25 billion redevelopment project in Iraq’s northern Kirkuk region. This investment, formalized earlier in […]

ENB Pub Note

Iraq Secures First Floating LNG Import Platform Deal with U.S. Firm

October 28, 2025 Clark Savage

In a landmark move for Iraq’s energy sector, the country has inked its inaugural agreement for a floating liquefied natural gas (LNG) import terminal with U.S.-based Excelerate Energy, Inc. This deal, valued at approximately $450 […]

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