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HomeExploration and Production

Exploration and Production

Oil Prices Could Exceed $140 If China's Economy Fully Reopens
Crude Oil News

Failing To Invest In Oil And Gas Would Be The “Road To Hell For America”

September 22, 2022 Mariel Alumit

The CEO of JP Morgan, Jamie Dimon, said that banks refusing to fund new oil and gas projects would be “the road to hell for America”. An unnamed senior executive at a U.S. bank is […]

ENB Podcast

ENB #74 We visit with Margaret P. Graham, President, MPG Petroleum, And we talk about the energy crisis and her experience as an oil company owner in a traditionally male-dominated industry.

September 17, 2022 Stu Turley

Margarete is an oil leader and an owner of an oil company in a predominantly male-dominated industry. With her feisty spirit, she has never let the ups and downs of the oil industry phase her […]

Global oil and gas
Crude Oil News

Global oil and gas exploration shrinks as companies shift focus to lower-risk core assets and regions

September 8, 2022 Mariel Alumit

Global oil and gas exploration is set to falter this year as the number of licensed blocks and total acreage fall to near all-time lows as the sector struggles to shake off the effects of […]

New British Prime Minister Liz Truss walks outside Number 10 Downing Street
Energy Crisis

UK Prime Minister Liz Truss to scrap frac ban -report

September 7, 2022 Mariel Alumit

 Britain’s new Prime Minister Liz Truss will on Thursday scrap the country’s fracking ban and will seek to make more use of North Sea reserves, the Telegraph newspaper reported. The reported moves are part of what […]

Delfin
Exploration and Production

Delfin and Devon Energy sign LNG export deal

September 5, 2022 Mariel Alumit

The partnership includes an executed heads of agreement (HOA) for long-term liquefaction capacity and a pre-financial investment decision (FID) strategic investment by Devon in Delfin. The HOA provides the framework for finalizing a definitive long-term […]

Shortage
Energy Crisis

Shortage of Frac Gear Helps Hold Back USA Oil Production – How Can We Fix This Problem?

September 4, 2022 Stu Turley

In a dusty corner of Oklahoma, close to where Erle Halliburton founded his eponymous oil services empire 103 years ago, a group of workers shows why US oil production growth has been underwhelming in spite of a […]

Is the US Headed Toward Recession? Here's What S&P 500 Executives Say
Exploration and Production

Here’s What S&P 500 Executives Saying about the U.S. Heading Into A Recession. Should You Even Think About A Depression?

September 3, 2022 Mariel Alumit

The economic slowdown was the fastest growing topic discussed by S&P 500 executives for the second consecutive month, according to an analysis of earnings conference conference calls held in August. As leadership debated the severity of the downturn, inflation […]

Aker BP
Exploration and Production

Aker BP Investing Over $15B To Increase Production By 125,000 bpd

August 29, 2022 Mariel Alumit

Oil and gas company Aker BP will invest over $15 billion in development projects on the Norwegian continental shelf over the next five to six years. According to Aker BP, the projects operated by the […]

Hunter and the big guy
Earnings

Sinopec’s interim profit soars on stronger oil, gas prices -Is Hunter still on the board?

August 28, 2022 Mariel Alumit

China Petroleum and Chemical Corp, or Sinopec Corp, (Hunter Biden possibly still on the board – Story link below and over 1 million barrels of SPR oil purchased by Sinopec.) reported interim net income surged […]

ESG

Oil And Gas Producers To Break New Cash Flow Records – ESG impact contiues by giving profits back to investors

August 27, 2022 Mariel Alumit

Despite rising costs, oil and gas producers globally are expected to book new records in cash flows and offer the best return on capital employed (ROCE) in 15 years, BMO Capital Markets said in a […]

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