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HomeExploration and Production

Exploration and Production

Russia Drilling in the Antartic created by Grok on X
Crude Oil News

Russia Uncovers 511 Billion Barrels of Oil Beneath Antarctica: A Find That Could End the Continent’s Era of Peaceful Use

August 28, 2025 Clark Savage

In a revelation that has sent shockwaves through the global energy sector and international diplomacy, Russian seismic surveys have uncovered potential oil and gas reserves estimated at a staggering 511 billion barrels in the icy […]

Big Oil Companies

Wall Street Exit Culminates in Climate Group Failure and Halts Activities

August 28, 2025 Clark Savage

In a stunning blow to global climate finance efforts, the Net-Zero Banking Alliance (NZBA)—the world’s largest climate coalition for financial institutions—has suspended its operations and is now polling remaining members on whether to dismantle its […]

Big Oil Companies

Renewable Energy’s Real Cost to Consumers

August 27, 2025 Andy Del Prado

Daily Standup Top Stories The True Cost of Renewable Energy and the Impact on Consumers’ Electrical Bills What does the EU, UK and ERCOT have in common? Stu Turley Climate change supporters and their media […]

Big Oil Companies

BlackRock Gas Deal Shores Up Aramco’s Financial Firepower

August 26, 2025 Clark Savage

In a strategic move that underscores Saudi Aramco’s commitment to bolstering its balance sheet while expanding its natural gas operations, the oil giant has inked an $11 billion lease-and-leaseback agreement with a consortium led by […]

Russian LNG
Crude Oil News

Oil Prices Moving Up as Ukraine Breaks Ranks to Attack Russian Oil

August 25, 2025 Clark Savage

In an escalation of its defense strategy, Ukraine has intensified drone strikes on Russia’s energy infrastructure, targeting oil refineries, pipelines, and storage facilities that fund Moscow’s war machine. These attacks, which have disrupted Russian oil […]

Exploration and Production

Crescent Energy nears deal for US shale peer Vital Energy, sources say

August 24, 2025 Clark Savage

NEW YORK, Aug 22 (Reuters) – Crescent Energy (CRGY.N) is in advanced talks to acquire smaller peer Vital Energy (VTLE.N), people familiar with the matter said on Friday, in a deal that would give the […]

FPSO
Crude Oil News

Chinese Firm Concord Resources Developing Oil Fields in Venezuela

August 23, 2025 Clark Savage

In a significant move amid ongoing geopolitical tensions and U.S. sanctions, private Chinese company China Concord Resources Corp (CCRC), operating under the name Concord Resources, has committed to a $1 billion investment in Venezuela’s oil […]

ENB Daily Standup

Is Gavin Newsom the Next CEO of Chevron? – ENB Weekly Recap

August 23, 2025 Andy Del Prado

Weekly Daily Standup Top Stories Solar Shares Rise as Trump Hit to Credits Softer Than Feared August 17, 2025 Clark Savage In a surprising turn for the renewable energy sector, solar stocks have surged following the […]

Crude Oil News

US Rig Count Falls as Drillers Play it Safe

August 22, 2025 Clark Savage

The U.S. rig count continues its downward trend, reflecting a cautious approach by drillers amid fluctuating oil prices, economic uncertainties, and a focus on capital discipline rather than aggressive expansion. According to the latest data […]

Big Oil Companies

The Trump Administration Opens Massive Oil and Gas Lease Expansion: Who Are the Players?

August 20, 2025 Clark Savage

In a bold move to revitalize American energy production, the Trump administration has unveiled a sweeping offshore oil and gas leasing schedule through the Department of the Interior (DOI). Announced on August 19, 2025, this […]

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