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HomeExploration and Production

Exploration and Production

Crude Oil News

TotalEnergies Wins Legal Battle to Shut Down North Sea Oil Fields

August 13, 2025 Clark Savage

In a significant blow to the UK’s domestic energy production, French energy giant TotalEnergies has secured a High Court victory allowing it to decommission the Gryphon floating production, storage, and offloading (FPSO) vessel in the […]

Big Oil Companies

Net Zero Is Being Redefined as Global Failures Mount

August 13, 2025 Andy Del Prado

We are witnessing a total fiscal collapse and deindustrialization in the UK, the EU, and Canada, primarily due to the implementation of Net Zero policies. This and other stories confirm today the path for the […]

ExxonMobil
Big Oil Companies

Trinidad Awards Deepwater Blocks to ExxonMobil and Could See $21.7 Billion Investment

August 12, 2025 Clark Savage

In a significant boost to its energy sector, Trinidad and Tobago has awarded a massive deepwater exploration area to ExxonMobil, marking the oil giant’s return to the twin-island nation after a two-decade hiatus. The deal, […]

Diamondback
Crude Oil News

Diamondback Energy Announces Q2 Earnings and Letter to Stockholders

August 11, 2025 Clark Savage

Diamondback Energy, Inc. (NASDAQ: FANG), a leading independent oil and natural gas company focused on the Permian Basin, released its second-quarter 2025 financial and operating results on August 4, 2025. Alongside the earnings report, the […]

Norway Plans Biggest Frontier Oil and Gas Licensing Round in Years
Crude Oil News

Norway Plans Biggest Frontier Oil and Gas Licensing Round in Years

August 11, 2025 Clark Savage

Norway, Europe’s leading natural gas supplier, is gearing up for its most significant oil and gas licensing round in years, signaling a renewed push to bolster exploration and production amid ongoing global energy demands. The […]

Big Oil Companies

The Global Struggle to Meet Renewable Energy Goals

August 11, 2025 Clark Savage

This gap underscores a broader struggle marked by policy inconsistencies, economic pressures, and geopolitical shifts. As major players like BP pivot away from green investments, wind giant Orsted seeks bailouts amid stock collapses, and the […]

EOG
Big Oil Companies

EOG Resources Q2 2025 Earnings: Robust Production Growth Amid Commodity Price Challenges

August 10, 2025 Clark Savage

EOG Resources, Inc. (NYSE: EOG), one of the leading independent exploration and production companies in the United States, released its second-quarter 2025 earnings on August 7, delivering a performance that highlighted operational efficiency and production […]

Crude Oil News

Liberty Energy Q2 Earnings and Investor Report

August 10, 2025 Clark Savage

Liberty Energy Inc. (NYSE: LBRT), a leading provider of hydraulic fracturing and related services in the oil and gas industry, released its second quarter 2025 earnings on July 24, 2025. The report showcased sequential improvements […]

ExxonMobil
Big Oil Companies

ExxonMobil Begins Production at Fourth Offshore Guyana Project Amid Q2 Earnings Review

August 10, 2025 Clark Savage

In a significant milestone for global energy production, ExxonMobil has commenced operations at its fourth major offshore development in Guyana, the Yellowtail project. This announcement comes on the heels of the company’s second-quarter 2025 earnings […]

Crude Oil News

Oil and Gas Rigs Still Near 3-Year Low and We Need More Online

August 9, 2025 Clark Savage

In the ever-volatile world of energy, the oil and gas sector is facing a paradoxical challenge: rig counts remain stubbornly low, hovering near three-year lows, even as global demand continues to push boundaries. As of […]

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