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HomeExploration and Production

Exploration and Production

BP chairman
Exploration and Production

BP chairman to step down following strategy change

April 7, 2025 Mariel Alumit

UK-based supermajor BP chairman Helge Lund has revealed his intention to step down from the role in due course. BP said that the board of directors will work with Lund to ensure an orderly transition […]

Biofuel

Week Recap: Trump’s Energy Moves, Hydrogen Hype, and Orphan Wells Explained

April 5, 2025 Andy Del Prado

Weekly Daily Standup Top Stories Why the Rubio Ceasefire Plan is DOA Part 8: The BLUF and the Overview of the Next Tranche of Papers March 30, 2025 George McMillian ENB Pub Note: George McMillan, an […]

Cypre gas
Crude Oil News

BP launches production at Cypre gas project in Trinidad and Tobago

April 3, 2025 Mariel Alumit

BP’s Cypre development, located offshore Trinidad and Tobago, has delivered its first gas. The Cypre gas field is located 78 kilometers off the southeast coast of Trinidad and Tobago within the East Mayaro Block, in […]

Crude Oil News

Trump halts historic orphaned well-plugging program

April 2, 2025 Clark Savage

ENB Pub Note: This is a critical story, and we will dig into this issue. The program in the IRA allocated $1.55 billion to the MERP, with $350 million designated as formula grant funding to […]

EIA News

Peak Permian: Timing uncertain

April 1, 2025 Andy Del Prado

Daily Standup Top Stories Norway’s Oil Fund to Buy Stakes in Offshore Wind for $1.5 Billion March 31, 2025 Clark Savage The world’s biggest sovereign wealth fund, Norway’s $1.8 trillion oil fund, will buy 49% in […]

Crude Oil News

WTI Soars Nearly 3% on Trump’s Russia, Iran Threats

March 31, 2025 Clark Savage

ENB Pub Note: As of recent data, the United States consumes approximately 20 million barrels of oil per day. This figure is based on averages from 2023 and 2024, with the U.S. Energy Information Administration […]

Crude Oil News

Peak Permian Production – Is it near or is it past already?

March 31, 2025 Clark Savage

We may slow down, but we still have growth available. At what cost is yet to be determined. Predicting the exact timing of peak oil production in the Permian Basin is complex and depends on […]

Big Oil Companies

BP, Shell, Exxon: Oil’s Future

March 31, 2025 Andy Del Prado

Daily Standup Top Stories Why the Rubio Ceasefire Plan is DOA Part 8: The BLUF and the Overview of the Next Tranche of Papers March 30, 2025 George McMillian ENB Pub Note: George McMillan, an ENB […]

oil well drill ship created by Grok on X
Big Oil Companies

BP, Shell, and Exxon Signal One Thing: Oil Isn’t Going Anywhere

March 29, 2025 Clark Savage

BP, Shell, Exxon, and Chevron are boosting fossil fuel investments after disappointing returns on green energy ventures. BP is increasing oil and gas spending by 25% and Shell is prioritizing LNG growth. U.S. supermajors stayed […]

Exploration and Production

BP Approves Major Trinidad and Tobago Natural Gas Project

March 27, 2025 Clark Savage

BP approved on Thursday the development of the Ginger natural gas project offshore Trinidad and Tobago, which will be one of the ten major new projects that the UK supermajor promised to start up by 2027. In […]

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