ENB Pub Note: Why is this story from Tsvetana Parsskova from Oilprice.com important? Iran first learned, then developed ways to survive United States sanctions, and was an early adopter in the Dark Fleet, also known […]
The US Department of the Interior has introduced a new policy which will see increased pressure differential during downhole commingling boost offshore oil output in the Gulf of Mexico. The Bureau of Safety and Environmental […]
U.S. crude oil production grew by 270,000 barrels per day (b/d) in 2024 to average 13.2 million b/d, according to our Petroleum Supply Monthly. Almost all the production growth came from the Permian region. Our […]
Data source: U.S. Energy Information Administration, Short-Term Energy Outlook, April 2025 U.S. marketed natural gas production remained relatively flat in 2024, growing by less than 0.4 billion cubic feet per day (Bcf/d) compared with 2023 to average 113 Bcf/d, […]
EQT Corp. is acquiring upstream and midstream assets from private Marcellus E&P Olympus Energy for $1.8 billion. The deal includes $500 million in cash and approximately 26 million shares of EQT common stock valued at $1.3 billion, the […]
Offshore drilling contractor Vantage Drilling has received a conditional letter of award from an undisclosed client for the 2010-built drillship Platinum Explorer. The company stated that the conditional letter of award has a 90-day validity […]
ENB Publisher Note: Does this mean more layoffs?? HIGHLIGHTS Targeting $1 billion in annual pre-tax free cash flow improvements Business optimization plan underway to improve margins and capital efficiency Plan includes improvements to base […]
Daily Standup Top Stories Critical Minerals are not the problem that China controls. It is the processing of the mineral ore that they control. April 21, 2025 Clark Savage Examining the energy markets today, we must […]
Swiss-based marine construction specialist Allseas has picked French tubing manufacturer Vallourec to supply line pipes for Petrobras’ Búzios 10 offshore project. This contract represents nearly 18,000 tonnes of subsea seamless premium carbon steel line pipes […]
A total of 14 workers were injured after a fire broke out on Petrobras’ Cherne 1 platform (PCH-1) in the Campos Basin, some 130 km off Rio de Janeiro. Initially, Petrobras reported that one service […]
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