Chevron announced that non-essential employees and contractors have been pulled from four platforms in the US Gulf of Mexico ahead of a tropical storm. Potential Tropical Cyclone Six, or Invest 91L, churns in the southwestern Gulf […]
Saudi Arabia has a superpower. Not only is it the largest exporter of crude oil in the world; its production costs for oil projects are also the lowest in the world, at around just $10 […]
Weekly Daily Standup Top Stories Saudi Arabia Expected to Cut Its Oil Prices to Asia for October September 2, 2024 Stu Turley Saudi Aramco is expected to cut the OSP of its crude oil for Asia […]
It’s only going to get worse from here, as the Biden-Harris administration’s disastrous open border policies have now come to a ‘neighborhood near you’ (for some of you). In the past week, we saw armed Venezuelan prison gang Tren de […]
Offshore drilling giant Noble Corporation has completed the acquisition of US offshore rig owner Diamond Drilling, after getting the final permit earlier this week. Noble said that the transaction, valued at around $2.1bn, enhances its […]
Offshore driller Transocean has entered into agreements with a third party to sell two of its rigs for a total of $342m. The two rigs in question are the Development Driller III and the Discoverer […]
Daily Standup Top Stories Biden Grants First New LNG Approval Since Freezing Permits September 3, 2024 Stu Turley New Fortress Energy receives five-year license to sell LNG Climate groups blast White House, permit-pause appeal ongoing The […]
The total number of active drilling rigs for oil and gas in the United States fell again this week, according to new data that Baker Hughes published on Friday. The total rig count fell by […]
Daily Standup Top Stories The Harsh Reality of the Global Energy Transition September 2, 2024 Stu Turley The energy transition, which has become a focus of governments around the world, is the global shift from fossil […]
ENB Pub Note: This article is from Jeff Krimmel, LinkedIn. He has been a guest on the podcast with Michael Tanner on the Deal Spotlight, and we recommend following Jeff HERE: https://www.linkedin.com/in/jeffkrimmel/ US drilling rig […]
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