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HomeExploration and Production

Exploration and Production

Crude Oil News

ConocoPhillips to sell interest in Gulf of America assets to Shell for $735 million

February 23, 2025 Clark Savage

ENB Pub Note: I had to change the title to “Gulf of America” as World Oil published with “Gulf of Mexico” – just trying to help.  ConocoPhillips will sell its interests in the Gulf of […]

ENB Podcast

Innovating Energy: How W Energy is Transforming Data and Operations

February 23, 2025 Clark Savage

In this episode of Energy News Beat – Conversation in Energy, host Stuart Turley sits down with Rachel Collins, CEO of W Energy, discusses the company’s significant investments in integration, unveiling Stream Plus, a fully […]

Crude Oil News

Trump’s Energy Czar Has Plan to ‘Map, Baby, Map’ US Oil Bounty

February 23, 2025 Clark Savage

Burgum suggests stronger USGS role to analyze the potential Says US public lands hold natural resources worth trillions Interior Secretary Doug Burgum touted a plan for mapping deposits of oil, gas and critical minerals on US federal […]

Climate Crisis

Russia Sanctions Shift

February 20, 2025 Andy Del Prado

Daily Standup Top Stories Iranian Oil Exports to China are rolling February 19, 2025 Clark Savage Iranian crude oil flows to China have rebounded this month after a U.S. crackdown on shipments launched in late 2024 […]

Diamondback Energy - Energy News Beat
Crude Oil News

Diamondback Boosts Midland Basin Presence With $4-Billion Acquisition

February 19, 2025 Clark Savage

Diamondback Energy, Inc. (NASDAQ: FANG) on Tuesday announced a deal to buy Double Eagle IV Midco in an acquisition valued at about $4 billion, which gives the buyer increased presence in the Midland Basin in the top-oil […]

Valaris
Exploration and Production

Valaris wins $120m in deals and gets rid of four stacked rigs

February 19, 2025 Mariel Alumit

New York-listed offshore driller Valaris has won several deals and contract extensions for its jackup rig fleet and revealed its plans to rid itself of four rigs. The company won a 600-day priced contract extension […]

Arabian Drilling
Crude Oil News

Arabian Drilling forms alliance with Shelf Drilling to expand international reach

February 18, 2025 Mariel Alumit

Offshore rig owners Arabian Drilling and Shelf Drilling have signed a memorandum of understanding to form a strategic alliance. Under the agreement, Shelf Drilling will seek to use some of Arabian Drilling’s high-specification jackup rigs […]

BRICS

BRICS Dollar Warning

February 17, 2025 Andy Del Prado

Daily Standup Top Stories The End of Coal Is Nowhere In Sight February 17, 2025 Clark Savage Retirement of coal-fired power plants in the West has done nothing to reverse global coal demand. Global coal consumption […]

Big Oil Companies

Chevron struggles to replace oil, gas reserves amid Hess deal limbo

February 17, 2025 Clark Savage

(Reuters) Chevron’s oil and gas reserves have fallen to the lowest point in at least a decade, highlighting the importance of the U.S. major’s planned acquisition of oil producer Hess that has stalled due to […]

Trump
Crude Oil News

Trump to boost US offshore oil and gas with new energy dominance council

February 17, 2025 Mariel Alumit

US president Donald Trump has signed an executive order establishing a new council focused on boosting the country’s production and export of fossil fuels. Trump signed another executive order which formally created the National Energy […]

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