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HomeExploration and Production

Exploration and Production

Crude Oil News

Why Africa Is Missing Out on The Oil Boom

September 1, 2024 Stu Turley

Africa’s largest oil producers, like Nigeria and Libya, have struggled to capitalize on recent high oil prices. International oil companies have reduced investments in Africa’s traditional oil fields, focusing on offshore opportunities in regions like […]

Crude Oil News

Week Recap: From Peak Oil in China to Tesla Trends

August 31, 2024 Andy Del Prado

Weekly Daily Standup Top Stories Is China’s Demand for Oil Nearing Its Peak? August 25, 2024 Stu Turley China’s oil imports in July were down 12% from June and 3% from July 2023, raising concerns about […]

Floating wind
Energy Transition

Floating wind to fuel UK oil and gas

August 30, 2024 Mariel Alumit

TotalEnergies has announced a new pilot project to install a floating wind turbine to supply renewable electricity to the Culzean offshore platform in the North Sea. The project is designed to test an approach to […]

Crude Oil News

New Mexico Oil Production HUGE

August 28, 2024 Andy Del Prado

Daily Standup Top Stories Renewables Accounted for 14.6% of Global Energy Consumption in 2023 August 27, 2024 Mariel Alumit ENB Pub Note: The term “Renewable Energy” is a marketing term. Wind and solar cannot be even […]

Big Oil Companies

US Oil Dominance Hinges on Quiet Corner of New Mexico

August 27, 2024 Stu Turley

About 100 miles east of UFO-capital Roswell, a dusty corner of New Mexico with more cattle than people is quietly buttressing the US’s world oil dominance. After pumping less crude in the years leading up to the […]

Libya’s oil
Crude Oil News

Libya’s oil output ‘cannot be easily replaced’ during reported production halt, analysts warn

August 26, 2024 Mariel Alumit

Much of the focus in the oil market has been on the Middle East for months — but on Monday, attention was turning to North Africa, with reports that Libya’s eastern government had halted crude […]

Nigeria
Big Oil Companies

Nigeria Set to Sign Off on Exxon Asset Sale Within 120 Days

August 26, 2024 Stu Turley

Nigerian regulators said they expect to formally consent to Exxon Mobil Corp.’s sale of its oil and gas assets to Seplat Energy Plc within four months, ending a hiatus that has stalled the conclusion of a transaction that […]

China
Crude Oil News

Is China’s Demand for Oil Nearing Its Peak?

August 25, 2024 Stu Turley

China’s oil imports in July were down 12% from June and 3% from July 2023, raising concerns about the country’s economic health and future oil demand. Factors such as the rise of electric vehicles, the […]

Crude Oil News

Oil tycoon Emmanuel Fritz Paret acquires 150 wells, 140 million barrels of oil in Kentucky reserve deal

August 24, 2024 Stu Turley

(WO) — Haitian-American oil tycoon Emmanuel Fritz Paret, CEO of Paret Mining LLC, has acquired a 10,000-acre oil reserve in Bowling Green, Kentucky. The acquisition includes 150 wells and an estimated 140 million barrels of […]

Climate Crisis

Week Recap: Nuclear Revival, Wind Power Issues, and LNG Growth

August 24, 2024 Andy Del Prado

Weekly Daily Standup Top Stories A New Era for Nuclear Power in the U.S. August 17, 2024 Stu Turley The US government is supporting the reopening of the Palisades nuclear power plant, the first such effort […]

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