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Exploration and Production

ExxonMobil
Exploration and Production

Venezuela Never Paid Back Debt Owed to ExxonMobil and ConocoPhillips

December 26, 2025 Clark Savage

In the world of global energy politics, few stories highlight the tensions between resource nationalism and international investment as starkly as Venezuela’s ongoing disputes with U.S. oil giants ExxonMobil and ConocoPhillips. Stemming from the 2007 […]

Market Dysfunction Rather Than a Glut - Energy News Beat - Source: ENB
Crude Oil News

Oil Glut and Surging Barrels at Sea Have Spooked Oil Traders and the Market, but Is This Market Dysfunction Rather Than a Glut?

December 23, 2025 Clark Savage

In the volatile world of global energy markets, the sight of surging oil barrels floating at sea has sent shockwaves through traders and investors. As of late 2025, global crude supplies have ballooned, with an […]

AI

Gavin Newsom Stuffs California Consumers Stockings with Coal for Christmas with Energy Policies

December 22, 2025 Clark Savage

His Energy Policies have now become a complete national security risk for the western half of the United States. When you consider the corruption, graft, and greed exemplified during Gavin Newsom’s Governorship, it won’t be […]

Harbour Energy Buys US Company - source ENB
ENB Pub Note

Harbour Energy Enters U.S. Gulf with Strategic $3.2 Billion Acquisition: First Steps to Flee Regulatory Overreach in the UK?

December 22, 2025 Clark Savage

In a bold move that underscores the shifting dynamics of the global energy landscape, UK-based Harbour Energy has announced its acquisition of LLOG Exploration Company LLC for $3.2 billion, marking its entry into the deepwater […]

Earnings

Baytex Exits Eagle Ford with $2.14 Billion U.S. Asset Sale: What Does This Mean for Investors?

December 21, 2025 Clark Savage

In a bold strategic pivot, Baytex Energy Corp. has officially exited the U.S. market by selling its Eagle Ford shale assets for net proceeds of approximately $2.14 billion. This move, completed on December 19, 2025, […]

Rig Countdown by 6 this week
Crude Oil News

US Oil Drillers Drop 6 Rigs This Week According to Baker Hughes: What Is the Impact to Consumers and Investors?

December 20, 2025 Clark Savage

In the latest Baker Hughes weekly report, the US oil and gas rig count declined, reflecting ongoing challenges in the energy sector amid fluctuating prices and market pressures. The total active drilling rigs fell by […]

Crude Oil News

Lingering pessimism, uncertainty further weigh on oil and gas activity – Dallas Fed

December 18, 2025 Clark Savage

ENB Pub Note: Excellent update from the Dallas Fed. You can check the full report here.  We will be covering the next Energy News Beat Stand-up. Activity in the oil and gas sector edged lower […]

Crude Oil News

Venezuela Isn’t Escalation – It’s Supply Managment – DRW

December 18, 2025 Clark Savage

What a week in the oil and gas markets. We have Dark Fleet Tankers over the weekend rolling up on Venezuela to be filled up, and Michael Tanner and Stu Turley talk about it on […]

JAPEX to Buy US Oil Assets
Crude Oil News

JAPEX Buys U.S.-Owned Verdad Resources Intermediate Holdings for $1.3 Billion

December 18, 2025 Clark Savage

In a strategic move underscoring the importance of global energy diversification, Japan Petroleum Exploration Co. Ltd. (JAPEX) has acquired Verdad Resources Intermediate Holdings LLC (VRIH) for approximately $1.3 billion. This deal highlights a key principle […]

Crude Oil News

Venezuela Isn’t Escalation — It’s Supply Management

December 17, 2025 Clark Savage

ENB Pub Note: This was originally published on the Hot Take of the Day Substack by David Ramsden-Wood, or as I call him, “DRW”. I have thoroughly enjoyed all of my podcasts with DRW, and […]

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