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HomeExploration and Production

Exploration and Production

Big Oil Companies

Occidental Petroleum in Talks to Sell OxyChem Unit, FT Says

September 28, 2025 Clark Savage

In a significant move that could reshape its portfolio and bolster its financial health, Occidental Petroleum Corp. (NYSE: OXY) is reportedly negotiating the sale of its petrochemical division, OxyChem, in a deal valued at a […]

ENB Pub Note

Why Advertisers Are Returning to Big Oil Despite Net-Zero Pledges

September 27, 2025 Clark Savage

ENB Pub Note: This is an excellent article from Irina Slav on Oilprice.com. While the title says advertisers are returning to big oil, I would add investors to the list. I have written several articles […]

Crude Oil News

Dallas Fed Survey Reveals Unrest in America’s Shale Patch

September 27, 2025 Clark Savage

ENB Pub Note: This article is from David Blackmon’s Substack, and we recommend subscribing. This brings up a huge discrepancy between “Drill Baby Drill” and what is actually happening in the oil and gas industry […]

Crude Oil News

U.S. Shale Costs to Soar to $95 per Barrel Within a Decade

September 26, 2025 Stu Turley

The U.S. shale oil industry, a cornerstone of global energy supply, is facing a pivotal shift. According to recent analysis from energy intelligence firm Enverus, the marginal cost of U.S. shale oil production is projected […]

Trisha Curtis with the Petronerds, on the Energy News Beat podcast
Crude Oil News

Peak Permian? The U.S. Oil Boom Isn’t Over — Trisha Curtis Exposes the Truth

September 26, 2025 Clark Savage

In this episode of Energy Newsbeat – Conversations in Energy, Stu Turley dives deep with Trisha Curtis, CEO of PetroNerds, in a no-holds-barred conversation on the myths of peak Permian, U.S. shale resilience, OPEC’s bluff, China’s […]

Crude Oil News

Exxon, Chevron Weigh Bakken Oil Strategy Amid Permian Priority

September 25, 2025 Clark Savage

In the ever-evolving landscape of U.S. oil production, major players ExxonMobil and Chevron are reassessing their positions in the Bakken shale play in North Dakota, even as they double down on the prolific Permian Basin […]

Bankruptcy

Is China’s Debt Bomb About to Explode—and What Does It Mean for the Yuan and Global Markets?

September 25, 2025 Andy Del Prado

Daily Standup Top Stories Is China’s Debt Bomb About to Explode, and What Is the Impact on Global Markets? September 23, 2025 Clark Savage In a stark admission during a September 2025 press conference, China’s Finance […]

Big Oil Companies

Global Oil Majors Return to Frontier Exploration for Growth

September 24, 2025 Clark Savage

Global oil and gas majors are increasingly focusing on frontier regions and technically challenging areas to find new conventional oil and gas, driven by shrinking reserves and rising demand. Companies like ExxonMobil, TotalEnergies, Chevron, BP, […]

Big Oil Companies

ExxonMobil Seeks to Recover Billions Lost in Sakhalin Exit: Is This the First Step Toward Ending the Ukraine War?

September 23, 2025 Clark Savage

In a surprising turn of events amid ongoing geopolitical tensions, ExxonMobil has taken a bold step toward reclaiming billions in losses from its forced exit from Russia’s Sakhalin-1 oil project. According to recent reports, the […]

Crude Oil News

UK Government Policies: Taxes, Bans, and Accelerated Decline and Fiscal Collapse 

September 22, 2025 Clark Savage

Under the Labour government, North Sea operations face a barrage of measures that critics argue are deliberately stifling investment and production. A 78% tax rate on offshore profits, including a prolonged windfall tax introduced in […]

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