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HomeOffshore

Offshore

Petrobras
Big Oil Companies

Petrobras plans to decommission 68 platforms and reuse three FPSOs

May 9, 2025 Mariel Alumit

Brazilian state-owned giant Petrobras has revealed it will decommission almost 70 offshore platforms and FPSOs, three of which it has already decided to repurpose. Petrobras said that it is planning on decommissioning 68 platforms, two […]

ARO Drilling
Crude Oil News

ARO Drilling agrees extensions for five jackups with Saudi Aramco

May 8, 2025 Mariel Alumit

ARO Drilling, a joint venture of New York-listed offshore driller Valaris, has signed extensions for five jackup rigs with Saudi giant Aramco. The extensions, all for five years, were signed for the Valaris 250, Valaris […]

Downstream

Saudi Deficit & US Oil Cuts: What’s Next for Prices?

May 7, 2025 Andy Del Prado

Daily Standup Top Stories Saudi Arabia’s Budget Deficit Surged Before the Oil Price Crash May 6, 2025 Clark Savage ENB Pub Note: The story below is from Tsvetana Paraskova on Oilprice.com, and she has some great […]

Earnings

Ørsted shelves 2.4GW UK offshore wind project over rising costs –

May 7, 2025 Stu Turley

ENB Pub Note: I have included all wind projects and their costs in the article for Orsted wind profits. It does not make sense to invest in wind when the world is facing an economic […]

ENB Pub Note

Beyond Tariffs: The Real Struggle for Global Power

May 6, 2025 Clark Savage

ENB Pub Note: The following is an outstanding article from Armando Cavanha, from Brazil. He is a true energy leader and a friend of the Energy News Beat podcast. His opinions on the global tariff […]

Big Oil Companies

BP, partners to ship second Tortue LNG cargo

May 6, 2025 Mariel Alumit

ENB Pub Note: I have added a better description of the GTA LNG Export hub above: The GTA LNG Export Hub refers to the Greater Tortue Ahmeyim (GTA) Liquefied Natural Gas (LNG) project, a major […]

Electrical Generation / Utilities

18 US states suing Trump over shutdown of wind projects

May 6, 2025 Stu Turley

ENB Pub Note: This will be an interesting lawsuit from the Democrat-led states. The article following the summary of wind and types of electricity in these states filing the lawsuits will help understand the costs […]

Critical Minerals

Trump: Can Oil Prices Push Ukraine Toward Peace?

May 6, 2025 Andy Del Prado

Daily Standup Top Stories Dropping Oil Price Boosts Odds of Ukraine Peace Deal, Trump Says May 5, 2025 Clark Savage ENB Pub Note: President Trump’s team still does not understand what motivates President Putin to end […]

Policies And Climate
Crude Oil News

What is the future for U.S. crude oil? Have we hit peak production?

May 5, 2025 Clark Savage

ENB Pub Note: This article is from The Crude Truth Substack. I agree with the point that a single basin output does not define the country’s energy production capabilities. So, has the United States hit […]

ENB Pub Note

Subsea 7 wins big in Brazil with deal worth north of $1.25bn

May 5, 2025 Mariel Alumit

ENB Pub Note: This is an excellent announcement for Brazil and Petrobras.  Estimated Reserves: The Búzios field is estimated to contain approximately 13 billion barrels of oil equivalent (boe) in recoverable reserves, making it one […]

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