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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 […]

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 […]

Crude Oil News

What is the new norm for oil prices?

May 2, 2025 Clark Savage

Being in the oil and gas business as a family-owned exploration and production company is one of the most significant rewards I have had in my professional career. And the number one question I get […]

Big Oil Companies

New rig deals boost Valaris backlog to $4.2bn

May 1, 2025 Stu Turley

ENB Pub Note: Interesting update from Valaris for ExxonMobil. The unit is offshore Cyprus and may be heading to Angola. The offshore business is one we are tracking as global oil demand is expected to […]

Big Oil Companies

Why is U.S. LNG Dominating Global Markets?

May 1, 2025 Andy Del Prado

Daily Standup Top Stories U.S. LNG will be the United States’ largest export product – Secretary Chris Wright On the Crude Truth Substack, Rey Trevino writes: Secretary Chris Wright provided a comprehensive summary of the […]

Crude Oil News

U.S. oil companies spent less on interest over the last decade despite higher rates

April 30, 2025 Stu Turley

ENB Pub Note: This article from the EIA highlights significant challenges that the United States’ oil and gas companies face. However, what the world is facing is a lack of investment in oil and gas, […]

Big Oil Companies

Petrobras looking to charter up to 18 platform suppliers

April 30, 2025 Stu Turley

ENB Pub Note: We need to examine the amount of oil Brazil produces and exports. The following article from Americas Offshore points out that Petrobras has a large-scale tender to charter up to 18 platform […]

Big Oil Companies

What Caused the MASSIVE Spain Blackout?!

April 29, 2025 Andy Del Prado

Daily Standup Top Stories Spain and Portugal Hit by Widespread Blackout April 28, 2025 Clark Savage ENB Pub Note: The grid interconnects between countries are not beneficial for a country’s grid security. If you cannot control […]

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