AI
Plugging Program Paused
Daily Standup Top Stories A Big Coal Plant Was Just Imploded to Make Way for an AI Data Center – WSJ April 2, 2025 Clark Savage ENB Pub Note: Interesting article from the WSJ. They bring […]
OFS
Crude Oil News
Trump halts historic orphaned well-plugging program
ENB Pub Note: This is a critical story, and we will dig into this issue. The program in the IRA allocated $1.55 billion to the MERP, with $350 million designated as formula grant funding to […]
EIA News
Peak Permian: Timing uncertain
Daily Standup Top Stories Norway’s Oil Fund to Buy Stakes in Offshore Wind for $1.5 Billion March 31, 2025 Clark Savage The world’s biggest sovereign wealth fund, Norway’s $1.8 trillion oil fund, will buy 49% in […]
Crude Oil News
WTI Soars Nearly 3% on Trump’s Russia, Iran Threats
ENB Pub Note: As of recent data, the United States consumes approximately 20 million barrels of oil per day. This figure is based on averages from 2023 and 2024, with the U.S. Energy Information Administration […]
Crude Oil News
Peak Permian Production – Is it near or is it past already?
We may slow down, but we still have growth available. At what cost is yet to be determined. Predicting the exact timing of peak oil production in the Permian Basin is complex and depends on […]
Crude Oil News
Constellation Oil Services nets jackup deal with Petrobras
Brazilian offshore driller Constellation Oil Services has won a contract from compatriot oil and gas giant Petrobras for jackup rig work. The company said it was declared the winner of a recent tender and that […]
Crude Oil News
Shell chooses McDermott for engineering and procurement services
Houston-based offshore contractor McDermott has been selected by UK supermajor Shell for an enterprise framework agreement for engineering and procurement services and integrated project management team services. McDermott said that the agreement has a duration […]
ENB Daily Standup
Tesla’s Critical Moment
Daily Standup Top Stories Coal Coal Baby March 24, 2025 Clark Savage ENB Pub Note: This article is from Robert Bryce and his Substack. We highly recommend subscribing and supporting his work. He has amazing points […]
Big Oil Companies
Modec to provide FPSO for Shell’s Gato do Mato project
Floater expert Modec has signed a purchase and sales agreement for an FPSO set to be deployed at Shell’s Gato do Mato project offshore Brazil. This follows the UK-based energy supermajor making a final investment […]
Big Oil Companies
Coal Comeback & Green Retreat
Daily Standup Top Stories The UK’s Heathrow Power Outage sheds light on Net Zero Policies March 21, 2025 Clark Savage Net Zero has forced global financial and companies to become carbon-neutral. But the why is only […]