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Crude Oil News

ENB Weekly Rig Count and Oil and Gas Update

November 27, 2025 Clark Savage

As we approach the end of November 2025, the energy sector continues to show dynamic shifts in drilling activity, storage levels, and production metrics. This week’s update draws on the latest data from Baker Hughes […]

Big Oil Companies

Aramco Enters Agreements with US Energy Firms Worth Up to $30B

November 20, 2025 Clark Savage

Saudi Aramco, the world’s largest oil exporter, has announced a series of 17 memoranda of understanding (MoUs) and agreements with U.S. companies, potentially valued at more than $30 billion. These deals build on earlier announcements […]

Crude Oil News

China and India Demand Remains Strong into 2025: Countering Oil Glut Fears with Robust Imports and Stockpiling

November 18, 2025 Clark Savage

As global energy markets grapple with persistent warnings of an impending oil glut in 2025 and 2026, strong demand signals from Asia’s two giants—China and India—are providing critical support to crude prices and challenging oversupply […]

AI

Location, Location, Location: Why Drilling Success Depends on the Basin – ENB Weekly Recap

November 15, 2025 Andy Del Prado

Weekly Daily Standup Top Stories U.S. Drilling Programs Are Resilient, but It Depends on the Location November 6, 2025 Clark Savage In the ever-volatile world of energy markets, U.S. oil and gas producers are demonstrating remarkable […]

Crude Oil News

U.S. Rig Count Up this Week by One

November 14, 2025 Clark Savage

The latest weekly rig count report from Baker Hughes, released on November 14, 2025, shows a modest increase in U.S. drilling activity. The total number of active rigs in the United States rose by one […]

Crude Oil News

Norway’s Oil Industry Raises 2026 Investment Forecast

November 13, 2025 Clark Savage

In a striking reversal of fortunes for one of Europe’s most environmentally conscious nations, Norway’s oil and gas sector is ramping up investments at a record pace. Just a few years ago, discussions around phasing […]

AI

Big Oil is Still Pumping Profits Despite Low Oil Prices

November 13, 2025 Clark Savage

In the volatile world of energy markets, 2025 has proven to be a year of contrasts for Big Oil. While crude oil prices have dipped amid oversupply concerns and shifting global demand, major players like […]

Bankruptcy

Drill, Baby, Drill. It’s Kind of Like Real Estate — Location, Location, Location.

November 10, 2025 Mariel Alumit

U.S. Drilling Programs Are Resilient, but It Depends on the Location November 6, 2025 Clark Savage In the ever-volatile world of energy markets, U.S. oil and gas producers are demonstrating remarkable staying power amid oil prices […]

Bankruptcy

Pine Gate Renewables files for bankruptcy, selling solar business and project portfolio

November 8, 2025 Clark Savage

In a stark indicator of the mounting challenges facing the renewable energy sector, Pine Gate Renewables, a prominent national solar developer operating in 32 states, has filed for Chapter 11 bankruptcy. The company, founded in […]

Crude Oil News

Rapid declines from horizontal wells require more drilling to sustain production

November 8, 2025 Stu Turley

Data source: Enverus Note: Well vintage is the year a well first begins producing crude oil or natural gas As U.S. crude oil and natural gas production have increased, so has the volume of production declines from existing […]

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