Daily Standup Top Stories Israel Targets Iran’s South Pars Gas Field in Escalating Airstrikes, Iran Retaliates June 14, 2025 Clark Savage In a significant escalation of hostilities, Israel has reportedly launched airstrikes on Iran’s South Pars gas field, the world’s largest natural gas reserve, located in the Persian Gulf and shared with Qatar. According to IRGC-affiliated […] […]
Continue ReadingThe energy world is buzzing with speculation as British oil major BP finds itself at the center of a potential takeover storm. The United Arab Emirates’ state-owned oil giant, Abu Dhabi National Oil Company (ADNOC), has reportedly set its sights on BP’s lucrative liquefied natural gas (LNG) assets, with whispers of a full-blown acquisition not […]
Continue ReadingQuarterly Ebitda of $2.16 billion also rose 4 percent compared to last year. Adnoc Gas said zhe performance was driven by continued demand for domestic gas – up on the equivalent quarter last year – as a result of strong economic growth in the UAE, which lifted the total sales volume. Secondly, through efficient management […]
Continue ReadingDaily 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 first 100 days of the Trump administration’s energy initiatives during the cabinet meeting today. As an oil and gas exploration […]
Continue ReadingWeekly Daily Standup Top Stories Clean Energy Projects in the United States have been lost in the wind to the tune of $8 Billion – But how much cheaper will be our electricity? April 20, 2025 Clark Savage In the first quarter of 2025, 16 large-scale clean energy projects in the U.S. were canceled, downsized, or […]
Continue ReadingDaily Standup Top Stories Critical Minerals are not the problem that China controls. It is the processing of the mineral ore that they control. April 21, 2025 Clark Savage Examining the energy markets today, we must consider the tariff war currently underway between the United States and the rest of the world. Make no mistake, this […]
Continue ReadingENB Pub Note: This article from Rystad Energy is essential as it discusses the oil and gas operators in the MENA region. These points highlight some critical benefits of the trade wars for Saudi Aramco, Iran, and other producers in the area. What this does not cover is the importance that the tariffs are impacting […]
Continue ReadingU.S. and EU sanctions on Russia’s dark fleet and Iran are removing tankers from circulation, driving up VLCC demand. Jefferies: sanctions sideline about 15% of the global fleet. ADNOC L&S is aggressively expanding, recently acquiring 32 tankers and planning further VLCC acquisitions. While the world watches the unhinged actions of the new Trump administration—playing Geopolitics […]
Continue ReadingDaily Standup Top Stories Trump Picks Former Congressman Lee Zeldin to Lead EPA November 11, 2024 Clark Savage President-elect Donald Trump has selected former New York congressman Lee Zeldin to lead the Environmental Protection Agency, placing the Long Island Republican in charge of his plans to boost energy production and curb regulations. “He will ensure fair and […] Analysts Explain Why […]
Continue ReadingADNOC Gas plc and its subsidiaries today announced strong earnings for the third quarter of 2024, with net income increasing 11% year-on-year (YoY) to $1.24 billion, beating Bloomberg consensus for the quarter. The announcement of the company’s Q3 results coincides with ADNOC Gas’ Board of Directors approval of an updated growth strategy, that targets an increase of […]
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