By Stuart Turley, Energy News Beat The second offshore oil and gas lease sale in the Gulf of America under President Trump’s “One Big Beautiful Bill Act” (OBBBA) has wrapped up with significantly lower participation […]
The U.S. oil and gas industry saw a slight decline in drilling activity this week, with the total rig count dropping by one to 543, according to the latest data from Baker Hughes. This continues […]
In a bold move that underscores the shifting dynamics of the global energy landscape, UK-based Harbour Energy has announced its acquisition of LLOG Exploration Company LLC for $3.2 billion, marking its entry into the deepwater […]
In-brief analysis December 12, 2025 EIA forecasts U.S. crude oil production will decrease slightly in 2026 Data source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO), December 2025 In our latest Short-Term Energy Outlook, we forecast U.S. crude […]
Data source: Bloomberg L.P. Note: Data through November 26, 2025. All crack spreads are calculated against the Dated Brent crude oil spot price. Global refinery margins for diesel have widened since late October and increased to their […]
Weekly Daily Standup Top Stories Mike Wirth, Chevron CEO, Believes in the Future of Oil, Gas, and Chevron November 15, 2025 Clark Savage In a landscape where energy markets are grappling with uncertainties around oversupply and […]
In a significant move for North America’s energy landscape, Enbridge Inc. has announced the final investment decision on its Mainline Optimization Phase 1 (MLO1) project, greenlighting a $1.4 billion expansion to enhance the flow of […]
In a bold move signaling a return to aggressive energy development, the Bureau of Ocean Energy Management (BOEM) has announced the Big Beautiful Gulf 1 (BBG1) lease sale, set for December 10, 2025. This auction, […]
Daily Standup Top Stories EU’s Climate Rules Have Caused a Response from the US and Qatar, Issuing Trade Threats October 22, 2025 Clark Savage In an escalating tension over global energy trade, the European Union’s push […]
ENBPub Note: I just interviewed Joe Raia, Chief Commercial Officer at Abaxx Commodity Futures Exchange and Clearinghouse and it has been turned into production for release next week. This press release from Abbaxx is huge […]
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