In a bold escalation of its campaign against illicit oil trading, the United States has seized yet another vessel from the shadowy “dark fleet” — a network of aging tankers that evade international sanctions to […]
In the volatile world of energy markets, oil prices have stabilized around $60 to $65 per barrel throughout much of 2025 and into early 2026, a level that might typically pressure major oil companies’ stock […]
As we kick off 2026, the global oil landscape is a whirlwind of geopolitical maneuvers, supply gluts, and shifting alliances. With Brent crude hovering around $59 per barrel and a projected surplus of 1-3.8 million […]
In the wake of political shifts and the potential easing of sanctions, Venezuela’s beleaguered oil industry is once again in the spotlight. With proven reserves rivaling Saudi Arabia’s, the country could theoretically become a major […]
In an era where global energy dynamics are shifting, South America is emerging as a powerhouse in the oil sector, poised to drive significant growth in non-OPEC+ oil supply through 2030. According to recent analysis […]
ExxonMobil Corporation (XOM) delivered a powerhouse performance in the third quarter of 2025, underscoring its operational prowess amid a challenging energy landscape. The company reported GAAP earnings of $7.5 billion, or $1.76 per share, marking […]
ENB Pub Note: This article from Irina Slav on Oilprice.com is excellent, and we will cover this on our daily standup podcast. OPEC+ has agreed to modest monthly production boosts, keeping oil prices range-bound around […]
Global oil and gas majors are increasingly focusing on frontier regions and technically challenging areas to find new conventional oil and gas, driven by shrinking reserves and rising demand. Companies like ExxonMobil, TotalEnergies, Chevron, BP, […]
Suezmax spot rates are surging as Kazakhstan runs into mounting difficulties with its oil exports, tightening the tonnage list across the Mediterranean and beyond. Kazakhstan has suspended flows via the Baku–Tbilisi–Ceyhan (BTC) pipeline after chloride-contaminated […]
In a significant milestone for global energy production, ExxonMobil has commenced operations at its fourth major offshore development in Guyana, the Yellowtail project. This announcement comes on the heels of the company’s second-quarter 2025 earnings […]
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