Before oil prices started plunging last month, most banks and research firms had forecast US shale production would grow this year and next before plateauing later in the decade. Diamondback Energy trimmed its own full-year […]
ENB Pub Note: Yesterday, we examined Cap Ex budgets, and today, we are investigating production, demand estimates, and storage. The current storage levels are low and are listed below. Here is a lot of data […]
Oil prices rallied aggressively on Tuesday morning, recovering from the OPEC+-induced drop that was sparked by the cartel’s decision to unwind production cuts at a faster rate than previously planned. Despite the recovery, uncertainty remains […]
ENB Pub Note: The story below is from Tsvetana Paraskova on Oilprice.com, and she has some great points about the Saudi Budgets. I have been saying that the Saudis need the $80 to $85 oil, […]
ENB Pub Note: I have added some background information on Peru LNG exports here. Peru’s LNG exports primarily originate from the Peru LNG Terminal at Pampa Melchorita, which has a nominal capacity of approximately 4.4–4.5 […]
State-owned QatarEnergy owns a 70 percent stake in the three-train Golden Pass project with a capacity of more than 18 mtpa and will offtake 70 percent of the capacity, while US energy firm ExxonMobil has a […]
ENB Pub Note: Please watch the RINOs not voting to end these subsidies. They will need to be voted out of office. Trump pushes to repeal Biden’s costly climate subsidies, but to keep petty and […]
ENB Pub Note: This will be an interesting lawsuit from the Democrat-led states. The article following the summary of wind and types of electricity in these states filing the lawsuits will help understand the costs […]
ENB Pub Note: If you have heard the Energy News Beat Podcast, you have heard me say that ESG Investing has impacted American oil and gas companies and their commitment to their investors and stakeholders. […]
ENB Pub Note: The university system has taken taxpayer money for decades to promote the false narrative and throw out true energy issues. There are some universities, like the University of Oklahoma, that have great […]
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