In the volatile world of energy markets, oil traders are increasingly betting on upward price movements, driven by escalating geopolitical tensions in the Middle East. The global Brent benchmark has shown a call skew—a premium for bullish call options—for 14 consecutive sessions, while the U.S. crude marker has followed suit for 13 days, marking the […]
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On this episode of the Energy News Beat Stand Up, I cover the key issues around Davos, Greenland, and some investing stories around Oil Field Service Companies, and why this is important. The main topics discussed in this podcast are: 1. President Trump’s speech at the World Economic Forum in Davos, where he promoted America’s […]
Continue ReadingThe recent capture of Nicolás Maduro has sparked renewed optimism in the global energy sector, particularly for oilfield services (OFS) companies eyeing Venezuela\’s vast untapped reserves. With the potential lifting of U.S. sanctions and a revival of operations in the Orinoco Belt, firms with expertise in heavy oil extraction and infrastructure could see a surge […]
Continue ReadingIran’s crude production is expected to remain stable near 3.2 million bpd, with protests posing limited short-term risk to upstream operations. Heavy discounting to China and costly sanctions-evading logistics mean Iran captures only about two-thirds of benchmark oil prices. Chronic underinvestment, late-life fields, and the near depletion of the National Development Fund are undermining the […]
Continue ReadingIn a groundbreaking assessment that underscores the enduring potential of America\’s energy heartland, the U.S. Geological Survey (USGS) has revealed significant undiscovered oil and gas resources in the Woodford and Barnett shales within the Permian Basin. This latest evaluation, released just days ago, estimates technically recoverable reserves that could bolster U.S. energy security and fuel […]
Continue ReadingIn 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 performance. Yet, industry giants Chevron (CVX) and ExxonMobil (XOM) have demonstrated remarkable resilience, with their shares holding steady or even […]
Continue ReadingThe 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 a trend of subdued rig additions amid fluctuating commodity prices and market uncertainties. Meanwhile, U.S. crude oil production also edged […]
Continue ReadingIn the ever-volatile world of oil markets, few voices carry as much weight as that of Harold Hamm, the billionaire wildcatter and founder of Continental Resources. As oil prices hover in the low $50s to $60s per barrel amid global oversupply and weakening demand, Hamm has made headlines with his stark assessment: there\’s simply no […]
Continue ReadingIn a bold and unprecedented move, President Donald Trump has reshaped the global oil landscape by orchestrating the U.S. takeover of Venezuela\’s oil sector following the capture of former President Nicolás Maduro. This January 2026 intervention not only marked the end of Maduro\’s regime but also positioned the United States as the direct manager of […]
Continue ReadingIn a significant move to bolster its offshore energy sector, Norway\’s Energy Minister Terje Aasland announced on January 13, 2026, the award of 57 production licenses to 19 companies in the annual Awards in Predefined Areas (APA) licensing round. This allocation, up from 53 licenses in the previous year, focuses on mature areas of the […]
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