Exploration and Production Archives - Page 19 of 65

Trump to Invoke Emergency Law for Offshore Oil Producer Sable – Can the Feds Intervene to Save the Refineries?

March 11, 2026March 28, 2026 Clark Savage105

In a bold move amid escalating global oil tensions, President Donald Trump is set to invoke the Defense Production Act—a Cold War-era authority—to override California state regulations and fast-track operations for Sable Offshore Corp. This decision targets the reactivation of idle offshore oil platforms off the southern California coast, aiming to bolster domestic crude […]

Offshore Lease Bidding Lower Than Expected in the Second “Big Beautiful” Gulf of America Sale

March 11, 2026March 28, 2026 Clark Savage193

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 and bid volumes than anticipated. Dubbed \”Big Beautiful Gulf 2\” (BBG2), the auction held by the Bureau of Ocean Energy […]

EU and California Struggle to Deal with Price Fallout from the Iran Conflict

March 11, 2026March 28, 2026 Clark Savage195

In the wake of escalating tensions in the Middle East, triggered by the U.S.-led military operation against Iran under President Trump, global energy markets are reeling from sharp price increases. European governments are scrambling to mitigate the inflationary pressures on energy and food, with measures like price caps and restrictions on fuel price fluctuations. The […]

Navigating the Energy Crisis: Insights from the U.S. Oil and Gas Association President

March 11, 2026April 27, 2026 Clark Savage184

Tim Stewart stops by the Energy News Beat and Energy Impacts Podcasts David Blackmon kicks off this joint podcast with Tim Stewart, President of the US Oil & Gas Association, and we have a wild discussion. 1. Oil and Gas Industry Volatility The speakers examine the current unstable state of the oil and gas sector, focusing […]

Saudi Aramco Makes the Call: Oil Demand Increases by 1.1 Million bpd

March 10, 2026March 28, 2026 Clark Savage224

In a bold projection that underscores the enduring role of fossil fuels in the global energy landscape, Saudi Aramco has forecasted a 1.1 million barrels per day (bpd) increase in global oil demand for 2026, pushing consumption to unprecedented levels. This announcement, made by the world\’s largest oil exporter, comes amid ongoing debates about energy […]

Why US Oil and Gas Exploration Companies Make the US Insulated from Energy Volatility

March 9, 2026March 28, 2026 Clark Savage202

In an era of geopolitical tensions, fluctuating global demand, and supply disruptions, the United States has emerged as a beacon of energy stability. This resilience stems largely from the robust domestic oil and gas sector, particularly exploration and production (E&P) companies. Over the past decade, these firms—along with oilfield service providers—have demonstrated disciplined capital management, […]

US Oil Rig Count UP as WTI Moves UP to $92.21

March 6, 2026March 28, 2026 Clark Savage235

In the latest weekly update from Baker Hughes, the US rig count has ticked higher, reaching 551 active rigs as of March 6, 2026. This marks a modest increase of 1 rig from the previous week\’s count of 550, signaling a potential rebound amid surging West Texas Intermediate (WTI) crude prices. The rise comes against […]

The Price for Oil May Go Up If the Bypass Pipelines Are Hit, and If Ship Insurance Is Not Approved

March 3, 2026 Clark Savage119

By Stuart Turley, Energy News Beat Channel As tensions in the Middle East escalate into full-blown conflict, the global energy market is on high alert. The U.S.-Israeli strikes on Iran, dubbed Operation Epic Fury, began on February 28, 2026, targeting Iranian leadership and infrastructure. In retaliation, Iran has effectively weaponized the Strait of Hormuz, the […]

How the Iran Conflict Will Impact Global Oil Shipments by Country

March 1, 2026 Clark Savage223

The escalating conflict between the United States, Israel, and Iran, marked by military strikes and retaliatory actions, has thrust the global oil market into turmoil. As of March 1, 2026, Iran\’s threats to close the Strait of Hormuz—a narrow waterway handling about 20% of the world\’s oil trade—have already led to voluntary halts in tanker […]

Saudi Oil Exports Surge to Three-Year High during Iran Tensions

February 25, 2026 Clark Savage186

Saudi Arabia is flooding global markets with crude at the fastest pace in nearly three years, shipping 7.3 million barrels per day (b/d) in the first 24 days of February 2026 — the highest level since April 2023. Tanker-tracking data compiled by Bloomberg show the surge represents a jump of more than 400,000 b/d from […]

Category: Exploration and Production

Trump to Invoke Emergency Law for Offshore Oil Producer Sable – Can the Feds Intervene to Save the Refineries?

Offshore Lease Bidding Lower Than Expected in the Second “Big Beautiful” Gulf of America Sale

EU and California Struggle to Deal with Price Fallout from the Iran Conflict

Navigating the Energy Crisis: Insights from the U.S. Oil and Gas Association President

Saudi Aramco Makes the Call: Oil Demand Increases by 1.1 Million bpd

Why US Oil and Gas Exploration Companies Make the US Insulated from Energy Volatility

US Oil Rig Count UP as WTI Moves UP to $92.21

The Price for Oil May Go Up If the Bypass Pipelines Are Hit, and If Ship Insurance Is Not Approved

How the Iran Conflict Will Impact Global Oil Shipments by Country

Saudi Oil Exports Surge to Three-Year High during Iran Tensions

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