Category: Exploration and Production

Africa is Embracing Oil and Gas for New Development, and Will Benefit Africans, Investors, and the Market

Clark Savage133

On a continent rich in untapped hydrocarbon resources, Africa is positioning itself as a prime destination for oil and gas investments amid global energy demand. From legacy producers like Nigeria and Angola to emerging frontiers such as Namibia and Mozambique, African nations are reforming fiscal policies, licensing rounds, and production-sharing agreements to lure international capital. […]

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America’s New Manufacturing Powerhouse: Why the Shale Crescent Will Lead the Next Boom

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In this episode of Energy Newsbeat – Conversations in Energy, host Stu Turley sits down with Nathan Lord, President of Shale Crescent USA, to unpack why Ohio, West Virginia, and Pennsylvania may be the world’s most overlooked manufacturing and energy powerhouse. Nathan explains how the region’s abundant, low-cost natural gas creates a world-class advantage for petrochemicals, […]

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ExxonMobil Looks Over Lukoil\’s Iraqi Oilfield as U.S. Sanctions Finally Hit Home – What does this mean for Investors?

Clark Savage145

In a significant development for the global energy sector, U.S. oil giant ExxonMobil has expressed interest in acquiring Russian firm Lukoil\’s majority stake in one of Iraq\’s premier oilfields. This move comes amid escalating U.S. sanctions on Russian entities, which have forced Lukoil to declare force majeure and seek an exit from its Iraqi operations. […]

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ENB Weekly Rig Count and Oil and Gas Update

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As we approach the end of November 2025, the energy sector continues to show dynamic shifts in drilling activity, storage levels, and production metrics. This week\’s update draws on the latest data from Baker Hughes and the U.S. Energy Information Administration (EIA), highlighting trends in rig counts across the globe and within the U.S., as […]

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UK Oil Invasion To The USA?

Clark Savage132

Happy Thanksgiving, and we have a wild Energy News Beat Stand Up for You! Michael and I are very grateful to all the listeners, readers, and patrons of the Energy News Beat Channel and Substack, and to the guests who have to suffer through my horrible jokes. Take a moment today, take a deep breath, […]

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Russia Points Out the Lack of Investment in Oil is Poised to Cause an Oil Shortage

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In a stark warning that echoes growing concerns across the global energy sector, Russia\’s top OPEC+ negotiator, Alexander Novak, has highlighted the imminent risk of an oil shortage driven by chronic underinvestment. Speaking recently, Novak emphasized that traditional accessible reserves are depleting rapidly, while hard-to-recover reserves demand significantly higher costs. \”We are now seeing traditional […]

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California Gov Newsom is oblivious that electricity came about after oil

Clark Savage141

The State of California sent a large delegation to the Conference of the Parties (COP) in Belém, Brazil, including California Governor Gavin Newsom and top officials from the California Natural Resources Agency, Department of Food and Agriculture, Air Resources Board, Public Utilities Commission, and Governor’s Office of Tribal Affairs. Interestingly, the leaders of the world’s […]

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