The US oil and gas sector showed signs of resilience this week, with the total active rig count rebounding by 5 to reach 549 as of December 5, 2025, according to the latest data from Baker Hughes. This marks a reversal from the previous week\’s decline and signals renewed drilling activity amid stabilizing energy prices. […]
Continue ReadingKaty Grimes, Editor in Chief of the California Globe, and Mike Umbro stop by the ENB Podcast. This podcast rolled around because Katy Grimes, the Editor in Chief of the California Globe, wrote a brilliant story, “Has California’s Oil and Gas Industry Hit the Point of No Return?” and in that story, she is pointing out […]
Continue ReadingOn 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. […]
Continue ReadingIn 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, […]
Continue ReadingENB Pub Note: This article is from the Bison Insights with Josh Young. Stu Turley, David Blacmon, Josh Young, and Wasif Latif will be live next week, and this article will be one of the key talking points. We highly recommend subscribing to the Bison Interests Substack. Here is the live link to watch the […]
Continue ReadingIn 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. […]
Continue ReadingIn a significant blow to Russia\’s wartime economy, state revenues from oil and gas exports are projected to decline sharply in November 2025. According to calculations by Reuters, these revenues could drop by approximately 35% compared to November 2024, falling to around 520 billion roubles ($6.59 billion). This estimate is based on lower oil prices […]
Continue ReadingIn the high-stakes world of energy production, a bold Texas oil executive is squaring off against California\’s entrenched environmental policies in a bid to tap into a lucrative offshore oil reserve. James Flores, the Houston-based CEO of Sable Offshore, is pushing to revive dormant oil platforms off the Santa Barbara coast—assets acquired from Exxon Mobil […]
Continue ReadingAs 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 […]
Continue ReadingHappy 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, […]
Continue Reading