BP (NYSE: BP) on Tuesday pledged to fundamentally reset its strategy as it booked its lowest annual and quarterly profits in years and seeks to push up its stock performance and regain investor trust. “Building on the actions taken in the past 12 months, we now plan to fundamentally reset our strategy and drive further […]
Continue ReadingOffshore drilling giant Noble Corporation has won a new contract for one of its semisubmersible rigs in the Americas. Energy giant Shell awarded a contract to the 2009-built Noble Developer semisub. The deal is for a fixed duration of 180 days and is expected to commence in the third quarter of 2026. According to the […]
Continue ReadingWeekly Daily Standup Top Stories Trump Reignites Coal Industry at Davos – Make Coal Great Again MCGA January 26, 2025 Clark Savage ENB Pub Note: While President Trump’s remarks are around coal, he says, “Nothing can destroy coal. Not the weather, not a bomb. It’s a great backup.” The topic around the President’s policies and comments […]
Continue ReadingDaily Standup Top Stories Trump Seizes Wartime Powers in Battle for More Fossil Fuels January 27, 2025 Clark Savage Obscure laws to be marshaled to build pipelines, power plants ‘God Squad’ to weigh projects that threaten endangered species President Donald Trump’s declaration of an energy emergency opens the door to wield sweeping Cold War-era powers and […] Europe doesn’t […]
Continue ReadingDaily Standup Top Stories Trump Seizes Wartime Powers in Battle for More Fossil Fuels January 27, 2025 Clark Savage Obscure laws to be marshaled to build pipelines, power plants ‘God Squad’ to weigh projects that threaten endangered species President Donald Trump’s declaration of an energy emergency opens the door to wield sweeping Cold War-era powers and […] Europe doesn’t […]
Continue ReadingWeekly Daily Standup Top Stories U.S. Shale’s Capital Discipline Outweighs Trump’s Pro-Growth Rhetoric January 19, 2025 Clark Savage US shale producers are focused on capital discipline and shareholder returns, limiting the impact of Trump’s pro-oil policies. Increased Permian rig activity is unlikely to significantly boost oil production due to inventory depletion and efficiency […] China and India […]
Continue ReadingDaily Standup Top Stories U.S. Shale’s Capital Discipline Outweighs Trump’s Pro-Growth Rhetoric January 19, 2025 Clark Savage US shale producers are focused on capital discipline and shareholder returns, limiting the impact of Trump’s pro-oil policies. Increased Permian rig activity is unlikely to significantly boost oil production due to inventory depletion and efficiency […] Days before Trump takes […]
Continue ReadingBrent up 1.3%, WTI adds 1.7% in the week Concerns about more supply disruptions as Trump returns to power Potential halt to Houthi attacks on shipping in focus after Gaza ceasefire deal US oil rig count falls by two HOUSTON, Jan 17 (Reuters) – Oil prices settled lower on Friday but notched their fourth straight […]
Continue ReadingUS shale producers are focused on capital discipline and shareholder returns, limiting the impact of Trump\’s pro-oil policies. Increased Permian rig activity is unlikely to significantly boost oil production due to inventory depletion and efficiency concerns. The US is already on track to meet Bessent\’s 3-3-3 hydrocarbon production target without policy changes, driven by NGLs […]
Continue ReadingDaily Standup Top Stories What do oil and gas exports mean to the Russian economy? How will the new Biden Sanctions play with President Trump’s negotiations? January 12, 2025 Clark Savage ENB Pub Note: The following article is an excellent summary from Alexandra Prokopenko and Alexander Kolyandr about what the oil and gas exports mean to […]
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