Daily Standup Top Stories Britain’s Plan to Retrain Oil and Gas Workers for Clean Energy Jobs May 18, 2025 Clark Savage ENB Pub Note: The following is an interesting article from Felicity Bradstock on Oilprice.com. Britain’s plan to create thousands of clean energy jobs for the oil and gas workers is an example of what won’t […] […]
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U.S. oil and gas drillers are slowing down drilling activities, as evidenced by a consistent decline in active rig counts across major basins in 2024 and 2025. This slowdown is driven by several factors: Lower Oil and Gas Prices: West Texas Intermediate (WTI) crude prices have hovered around $62 per barrel in 2025, close to […]
Continue ReadingDaily Standup Top Stories Saudi Arabia’s Budget Deficit Surged Before the Oil Price Crash May 6, 2025 Clark Savage ENB Pub Note: The story below is from Tsvetana Paraskova on Oilprice.com, and she has some great points about the Saudi Budgets. I have been saying that the Saudis need the $80 to $85 oil, […] US Cut […]
Continue ReadingOil prices rallied aggressively on Tuesday morning, recovering from the OPEC+-induced drop that was sparked by the cartel\’s decision to unwind production cuts at a faster rate than previously planned. Despite the recovery, uncertainty remains in markets and more volatility is likely. – Oil majors have been surprisingly inert in reacting to oil prices declining […]
Continue ReadingENB Pub Note: If you have heard the Energy News Beat Podcast, you have heard me say that ESG Investing has impacted American oil and gas companies and their commitment to their investors and stakeholders. I would say that goes for the public and private companies. For the public companies, it is easy to look […]
Continue ReadingDaily Standup Top Stories Why Spain’s Rooftop Solar Owners Weren’t Spared From the Blackout May 4, 2025 Clark Savage ENB Pub Note: Rooftop solar panels on homes are not bad; they must be appropriately designed and set up for disaster use. I have taken the time to learn how to get the rooftop solar, […] House Votes […]
Continue ReadingDaily Standup Top Stories U.S. LNG will be the United States’ largest export product – Secretary Chris Wright On the Crude Truth Substack, Rey Trevino writes: Secretary Chris Wright provided a comprehensive summary of the first 100 days of the Trump administration’s energy initiatives during the cabinet meeting today. As an oil and gas exploration […]
Continue ReadingDaily Standup Top Stories Dutch government scales back offshore wind to preserve fisheries April 29, 2025 Mariel Alumit ENB Pub Note: Focusing on Fishing rather than offshore wind is a good thing. The country is realizing that offshore wind is crippling their fishing industry and not providing the electrical generation that was promised. […] EU’s Green Dream […]
Continue ReadingDaily Standup Top Stories Spain and Portugal Hit by Widespread Blackout April 28, 2025 Clark Savage ENB Pub Note: The grid interconnects between countries are not beneficial for a country’s grid security. If you cannot control it within your own borders, you can not control it outside of your borders, and […] US Urges Eastern Europe to […]
Continue ReadingENB Pub Note: This article by Charles Kennedy for Oilprice.com makes some excellent points. I still feel that energy, Utility, critical minerals, oil, and gas are still good investments. There are some great deals available, and I have conducted several insightful interviews with CEOs discussing the benefits of investing in energy commodities. Wind, solar, and […]
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