In an era where global energy dynamics are shifting, South America is emerging as a powerhouse in the oil sector, poised to drive significant growth in non-OPEC+ oil supply through 2030. According to recent analysis from Rystad Energy, the region will add over 560,000 barrels per day (bpd) of crude and condensate this year alone, […]
Continue ReadingThe U.S. energy sector is showing signs of renewed activity, with the latest Baker Hughes rig count reporting an increase to 548 active rigs as of November 7, 2025. This marks a modest uptick of 2 rigs from the previous week, though the total remains down 37 rigs, or about 6%, compared to the same […]
Continue ReadingIn the ever-volatile world of energy markets, U.S. oil and gas producers are demonstrating remarkable staying power amid oil prices hovering around $60 per barrel—a level that\’s uncomfortably close to breakeven for many operations. Yet, as recent developments show, this resilience isn\’t uniform across the board. It\’s all about location: basins with lower costs, higher […]
Continue ReadingDaily Standup Top Stories Now that Bill Gates has said that Climate Change is not our biggest existential threat to Humanity, how much money has he cost the global markets? Charles Payne from Fox on Gutfield hits it out of the park. Stu Turley Emerging Cybersecurity Threats: Chinese Manufacturers’ Control Over Electric Buses, Power Grids, […]
Continue ReadingExxonMobil Corporation (XOM) delivered a powerhouse performance in the third quarter of 2025, underscoring its operational prowess amid a challenging energy landscape. The company reported GAAP earnings of $7.5 billion, or $1.76 per share, marking an increase from $7.1 billion in the prior quarter. Excluding identified items, adjusted earnings reached $8.1 billion, or $1.88 per […]
Continue ReadingThe African Energy Chamber (AEC) has released its highly anticipated State of African Energy 2026 Outlook, painting a picture of steady growth and untapped potential in Africa\’s onshore oil and gas sector. According to the report, onshore hydrocarbon spending across the continent is projected to reach $22 billion in 2026, driven by optimization at mature […]
Continue ReadingIn the global energy landscape, the narrative of a swift “transition” away from fossil fuels to renewables has dominated headlines. However, a closer examination of demand trends, investment patterns, and infrastructure realities reveals a different story: we are in an era of energy addition. Renewables like wind and solar are expanding rapidly, but oil, natural […]
Continue ReadingIn a market grappling with tumbling crude prices and an oversupply of oil, major oil companies are aligning with OPEC\’s strategy by ramping up production. This week’s earnings reports from industry heavyweights like ExxonMobil, Chevron, Shell, BP, and TotalEnergies are expected to confirm these expansion plans, signaling a push forward despite short-term headwinds. As Brent […]
Continue ReadingIn a recent address at a conference in London, ExxonMobil CEO Darren Woods provided insights into the future of the global oil market, painting a picture of potential supply constraints ahead. As the head of one of the world\’s largest energy companies, Woods\’ comments carry significant weight for the industry, highlighting a shift from current […]
Continue ReadingDaily Standup Top Stories OPEC+ Has Come Close to Its Limit, Leaving Prices Open to Spike October 8, 2025 Clark Savage In the volatile world of global energy markets, OPEC+—the alliance of oil-producing nations led by Saudi Arabia and Russia—is pushing against its production boundaries. With spare capacity dwindling, the group finds itself in a precarious […] […]
Continue Reading