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October 1, 2022

Mexico Looks to become a top LNG export player

Business

The current LNG crisis has opened the door for Mexico to export some excess natural gas. This news also gives Mexico the incentive to target…

News
July 10, 2021

Brazil hopes to be the world’s fifth-largest oil exporter by 2030 – Brazil Energy Minister

Petróleo Brasileiro

According to Brazil’s Energy Minister, The Country hopes to be the fifth-largest oil exporter by 2030. “In 2030, when we reach a production of 5.3…

News
July 5, 2021

Russian oil company agreed to acquire a 50% operator stake offshore Mexico.

Lukoil, Mexico Oil

Russia’s Lukoil joins Mexican shallow-water project Area 4 The acquisition adds to its involvement in blocks 10, 12, 14, 28 and Amatitlan in Mexico, which…

News
June 13, 2021

Shell to consider the sale of it’s largest U.S. oil field in Texas

Royal Dutch Shell

According to reports, Shell will consider selling its Permian assets in Texas to focus on the more profitable ones. Shell has about 260,000 acres in…

News
iran oil tanker to syria
April 8, 2021

Posable flashpoint is developing in the Middle East with Iran

Business

Further details here regarding the ongoing oil shipments to Syria. Iran tankers with 3M barrels of crude oil head to Syria. Iran is defying the…

News
texas oilfield drilling
March 1, 2021

US Drilling Rig Count Hits a 10 Month High

Business

US Rig count top 400 at 402, highest since May 2020 According to reports, drilling is picking up quickly and Texas seems to be the…

News
December 27, 2020

Texas billionaires Dan and Farris Wilks got a $35 million coronavirus relief loan, thanks to Ted Cruz

Business, Fracking, Politics

Another day at the Office for Ted. Rafael Edward Cruz, the Junior United States Senator for Texas, convinced the trump admin to give $35m in…

News
December 25, 2020

Texas looks to be a Diversified Energy Producing State

Invenergy, Texas, Texas Renewable Energy

Texas is the #1 energy consumer in the country and its economy and growth are dependent on reliable, secure and sustainable power. Abundant resources, an…

News
December 13, 2020

Wood Mackenzie: The coming crash of liquefied natural gas

Wood Mackenzie

Global energy transition goals could threaten more than two-thirds of the world’s supply of liquefied natural gas

News
November 4, 2020

Saudi Aramco’s net profit plummeted nearly 45%

Aramco

Weak oil demand in the third quarter hit Saudi Aramco’s net profits. According to reports, Saudi Aramco’s third-quarter results announced on the same day showed that…

News
September 8, 2020

West Texas Intermediate crude slipped $3.19, or 8%, to trade at $36.60

Aramco, Commodities, Crude Oil Prices

Crude oil continues it’s schizophrenia moves during today’s trading session after reports of weakness in the post Coronavirus world. The list below is today’s top…

News
September 2, 2020

Liberty Frac is going to get a whole lot bigger

Liberty Oilfield Services

Liberty Oilfield Services Inc. and Schlumberger announced an agreement for the sale of Schlumberger’s onshore hydraulic fracturing business in the United States and Canada, including…

News
Halliburton Company
May 26, 2020

Halliburton goes on survival mode – slash quarterly dividend

 Halliburton

Halliburton Company recently announced that the board of directors decided to slash quarterly dividend for the second quarter of 2020 by 75%. Cutting spending again….

News
May 9, 2020

Earnings Report & Marathon Oil (MRO) laid off 16% of its workforce

Marathon

Marathon Oil (MRO) missed views and laid off 16% of its workforce, while halting dividend payments and buybacks. It also cut its 2020 capital spending…

News

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