Key Takeaways NE has started drilling at the Malampaya-Camago field using its Noble Viking drillship. The contract includes three wells with an option for a fourth, starting with Bagong Pag-Asa-1. The MP4 project aims to extend field life and reduce the Philippines' reliance on energy imports.Noble Corporation plc (NE) , a leading offshore drilling contractor, has begun its drilling campaign at the Malampaya-Camago field offshore the Philippines. In 2024, Noble’s drillship, the Noble Viking, secured a con ...

Iraq’s electricity grid lost around 15% of its generation capacity after gas supplies from neighboring Iran were more than halved on Tuesday, highlighting the country’s vulnerability to energy shocks despite its oil wealth https://t.co/9Af4L4O919 ...

Key Takeaways APA outperforms OXY with a 23.22% ROE, 5.39% dividend yield, and a lower EV/EBITDA valuation of 2.68X. Earnings estimates for APA rose 3.08% for 2025 and 2.53% for 2026, in the past 30 days. APA shares gained 9.1% over the last month, outpacing OXY's 4.5% rise and the SThe companies operating in the Zacks Oil and Gas Exploration and Production - United States industry present a strong long-term investment case, driven by rich shale reserves, cutting-edge extraction technologies and sustained ...

Actually, I don't think it's so much a surprise that it's happening is more like, why did it take so long. And I think a lot of it has to do with higher interest rates, exposing the severity of the imbalances. And from a financial perspective, what we're witnessing right now is an unwind of the capital misallocation going back to 2008 and arguably all the way back to the fall of the Berlin Wall in 1989.And, you know, driving those misallocation one was the the GFC. The United States had the biggest stimulus ...

A floating LNG terminal chartered by Germany left its temporary location in recent days, signaling that the contentious project to boost energy security is unlikely get back on track soon https://t.co/D2qjjVo9rg ...

Key Takeaways XOM raised output at the Cepu Block to 180,000 bpd from previous 150,000 bpd. The added output supports Indonesia's 2024 oil target amid lower-than-expected production year to date. The Cepu Block accounts for 25% of Indonesia's total oil output, reinforcing its strategic importance.Exxon Mobil Corporation (XOM) , the U.S. oil and gas giant, has ramped up production at the Cepu Block in Indonesia, delivering an additional 30,000 barrels of oil per day. The country's energy ministry made an a ...

Key Takeaways CVX has restarted gas output at Leviathan after a security-driven shutdown on June 13. Leviathan supplies 15-20% of Egypt's energy demand, restoring flows after a huge loss. Leviathan aims to boost gas output from 12 bcm to 14 bcm annually by 2026 to meet regional needs.Chevron Corporation (CVX) has resumed operations at the Leviathan natural gas field off Israel’s Mediterranean coast following a temporary suspension triggered by the Iran-Israel conflict. The restart comes after a ceasefire ...

Joining us now from the strategic for center for strategic and international studies, senior fellow for energy security, Clay Seagull. Was that was that an overstatement, Clay, to say that what we just showed our viewers, which is a bunch of red arrows, each one representing, by the way, a ship, the number of ships in that body of water is probably going to determine the path of oil and natural gas prices. Hey guys, good afternoon.Good to be with you. I think that the illustration that you showed basically ...

[Music] At 23 years old, fresh out of school, I was lost, searching for purpose. And as any good millennial would do, this is before Tik Tok and doom scrolling. I bought a dozen books on oil and gas and I just went down the rabbit hole.Big nerd here. And I quickly realized human progress is just a function of unlocking more energy and more energy. And human progress is perfectly correlated with energy production per capita.But then some idea hit me like a brick wall. We are stuck in hydrocarbon age. An era ...

ANNOUNCER: THIS IS BALANCE OF POWER FROM D. C. JOE: WELCOME.THE WORLD WAITS FOR PRESIDENT TRUMP ON WHETHER TO JOIN ISRAEL OFFENSIVELY AGAINST IRAN. PRES. TRUMP: I LIKE TO MAKE A FINALS NAL DECISION ONE SECOND BEFORE IT IS DUE.JOE: WE TALKED TO MEGAN O'SULLIVAN. TYLER: THE CONFLICT SENDING OIL SURGING. WE HAVE A LOOK AT HOW THE INDUSTRY IS PREPARING.JOE: REPUBLICAN INFIGHTING INTENSIFIES. DEMOCRATS SHARPEN ATTACKS. >> REPUBLICANS HAVE MADE CLEAR THEY ARE WILLING TO THROW MILLIONS OF AMERICANS UNDER THE BUS S ...