Core Insights - New Zealand Energy Corp. (NZEC) is advancing the Tariki Gas Storage Project through a non-binding memorandum of understanding (MoU) with Genesis Energy Limited, aiming for a final gas storage services agreement to support project completion and commercial operations [2][5] Group 1: Project Development - The MoU establishes a framework for collaboration on technical studies, commercial negotiations, and project development milestones necessary for the Tariki Gas Storage Project [2] - Subsurface and engineering work is ongoing to confirm the project's parameters, with dynamic subsurface modeling scheduled for delivery in December 2025 [3] - Gas storage facility development concept studies are in progress, focusing on surface facilities, compression, and operational configuration [3] Group 2: Operational Readiness - NZEC is progressing operational readiness at the Tariki-A site, with velocity-string sizing completed by the end of Q2 2025 [4] - Temporary gas compression planning for Tariki-5A has advanced, with operations expected to recommence in Q1 2026 based on current lead times [4] Group 3: Strategic Partnerships - The partnership with Genesis is strengthening, with both companies committed to advancing the Tariki Gas Storage Project, which is seen as a potential foundational asset in New Zealand's energy market [5] - NZEC's CEO expressed optimism about the project's potential to provide significant value to the New Zealand energy system [5] Group 4: Company Overview - NZEC is a publicly listed energy company focused on oil, gas, and gas-storage opportunities in New Zealand, holding interests in multiple heritage assets and development-stage projects [6]

Core Insights - A major oil producer is currently trading at a valuation that suggests it may cease to exist within a decade, which is an unusual situation for such companies [1] - The company is also noted for paying a significant dividend, which adds to the complexity of its valuation [1] Group 1 - The valuation implies a potential existential risk for the oil producer, indicating market skepticism about its long-term viability [1] - The rarity of such a situation highlights the unique challenges faced by major oil producers in the current economic environment [1]

Key Takeaways Shell signs a decade-long PPA to supply Ferrari with 650 GWh of renewable energy.The agreement supports Ferrari's plan to slash Scope 1 and Scope 2 emissions by 2030.Shell will also provide certificates to cover all of Ferrari's energy needs across Italy.Shell plc (SHEL) has signed a significant long-term deal to supply Ferrari (RACE) , an Italian-based automobile manufacturer, with renewable energy, extending until 2034. This partnership aims to help the iconic luxury automaker reduce its car ...

Key Takeaways CVX steps in with vital naphtha supplies as Venezuela faces disrupted crude-loading operations.The Nave Neutrino reroutes to secure feedstock, highlighting CVX's role in sustaining flows.Rising U.S.-Russia tensions add pressure to Venezuela's fragile oil sector and shipping activity.Per Bloomberg,Chevron Corporation (CVX) has reportedly stepped in to provide critical feedstock supplies in Venezuela amid a recent disruption involving a Russian vessel and increased U.S. military presence, which ...

The UK government will stick with a controversial windfall tax for North Sea oil and gas producers until the end of the decade https://t.co/AAeLWp3U1w ...

Oil became the dominant fuel for transport, industry, and the military from roughly World War I onwards. Following this conflict, oil became more than just a commodity; it was the operating system of industrial society. It powered transport, heavy industry, and mechanised agriculture, and underpinned modern militaries. By World War II, oil was not just a fuel; it was the lifeblood of national power. This embedded oil deeply into every industry, because there were no fast substitutes for oil in transport o ...

After several strong years, the domestic oil and gas industry is working through a consolidation phase. Lower commodity prices, reduced exploration and production (E&P) budgets and a softer U.S. rig count have driven a more negative tone in headlines, with mostAt Avalon Capital Research, our mission is straightforward: deliver independent, actionable research on U.S.-listed companies and the forces that move markets. We believe investors deserve clarity, not noise, when it comes to earnings events, corporat ...

After several strong years, the domestic oil and gas industry is working through a consolidation phase. Lower commodity prices, reduced exploration and production (E&P) budgets and a softer U.S. rig count have driven a more negative tone in headlines, with mostAt Avalon Capital Research, our mission is straightforward: deliver independent, actionable research on U.S.-listed companies and the forces that move markets. We believe investors deserve clarity, not noise, when it comes to earnings events, corporat ...

Core Viewpoint - UBS downgraded Shell from a "Buy" to a "Neutral" rating, reflecting a change in perception regarding the stock's value [1][5] Company Overview - Shell is a global energy company with a market capitalization of approximately $212.23 billion, competing with major players like ExxonMobil and BP [1] - As of November 25, 2025, Shell's stock price was $72.95, with a slight decrease of 0.25% to $73.05, indicating a change of $0.19 [2] Stock Performance - Despite the downgrade, Shell's stock has shown resilience, reaching a high of $77.47 and a low of $58.55 over the past year [4] - The trading volume today is 2,818,891 shares, indicating active investor interest [4][5] Strategic Initiatives - Shell's partnership with Ferrari aims to provide renewable energy until the end of 2034, highlighting its commitment to sustainability and reducing carbon emissions [3][5]

Key Takeaways ExxonMobil has paused its plan for a major blue hydrogen plant in Baytown due to weak demand.Higher costs and limited customer willingness to pay have stalled progress on the project.Economic uncertainty and difficulty securing offtake deals add to challenges facing the project.Exxon Mobil Corporation (XOM) , a U.S. oil and gas giant, stated that it has put a hold on its plans for the construction of the blue hydrogen facility in Baytown, TX, intended to be the largest of its kind, as customer ...