March 11, 2025 - Oil & Gas 360

Energy Market Assessment: Restoring upward mobility of the masses will have a profitable oil & gas drilling boom

March 11, 2025

(Oil & Gas 360) – Switching Back To An Employer-Driven Economy (From Ruler-Driven) Restoring Upward Mobility Of The Masses Will Have A Profitable Oil & Gas Drilling Boom. While many are worried about stock market volatility, interest rates, tariffs and other uncertainty, The Climate Changing to stimulating is driving our bullish natural gas outlook. Last week’s 80 Bcf draw in

A note on the news – Decision time: For Europe – and others

March 11, 2025

(Oil & Gas 360) – After World War II, the US established a new “rules-based liberal international order” dominated by new “liberal democracies”. That system with its democracies is crumbling – right on schedule. As I have written previously, democracies vote for their own destruction; they typically last less than a century. The post-WWII democracies are now 75 to 80

IEA: The world needs upstream oil and gas investment

March 11, 2025

(Oil Price) – The world needs upstream investments in existing oil and gas fields to support global energy security, Fatih Birol, the executive director of the International Energy Agency (IEA), said at the CERAWeek by S&P Global conference in Houston. The IEA famously said in 2021 that no investments in new oil and gas fields are needed if the world has a chance

Exxon bets big on natural gas in its eighth Guyana oil project

March 11, 2025

(Oil Price) – ExxonMobil’s eighth oil project offshore Guyana will also be the biggest natural gas development of the Exxon-led consortium in the prolific Stabroek Block. Exxon and its partners in Guyana’s oil projects, U.S. Hess Corp and CNOOC of China, expect to produce up to 1.5 billion cubic feet per day (bcfd) of natural gas and 290,000 barrels per day

Republicans seek to protect green tax credits in budget bill

March 11, 2025

(Investing) – WASHINGTON -A group of Republican lawmakers urged the House committee drafting President Donald Trump’s proposed tax cuts in the upcoming budget reconciliation bill to preserve key clean energy tax credits enacted under the Biden administration to protect private sector investments in their districts, according to a letter circulated on Monday. Led by New York Republican Congressman Andrew Garbarino, the

Alberta government says premier in talks with potential overseas heavy oil buyer

March 11, 2025

(BOE Report) – CALGARY – The Alberta government says Premier Danielle Smith has been in talks with a multinational oil and petrochemical player about selling two million barrels per month of province-owned heavy oil. It said in a news release that there was a meeting on Monday, but it did not identify the company or say what part of the world

US should restart shuttered coal units, Interior Secretary tells Bloomberg

March 11, 2025

(Investing) – The United States should restart shuttered coal-fired power plants under President Donald Trump’s national energy emergency declaration, Interior Secretary Doug Burgum said in a video interview with Bloomberg News on Monday. Doing so would help the U.S. to meet rising electricity demand that is being fueled by a boom in artificial intelligence, said Burgum, who chairs Trump’s National Energy

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