Shell is actively exploring the development of Venezuela’s offshore natural gas resources, with plans to route production through Trinidad and Tobago’s existing infrastructure for export as LNG. In a February 2026 earnings call and subsequent Bloomberg TV interview, Shell CEO Wael Sawan confirmed ongoing talks with Venezuela’s government to advance offshore gas projects, specifically targeting […]
Week Ending May 8, 2026 U.S. Rig Count Edges Higher for Third Straight Week The Baker Hughes U.S. rotary rig count rose by 1 rig to 548 for the week ending May 8, 2026. Here is the Full WellDatabase Weekly Report We recommend getting a Subscription at WellDatabase! This marks the third consecutive weekly increase […]
Venezuela’s long-suffering electricity system is once again flashing red warning lights. According to Bloomberg, the country has announced emergency measures after power consumption reached a nine-year high, raising the specter of widespread blackouts that could derail the nascent economic recovery following the dramatic political changes earlier this year. Installed generation capacity stands at roughly 37,000 […]
ENB Pub Note: This article was originally posted on the Hill by Sen. Alan Armstrong. I am reaching out to him to get him on the podcast. We recommend reading The Hill. I didn’t come to the Senate from politics — I came from the field. I started as an engineer in Oklahoma’s energy sector […]
ENB Pub Note: This article is from C3 News Mag, and we highly recommend following them and reading. David Kemp & Prasanna Pydipalli Growing opposition to data centers is beginning to expose divides in both parties. Last week, POLITICO reported that progressive challengers in battleground House primaries in Tennessee, Indiana, Virginia, and Maine are backing a national moratorium on […]
In a move signaling a renewed focus on its core oil and gas operations, BP announced on May 7, 2026, that it plans to sell portions of its equity stakes in two flagship UK carbon capture and storage (CCS) projects in Northern England. The decision comes as both projects—Net Zero Teesside (NZT) Power and the […]
As Virginia prepares to rejoin the Regional Greenhouse Gas Initiative (RGGI) this summer under Democratic Gov. Abigail Spanberger, ratepayers are facing yet another round of higher electricity bills. Proponents frame the move as a smart climate policy that will somehow deliver affordability amid surging data-center demand. But the reality, backed by years of data from […]
As U.S. naval pressure intensifies around Iran’s ports and the Strait of Hormuz, Tehran is accelerating use of its overland rail connection to China as a sanctions-busting “back door.” The route, part of Beijing’s Belt and Road infrastructure push, offers a faster, blockade-resistant alternative for goods — but how much can it really move, especially […]
In a sharp escalation near the world’s most critical energy chokepoint, Iran and the United States clashed overnight in the Strait of Hormuz, with Tehran accusing Washington of targeting an Iranian-flagged oil tanker and then launching missile, drone, and small-boat attacks on three US Navy destroyers. The incident, which both sides described as defensive, comes […]
In a significant step toward reducing dependence on China for critical minerals, American mining company Critical Metals Corp. (NASDAQ: CRML) has secured formal approval from the Greenland government to acquire a 70% stake in 60° North ApS, advancing full control over the world-class Tanbreez rare earth deposit in southern Greenland. This development, announced in early […]
