Oil and Gas This Week | July 2 2025 | Ep 382

Sponsored by Cognite – https://www.cognite.com/en/ogpodcast Investors brace for oil price spike, rush to havens after US bombs Iran nuclear sites https://www.reuters.com/business/energy/middle-east-tensions-put-investors-alert-weighing-worst-case-scenarios-2025-06-21 U.S. calls on China to prevent Iran from closing Strait of Hormuz and disrupting global oil flows https://www.cnbc.com/2025/06/22/us-calls-on-china-to-prevent-iran-from-closing-strait-of-hormuz.html Iran oil doomsday in Hormuz may be more fear than reality https://www.reuters.com/markets/commodities/iran-oil-doomsday-hormuz-may-be-more-fear-than-reality-bousso-2025-06-22 Oil tanker market signals […]

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Sponsored by Cognite – https://www.cognite.com/en/ogpodcast Three total fatalities reported from Chevron Angola platform fire https://www.worldoil.com/news/2025/5/28/three-total-fatalities-reported-from-chevron-angola-platform-fire US drillers cut oil and gas rigs to lowest since November 2021, Baker Hughes says https://www.reuters.com/business/energy/us-drillers-cut-oil-gas-rigs-lowest-since-november-2021-baker-hughes-2025-05-30 OPEC+ Mulls Even Larger Oil Output Hike as It Seeks Market Share https://www.rigzone.com/news/wire/opec_mulls_even_larger_oil_output_hike_as_it_seeks_market_share-30-may-2025-180695-article bp appoints former U.S. shale boss to board as part of […]

Sponsored by Cognite – https://www.cognite.com/en/ogpodcast Mark and Paige record live from the Petroleum Accountants Society of Houston’s Annual Picnic Event at St Arnolds Brewery.  Aramco signs pacts worth up to $90 billion with U.S. companies https://worldoil.com/news/2025/5/14/aramco-signs-pacts-worth-up-to-90-billion-with-u-s-companies U.S. Energy Department launches ‘largest deregulatory effort in history’ https://worldoil.com/news/2025/5/14/u-s-energy-department-launches-largest-deregulatory-effort-in-history U.S. crude production may decline in 2026 amid slowing […]

Sponsored by Cognite – https://www.cognite.com/en/ogpodcast Indian Refiners Scoop Up Russian ESPO Crude as China Steps Back https://oilprice.com/Latest-Energy-News/World-News/Indian-Refiners-Scoop-Up-Russian-ESPO-Crude-As-China-Steps-Back.html Germany Slams Idea of Splitting Europe’s Power Market into Zones https://oilprice.com/Latest-Energy-News/World-News/Germany-Slams-Idea-of-Splitting-Europes-Power-Market-Into-Zones.html Libya is Too Risky for Big Oil https://oilprice.com/Energy/Energy-General/Libya-is-Too-Risky-for-Big-Oil.html Brazil’s Oil Ambitions Challenge Climate Goals https://oilprice.com/Energy/Energy-General/Brazils-Oil-Ambitions-Challenge-Climate-Goals.html Crude Dips to Two-Week Low Amid Trade War Fears https://www.rigzone.com/news/wire/crude_dips_to_twoweek_low_amid_trade_war_fears-28-apr-2025-180362-article AccuWeather Looks […]

Sponsored by Cognite – https://www.cognite.com/en/ogpodcastCheck out the Oil and Gas Sales and Marketing podcast! Brought to you on OGGN, the largest and most listened to podcast network for the oil and energy industry. Don’t forget to ask a question for our next First Friday Q&A. You ask the questions and we answer them. Enjoying the show? Leave […]

Sponsored by Cognite – https://www.cognite.com/en/ogpodcast Exxon suing the California Attorney-General and several environmental groups  https://au.finance.yahoo.com/news/andrew-forrest-named-exxon-defamation-101551328.html Keystone oil pipeline shutdown could quickly lead to higher gasoline prices https://apnews.com/article/keystone-oil-pipeline-north-dakota-spill-36e86142566763a5464e1dd132eede56 Company says thousands of gallons of oil have been recovered from a pipeline spill in North Dakota https://apnews.com/article/north-dakota-keystone-oil-pipeline-spill-3688a2d7b0f26f57eef88ffa049cd3d4 Energy Secretary Wright: U.S. Can Bring Iran’s Oil Exports to […]

Sponsored by Cognite – https://www.cognite.com/en/ogpodcast Petroleum Student Captures Award For Research To Reduce Fracking Expenses https://www.egr.uh.edu/news/202503/petroleum-student-captures-award-groundbreaking-research Penn State, Shell collaboration funds environmental research project https://www.psu.edu/news/altoona/story/penn-state-shell-collaboration-funds-environmental-research-project Chevron and New Orleans score big at the big game https://www.chevron.com/newsroom/2025/q1/chevron-and-new-orleans-score-big-at-the-big-game ExxonMobil-Rattanakosin Bicentennial Scholarships given to university students for 42 consecutive years https://corporate.exxonmobil.com/locations/thailand/thailand-news-and-views/news-releases/2025/20250110-em-supports-rattanakosin-bicentennial-scholarships International Women’s Day: Noora Musa https://corporate.exxonmobil.com/locations/qatar/celebrating-inspiring-women TAMUQ […]

Sponsored by Cognite – https://www.cognite.com/en/ogpodcast US oil producers face new challenges as top oilfield flags https://www.reuters.com/markets/commodities/us-oil-producers-face-new-challenges-top-oilfield-flags-2025-03-27 What to know about Greenpeace after the Dakota Access protest case decision https://apnews.com/article/what-is-greenpeace-cf48a5ba427fb214713bee842c6c3029 Oil major Shell vows to boost shareholder returns, doubles down on LNG push https://www.cnbc.com/2025/03/25/oil-major-shell-bolsters-shareholder-distributions-cuts-spend.html Rubio Warns Venezuela Against Attacking Guyana, Exxon https://www.rigzone.com/news/wire/rubio_warns_venezuela_against_attacking_guyana_exxon-28-mar-2025-180071-article Aramco Looks to Invest […]

Sponsored by Cognite – https://www.cognite.com/en/ogpodcast Greenpeace ordered to pay $660M to oil company by judge, prompting bankruptcy fears https://www.msn.com/en-us/money/companies/greenpeace-ordered-to-pay-660m-to-oil-company-by-judge-prompting-bankruptcy-fears/ar-AA1BiqeH?ocid=hpmsn&cvid=e73e3c1b4b1a43d2fc1e2c62a134fa3f&ei=18 Oil rises as Trump says Iran will be held responsible for any future Houthi attacks https://www.cnbc.com/2025/03/17/oil-rises-as-trump-says-iran-will-be-held-responsible-for-any-future-houthi-attacks.html Drone usage becoming more incorporated into terminal facilities https://www.bicmagazine.com/industry/tank-term-storage/drone-usage-becoming-incorporated-terminal-facilities OPEC+ issues new plan for oil cuts to compensate for overproduction […]