The Impact of President Trump’s Tariffs on the Energy Markets
In a recent conversation with Loren McGinnis, host of CBC’s Calgary Eye Opener, I, Al Salazar of Enverus Intelligence® Research (EIR), analyzed the fragile state of the global economy and its ripple effects on energy markets. We explored the sharp decline in oil prices— futures contracts for Brent and West Texas Intermediate (WTI) recently have […]
Navigating Oil Price Volatility Amid Trump’s Tariffs and OPEC’s Production Shifts
We’ve seen Brent and WTI plummet by roughly $10-$15 per barrel, primarily due to fears of a global economic slowdown and the impending recession triggered by President Trump’s tariffs. The market is reevaluating its expectations, forecasting weakened oil demand amid a fragile global economy.
OPEC+ and the Trump Presidency: The Bull Turns Bearish
The following blog is distilled from an interview on CBC’s “The Eyeopener,” hosted by Loren McGinnis who interviewed Enverus Intelligence® Research’s (EIR) very own Al Salazar. Click here to listen to the full radio segment. Consequences for U.S. Shale and Alberta Oil Among these developments are OPEC+’s decision to unwind cuts; Brent, the world’s benchmark […]
The Shifting Winds of Energy Transition
British Petroleum Backs Away From Renewables The following blog is distilled from an interview on CBC’s “The Eyeopener,” hosted by Loren McGinnis who interviewed Enverus Intelligence® Research’s (EIR) very own Al Salazar. Click here to listen to the full radio segment. The tide is shifting in the energy sector. Energy companies are under pressure because […]
85 Million Barrels per Day by 2030: Why IEA’s Oil Demand Net Zero Ambitions Are Wishful Thinking
The following blog is distilled from an interview on the CBC’s “The Eyeopener,” hosted by Loren McGinnis who interviewed Enverus Intelligence® Research’s very own Al Salazar. Click here to listen to the full radio segment. In its recent World Energy Outlook report, the International Energy Agency (IEA) made a bold prediction that renewable energy would […]
Upstream M&A Activity Slows in Q3 2024 – What Does It Mean for the Future of the Energy Sector?
Q3 2024 saw a significant dip in U.S. upstream M&A activity, with $12.4 billion in deals reflecting broader shifts in the energy market. Key trends include a geographic shift in deal focus, notably towards the Williston Basin, as well as a heightened
Why $85 Brent Is the New Base Case as Geopolitical Tension Builds
The following blog is distilled from an interview on the CBC’s “The Eyeopener,” hosted by Loren McGinnis who interviewed Enverus Intelligence® Research’s very own Al Salazar. Click here to listen to the full radio segment. With Brent hovering around $75, global oil markets have been a rollercoaster ride in recent months. A war in the […]
Permian Basin Play Fundamentals
The Permian Basin, found in West Texas and southeast New Mexico, is the busiest basin in the U.S. by a factor of five. This blog highlights which operators own the majority of remaining Permian drilling inventory and how operator development choices impact well performance.
ConocoPhillips Buys Marathon for $22.5 Billion | Playing in the Big Leagues
In a significant move reshaping the U.S. shale landscape, ConocoPhillips has agreed to purchase Marathon Oil for $22.5 billion, marking a shift towards multi-basin operations and promising a robust future for shareholders with enhanced capital returns and increased operational scale.
From data to decisions: The role of AI in enhancing oil and gas operations
The energy sector is definitely drawn to the potential of artificial intelligence (AI). The promise of making things work better and more efficiently is too tempting to ignore.