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First oil gushes out of North Sea project
https://www.offshore-energy.biz/first-oil-gushes-out-of-north-sea-project/

U.S. oil slips below $100 as Trump demands reopening of Strait of Hormuz
https://www.cnbc.com/2026/04/10/oil-price-wti-brent-saudi-pipeline-attack-middle-east-war.html

‘Weeks, if not months’: Strait of Hormuz tanker traffic won’t normalize anytime soon
https://www.cnbc.com/2026/04/09/tankers-return-to-hormuz-ceasefire-disruption-to-last-weeks.html

Delta CEO says airline will ‘meaningfully’ cut growth plans, sees $300 million boost from its refinery
https://www.cnbc.com/2026/04/08/delta-air-lines-q1-2026-earnings.html

Vance Flies Out After Talks With Iran Fail, Saudis Restore Pipeline
https://www.asiafinancial.com/vance-flies-out-after-talks-with-iran-fail-saudis-restore-pipeline

Asian Fuel Importers Look to Saudi Ports Amid Hormuz Uncertainty
https://www.asiafinancial.com/asian-fuel-importers-look-to-saudi-ports-amid-hormuz-uncertainty

Iran war raises demand for U.S. fuel, boosting Gulf Coast refining margins
https://www.bicmagazine.com/industry/refining-petrochem/iran-war-raises-demand-for-us-fuel/

Gulf Coast refiners and chemical plants adapt strategies as markets reset
https://www.bicmagazine.com/industry/refining-petrochem/gulf-coast-refiners-chemical-plants-adapt-strategies-markets-reset/

Hexagon to Buy Baker Hughes’ Waygate for $1.45 Billion
https://financialpost.com/pmn/business-pmn/hexagon-to-buy-baker-hughes-waygate-for-1-45-billion

Microsoft, Chevron sign $7B Texas AI data center power deal
https://www.bicmagazine.com/industry/powergen/microsoft-chevron-7b-ai-power-deal-texas/

Ten workers suffer injuries as fire breaks out at Asian offshore oil platform
https://www.offshore-energy.biz/ten-workers-suffer-injuries-as-fire-breaks-out-at-asian-offshore-oil-platform/

Oxy employees support Hunger Action Month with meal donations
https://www.bicmagazine.com/industry/philanthropy-community/oxy-employees-support-hunger-action-month-with-meal-donations/

—–

REVIEW

Dear Mark & Paige,

Well….where to start! I’ve been one of your early followers. In fairness while I may not always agree with what you say, I do respect the options you share. That said show #399 saw you stepping far outside what would be considered credible. It’s time that this behaviour was called out.

If you want true credibility & respect in countries where oil & gas is important (no somewhere like Hong Kong, really doesn’t count) then you need to be less of a fan boy for the current US administration. Please focus upon the oil & gas industry & take a balanced approach since some of the impressionable minds who listen to you may take away a flawed understanding.

I recognise your service (thank you for your service) but to go so far as to present the Trump administration as the following is misguided:-

Strategic – this is not a war since Congress has not approved of this military activity. What was stopping the President from seeking Congress approval – perhaps there are events domestically that he needs attention shifting from? This is nog strategic thinking.

Forward planning- Blind Freddie could have told you Iran would close the Straits of Hormuz. They have been preparing for this since 1979 & learned many lessons during the Iran-Iraq war. Where was the US strategic thinking here – did this leave the Pentagon with the experienced & knowledgeable senior staff that have been dismissed by this Administration? Where are the voices guiding the President or is it a case of too many “yes men” unable / unwilling to present counter perspectives?

Geniuses – to describe lifting sanctions on Iranian oil “just to help the world” in this manner is surely an over reach. This act is a reaction by a President that is remarkably bullish and yet still thin skinned when prices that his actions caused to rise unnecessarily begin to affect his popularity.

Militarily astute – frankly a frat boy approach from the Secretary of the ridiculously titled Department of War. “Negotiating with bombs” is juvenile at best and homicidal at worst. Is a former Fox presenter really qualified to lead this department even allowing for his previous limited military experience.

Acting in a measured & considered manner- to act unilaterally then to complain about lack of support while being unable to send his own navy into the Straits of Hormuz. To threaten to invade Greenland – part of a NATO nation & an ally that bled in the Middle East for US purposes. To plan to annex Canada which by the way is a sovereign nation, where King Charles III is STILL the head of state while still stating he considers His Highness a friend.

Disrespectful – US allies answered the call on Article 5 after 9/11 losing per capita more lives than even the US. These Allies were not consulted or advised on a conflict that is not even ratified by your own Congress.

To ridicule the support of US Allies in previous conflicts disrespects their lost warriors especially from a multiple draft dodger.

A President that spouts a profanity laden “Truth” (was this platform ever imaginatively titled!) threatening death & destruction, while professing to be Christian on the weekend when Jesus was to have risen is remarkable.

Your comment about allies speaking German is not only wrong but is disrespectful to the thousands of Allied AND US service personnel that laid down their lives for a better world. As a former Marine, come on Mark, you’re better than that.

Frankly all of the above embarrasses you – or should.

Military professionals whom I have spoken with from not only European nations but also the US have stated that not advising to NATO countries before taking military action is simply wrong and then being unwilling to police that same waterway with US resources is a novel approach. These former US & NATO military personnel confirm that NATO troops were far what Trump stated In Afghanistan … “They stayed a little back, a little off the front lines.” They consider this the ultimate insult.

So as a veteran of the oil & gas industry, I respectfully suggest you stay in your lane and comment on material relevant to the oil & gas industry and not on politics since you’re clearly misguided. Oil & gas will allow you to further your bromance with ExxonMobil which continues to amuse those of us that have worked internationally with both EM and other operators.

If you wish to discuss this further, I welcome a fact-based conversation rather than the opinion based & unsupported sound bites that you threw out on your podcast.

I look forward to you flaming me but as I said I enjoy your commentary but there is a line which you have crossed. To not speak up to correct this is morally wrong.

——

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The Weekly Rig Count by Baker Hughes https://rigcount.bakerhughes.com/rig-count-overview 

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Sponsored by TeamViewer – The Digital Workplace Platform

Summary:
In this inspiring episode, Andrew opens with the powerful truth that “a healthy person has a thousand dreams — a sick or injured one has only one.” Joined by Linda Tapp of the American Society for Safety Professionals (ASSP) and Wyatt Bradbury of Avetta, he explores how the new Culture Maturity Index (CMI) is transforming safety culture from an abstract concept into something truly actionable and measurable. Together they reveal how data, standards, and technology can reduce serious injuries and fatalities, strengthen contractor safety, and turn safety into a genuine driver of business performance.

Show Links:

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Sponsored by Tracerco – Direction, Measurement and Diagnostics Solutions
Learn More at tracerco.com

Why does the United States export 5 million barrels of oil a day while importing 7 million more?

In this episode of Refining Reality, Bill and Brian Pieri of EnergyRogue.com demystify the complex relationship between U.S. crude production and the aging infrastructure of American refineries. While headlines often focus on record-breaking production of 14 million barrels per day, the reality is that 44% of that oil is refined outside the country.

Key topics covered in this episode: The Gravity Gap: Bill explains API Gravity and why “lighter” Permian crude (46-48°) often lacks the yield for high-value products compared to the “heavy” barrels (8-9°) our refineries were built to handle.

The Canadian Connection: Why 7 million barrels—predominantly from Canada—are essential to keeping U.S. refineries running at their 16 million barrel-per-day capacity.

Aging Infrastructure: We compare renovating 60-year-old refineries to fixing up a 1910 house—and why the technology hasn’t yet caught up to the “light” crude wave.

Economics of the Barrel: Brian shares research on why refining lighter crude is cheaper, but often results in less valuable end-products compared to heavy-crude outputs like jet fuel and asphalt.

Sponsored by Tracerco:
This episode is brought to you by Tracerco, a global leader in process diagnostic technologies. Learn how their real-time measurement insights help refinery engineers catch issues early, reduce shutdowns, and optimize performance even as the quality of available crude shifts.

Join the Conversation:
Check out more market analysis at EnergyRogue.com and find other great industry education on the OGGN (Oil and Gas Global Network)

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Sponsored by Ericsson – Driving oil and gas forward with seamless connectivity.

This episode features Mike Smith and Steve Burnaman from Nextier Energy, recorded live at NAPE Expo in Houston.

Casey sits down with Mike and Steve to discuss their work as independent operators and consultants focused on unconventional oil and gas development. With experience spanning the Barnett Shale, international projects, and advisory work across multiple basins, they bring a practical perspective on evaluating, developing, and executing energy projects.

The conversation covers how technology has advanced field operations, including real-time data monitoring, remote decision-making, and improved visibility into drilling and completions performance. They also break down how technical evaluation and economic modeling work together, emphasizing the importance of disciplined decision-making when assessing project viability.

Additional topics include global unconventional opportunities, lessons learned from international consulting, infrastructure constraints in the Permian, and emerging trends such as alternative uses for stranded gas and increasing energy demand from new infrastructure.

Michael “Mike” Smith, President & COO
Nextier Energy

Stephen “Steve” Burnaman, VP, Exploration and Development
Nextier Energy

Casey Thames
Host, Digital Doers

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Sponsored by Liskow – Leaders in all aspects of energy law.

Oil spills are often in the headlines, capturing public attention and prompting significant legal and environmental discussions. But what exactly happens when an oil spill occurs? In this blog post, we will explore the legal framework governing oil spills, practical responses from industry professionals, and what these mean for the environment and the oil and gas industry.

https://www.liskow.com
https://www.liskow.com/team/matt-jones
https://www.liskow.com/team/april-l-rolen-ogden
https://www.linkedin.com/in/matt-jones-8315786
https://www.linkedin.com/in/aprilrolenogden
https://cteh.com/

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Sponsored by Verusen – Optimizing MRO Supply Chains with AI

Chris Collins, Co-Founder and CEO of ALLSERV, discusses the tangible benefits of optimizing MRO inventory and enriching the data so that companies can better determine how they should prioritize keeping MRO inventory and data clean. The conversation identifies components of a business case from the C-Suite perspective and provides practical advice to onsite operations leadership on how they evaluate whether cleaning up their MRO inventory and data is an untapped efficiency that can materially drive site profitability.

Also, each episode the guest is asked to share some career advice for people pursuing a career in Supply Chain.

ALLERV Website: https://allserv.com/
Chris Collins LinkedIn: https://www.linkedin.com/in/christopher-collins-47460b11/

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Sponsored by ABB – Helping industries outrun leaner and cleaner.

Summary
In this episode, host Joe Batir discusses with expert Josh Zive, Senior Principal from Bracewell, the impact of tariffs and geopolitics on the energy transition, with insights into trade policies, supply chain vulnerabilities, and use geothermal as an example. The discuss how companies both big and small should approach business in light of the current and ever evolving tariff strategy of the United States of America.

Josh’s book recommendation:
Fear and Loathing in Las Vegas by Hunter S. Thompson: https://a.co/d/03CKDhl1

Chapters
00:00 Introduction and Guest Background
02:27 Understanding Tariffs: Definition and Basics
04:13 Recent History of Tariffs and Trade Policy Changes
07:48 Impact of Tariffs on Global Supply Chains
09:11 Protectionism vs Free Trade: Goals and Outcomes
21:35 Predictions on the Future of Tariffs and Trade Policy
23:02 Final Questions and Wrap-up

Links:
Bracewell Law Firm: https://www.bracewell.com/
Josh Zive’s LinkedIn: https://www.linkedin.com/in/joshua-zive-4a98818/
Joe Batir’s LinkedIn: https://www.linkedin.com/in/josephfbatir/

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Sponsored by IFS – Purpose-built industrial AI

In this episode, Paige speaks with Jace Graham, Chief Executive Officer of Rising Phoenix Resources, as he reveals how leadership, not just technology, drives innovation in the oil and gas industry.

LinkedIn: https://www.linkedin.com/in/jace-graham/
Website: https://www.rising-phoenix.com

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Enjoying the show? Leave me a review here

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In this episode, Deirdra sits down with Alberta’s Minister of Energy and Minerals, Brian Jean, as he makes the case for Alberta’s low-cost natural gas as a unique advantage for the energy-intensive refining process for minerals like lithium, vanadium, and helium. He explains why Alberta is the answer for investors seeking certainty in a shifting global market and discusses the Government of Alberta’s recently announced regulatory streamlining.

Brought to you on OGGN, the largest and most listened-to podcast network for the oil and energy industry.

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Sponsored by IFS – Purpose-built industrial AI

Episode Description 
In this episode recorded in person at 2026 CERAWeek by S&P Global, Host, Elena Melchert, talks with Herman Nieuwoudt, President, IFS Energy Resources, about what is needed to succeed during times of extreme volatility. The energy industry is experiencing rapid technological change, enabling greater resilience and improved operations. Leadership involves adaptability, learning from challenges, and embracing innovation. Industry now has robust solutions across accounting, production, and asset management, helping clients achieve optimal performance through unified asset views with AI integration. This is crucial given market volatility—from pandemics to geopolitical conflicts—which impacts resource allocation and operational decision-making. Tools that aid investment planning amid uncertainty, underpin targeted spending that maximize returns. Unified asset management streamlines work orders, dispatch, maintenance, and inventory, minimizing downtime and enhancing efficiency, even as workforce experience levels change.

Episode Links 

IFS Energy & Resources: Upstream Oil and Gas

Production: IFS Merrick https://go.ifs.com/ifs-merrick

Accounting: IFS AP Invoice https://go.ifs.com/ap-invoice-2026

Land: iLandman https://www.ifs.com/en/products/upstream-oil-and-gas/land-management/ifs-ilandman

Post-CERAWeek blog post by Herman Nieuwoudt: https://blog.ifs.com/reflections-from-ceraweek-2026-resilience-in-the-age-of-uncertainty/

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