- The Oil Patch
- Posts
- 🛢️ Biden Admin Attacks Nord Stream 2
Good morning, here's what the Oilman has for you today:
Biden Admin Slaps New Sanctions on Nord Stream 2
The Biden administration has issued fresh sanctions on companies linked to Nord Stream 2.
The pipe’s defunct after the 2022 sabotage but that’s not enough.
So Washington has added several Russian businesses to the sanction list.
Per the State Department, the pipe remains a threat—to Ukraine gas transit.
Go Premium to read the rest…
Fixed-Rate Returns for Accredited Investors
How does it work?
You purchase a bond from ROX Energy Capital
You are now a bondholder with the right to receive a 10% fixed annual return — payable monthly.
ROX Energy Capital Buys Working Interests
Bond proceeds are used to purchase non-operated working interests in oil and gas properties. ROX Energy Capital receives the recurring cash flow from these “non-op" working interests for the life of the asset.
You get paid
Bondholders receive their monthly interest payment from ROX Energy Capital for the term length of the bond.
Learn more at ROX Energy Capital
Listen to Life of an Oil Man
Life of an Oilman has covered some big personalities:
Aubrey McClendon came from oilfield royalty — his great uncle was the co-founder of Kerr-McGee and an Oklahoma Governor.
In the latest Life of an Oilman, Adam Oxsen covers Aubrey’s rise from local-Oklahoma landman to a global, energy icon.
Go listen to Life of an Oilman.
Analysts Issue Stark Warning of UK Transition Costs
The UK’s speeding down transition road. It wants to turn net-zero as fast as possible.
But the government has also promised low energy bills.
You’d never guess what analysts have discovered.
The two are not going to happen, not simultaneously.
Energy costs to business in the UK are up to 2x what they are elsewhere - we have been pushing a disproportionate cost from the energy transition onto business for too long - and the collapse of industry is accelerating
— Rory Stewart (@RoryStewartUK)
5:32 PM • Dec 13, 2024
Go Premium to read the rest…
Tweet of the Day
Ruin your ops manager’s weekend with this one simple trick.
— Aubrey___K (@Aubrey___K)
10:15 PM • Dec 13, 2024
Thanks for reading today’s Oil Patch!
Stay oily, my friend.
Two quick requests before you go:
If you found this useful, forward this email to a friend to spread the word. 👇
Take 1 second to answer the poll below 👇👇
What do you think of today's edition? |